Loan Servicing Specialist – Payments & Escrow Support

Automatic Data Processing, Inc.; El Paso (TX); On-site; USD 42,000 - 66,000; Full time

Job summary

Automatic Data Processing, Inc. is seeking a Loan Servicing Specialist II or III in El Paso, TX. The role supports timely processing of loan payments, advances, payoffs, and ongoing account maintenance.

Responsibilities include handling daily transactions, reconciling accounts, responding to inquiries, and ensuring compliance with policies and regulations. This is a non-exempt, office-based position with standard banking duties.

Qualifications

• Minimum of 1–2 years of experience in banking, financial services, or a related field; prior loan account servicing experience preferred.
• Working knowledge of loan servicing transactions preferred.
• High level of accuracy, attention to detail, and problem solving ability.
• Ability to work independently, meet deadlines, and manage multiple tasks simultaneously.
• Strong communication skills and ability to collaborate with cross functional departments.

Responsibilities

• Process loan advances, payments, payoffs, fee waivers, and transaction reversals accurately and timely.
• Process daily transactions through the digital teller scanner and maintain required record retention files.
• Post loan payments and advances and reconcile participation loan accounts.
• Establish and maintain AFT and ACH requests.
• Respond to customer and internal inquiries via phone and email, including providing payoff quotes.
• Perform daily loan maintenance activities, including closing lines of credit and updating loan records.
• Review, reconcile, and maintain daily loan billing statements.
• Research and resolve loan history discrepancies, escalating complex issues to management as appropriate.
• Process written credit verification requests in accordance with established procedures.
• Assist with the processing of partial releases and paid-out loan collateral releases.
• Serve as the primary backup for escrow administration and LERETA tax service functions.
• Provide support to Loan Funding & Set-Up Specialists and Loan Documentation Review Specialists as needed.
• Deliver proactive operational support to lending, credit, and loan administration staff.
• Perform additional duties and responsibilities as assigned.

Skills

Banking experience

Loan servicing knowledge

Attention to detail

Independent worker

Strong communication

Tools

Bank core systems

Loan servicing platforms

Microsoft Office

Job description

Automatic Data Processing, Inc. is seeking a Loan Servicing Specialist II or III in El Paso, TX. The role supports timely processing of loan payments, advances, payoffs, and ongoing account maintenance.

Responsibilities include handling daily transactions, reconciling accounts, responding to inquiries, and ensuring compliance with policies and regulations. This is a non-exempt, office-based position with standard banking duties.