Multi-Branch Loan Payoff Specialist

Planters Bank; Indianola (MS); On-site; USD 42,000 - 66,000; Full time

Job summary

Planters Bank & Trust Company is seeking a Centralized Loan Payoff Specialist to handle payoff processing across consumer, commercial, mortgage, and other loan types. The role ensures accurate collateral documentation and adherence to federal and state requirements while maintaining strict confidentiality.

The position requires a strong attention to detail, solid analytical abilities, and excellent communication skills to collaborate with Loan Operations across multiple branches.

Qualifications

• Exceptional attention to detail and accuracy in processing loan payoffs.
• Strong analytical skills for complex payoff calculations and documentation.
• Excellent verbal and written communication for cross-department coordination.

Responsibilities

• Administers and processes consumer, commercial, mortgage, specialty, and indirect loan payoffs.
• Ensures timely release, retention, and documentation of collateral per regulations and bank policy.
• Maintains confidentiality and provides quality service to customers while coordinating with multiple departments.

Skills

Attention to detail

Analytical skills

Communication

Education

High school diploma or equivalent

Associate’s or bachelor’s degree in Business, Finance, Accounting, Banking, or related field preferred

Job description

Planters Bank & Trust Company is seeking a Centralized Loan Payoff Specialist to handle payoff processing across consumer, commercial, mortgage, and other loan types. The role ensures accurate collateral documentation and adherence to federal and state requirements while maintaining strict confidentiality.

The position requires a strong attention to detail, solid analytical abilities, and excellent communication skills to collaborate with Loan Operations across multiple branches.