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

Loan Servicing Clerk III performs routine loan servicing administrative tasks. Processes payments, disbursements, changes, and other transactions. Being a Loan Servicing Clerk III verifies the completeness and accuracy of documents. Performs calculations for distributions. Additionally, Loan Servicing Clerk III 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 III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Loan Servicing Clerk III typically requires 3-5 years of related experience, or may need 2 years experience with additional specialized training and/or certification.

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