Consumer Loan Servicing Manager manages the loan servicing function to deliver efficient collections, escrow, and cashiering operations. Establishes processes and procedures to maintain accuracy and completeness of required documentation. Being a Consumer Loan Servicing Manager sets operating performance metrics and standards for speed, quality, and customer service. Oversees the preparation of reporting for internal departments and external agencies. Additionally, Consumer Loan Servicing Manager coordinates audit requests and processes. Develops training and communication mechanisms that inform the team of regulatory requirements and updates. Typically requires a bachelor's degree. Typically reports to a senior manager or head of a unit/department. The Consumer Loan Servicing Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Consumer Loan Servicing Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
BASIC FUNCTION:
Process loan renewals, perform loan file maintenance, and process transactions required for quality loan servicing. Process paid out loans and charge-offs. Maintain loan documents in the banks imaging system and in paper format, where required. May manage the loan escrow process, review loan on-boarding and other account maintenance for accuracy and appropriateness. May research and respond to customer inquiries and credit reporting disputes in a timely and courteous manner. Provide back-up to escrow processing. All duties should be performed in accordance with established policies and procedures, with appropriate documentation of actions taken.
ESSENTIAL FUNCTIONS:
SKILLS, KNOWLEDGE, AND TRAINING:
WORKING CONDITIONS:
REQUIREMENTS:
Clear All
0 Consumer Loan Servicing Manager jobs found in Knoxville, TN area