Also referred to as: Loan Servicing Representative I - Consumer Loans, Loan Servicing Specialist I - Consumer Loans
Requirements and Responsibilities

Loan Servicing Clerk I performs routine loan servicing administrative tasks. Processes payments, disbursements, changes, and other transactions. Being a Loan Servicing Clerk I verifies the completeness and accuracy of documents. Performs calculations for distributions. Additionally, Loan Servicing Clerk I monitors escrow payments and tracks delinquencies. Researches customer and internal inquiries and delivers a response or solution. Maintains required electronic files and system inputs. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Loan Servicing Clerk I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.

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