Top Consumer Loan Servicing Executive jobs in Maryland

Top Consumer Loan Servicing Executive oversees all consumer loan servicing activities. Ensures efficiency of collections, escrow, and cashiering operations. Being a Top Consumer Loan Servicing Executive provides recommendations for areas of improvement. Requires a bachelor's degree. Additionally, Top Consumer Loan Servicing Executive typically reports to a head of a unit/department. The Top Consumer Loan Servicing Executive manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Top Consumer Loan Servicing Executive typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Loan Servicing Specialist I
  • First Financial Federal Credit Union of Maryland
  • Sparks Glencoe, MD FULL_TIME

  •  
    First Financial Federal Credit Union

    Job Description

     

    Job Title: Loan Servicing Specialist I, II

    Department: Lending

    Reports To: Loan Servicing Manager

    Salary Grade(s): 6, 7

    EEO-1 Job Class:  5 - Administrative Support Workers 

    FLSA Status:  Non-exempt

    Full-time

    Part-time 

    Temporary 

    Location:  72 Loveton Circle Sparks, MD 211152

    ***This is a fully in-office position. 


     

    Function:

     

    Supports the lending function in all consumer and real estate loan products.  Responsible for a variety of job tasks related to the post settlement servicing of loans.

     

     

    Position Requirements:

     

    EXPERIENCE: Based on level; ranges from one year to six years of similar or related experience.

    • Loan Servicing Specialist I: – 0-2 years 
    • Loan Servicing Specialist II: 2-4 years of experience 

     

    EDUCATION: High school diploma or GED equivalent. 

     

    An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above.


     

    Duties:

     

    Loan Servicing Specialist I & II 

    • Respond to Member loan file maintenance requests. Research member questions and/or discrepancies, performs necessary adjustments, communicate decisions to Member. This can include, but is not limited to: payment method, frequency, or amount changes; adding or removing payment protection, and processing payment skips.
    • Cross collaborate with related lending units in all aspects of loan servicing, including Branch Offices, Loan Call Center, and Real Estate & Consumer Loan Fulfillment.
    • Responsible for knowledge and adherence to all loan servicing policies and procedures.
    • Maintain production, quality, and service standards for lending.
    • Monitoring collateral title tracking reports to ensure proper lien placement. Work with Members, automobile dealerships, financial institutions, government agencies, and state/county courthouses to file and correct titling issues.
    • Monitor closed loan reports to process collateral lien releases in a timely manner.
    • Provide notary services for Credit Union documents
    • Work with third party vendors to process claims and correct errors
    • Assist in preparation of loan payoff statements as requested
    • Use of Customer Relationship Manager (CRM) & DocuSign to efficiently process Member requests and document corrections.
    • Responsible for entering accurate action notes and data integrity when performing loan file maintenance on existing accounts.
    • Make corrections and update credit reports as needed. Process disputes and corrections via E-Oscar. 
    • Assists in the achievement of Lending Department and Credit Union Strategic Plan Goals.


    Adheres to regulations and organizational policies, maintaining awareness and knowledge required to perform the duties of the position including all aspects of the Bank Secrecy Act, Fair Lending, and Information Security.

     

    Perform other assigned duties of similar scope and complexity.

     

     

    Equal Opportunity Employment

     

    First Financial of Maryland Federal Credit Union is an Equal Opportunity employer with a strong commitment to hiring for our mission and diversifying our staff.  All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, marital status, protected veteran status or any other factor protected by law.

     

  • 3 Days Ago

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Loan Servicing Operations Specialist
  • Presidential Bank
  • Bethesda, MD FULL_TIME
  • Job Summary: The Loan Servicing Operations Specialist position is primarily responsible in maintaining appropriate levels of customer service and operational efficiency while meeting all regulatory re...
  • 1 Month Ago

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Loan Servicing Exception Specialist II
  • EagleBank
  • Silver Spring, MD OTHER
  • Overview We are a values driven organization putting Relationships FIRST. EagleBank is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with...
  • 1 Month Ago

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Consumer loan specialist
  • OneMain Financial
  • Laurel, MD FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Special...
  • 18 Days Ago

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Consumer loan specialist
  • OneMain Financial
  • Fort Meade, MD FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Special...
  • 18 Days Ago

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Consumer loan specialist
  • OneMain Financial
  • Lochearn, MD FULL_TIME
  • At OneMain, Consumer Loan Sales Specialists empower customers listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Special...
  • 19 Days Ago

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Sales Executive- Employee Benefits
  • AssuredPartners, Inc.
  • Cranford, NJ
  • Please note that the duties below can vary based on the workflow of your local office. Prospect: involves using our Sale...
  • 3/28/2024 12:00:00 AM

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Sales Executive - Employee Benefits
  • Brown & Brown, Inc.
  • Irvine, CA
  • Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best...
  • 3/28/2024 12:00:00 AM

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Sales Executive- Employee Benefits
  • AssuredPartners
  • Deerfield Beach, FL
  • Overview: Love what you do but not where you do it? As a Sales Executive at AssuredPartners, you will use your existing ...
  • 3/28/2024 12:00:00 AM

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Sales Executive- Employee Benefits
  • Assured Partners
  • Houston, TX
  • Overview Love what you do but not where you do it? As a Sales Executive at AssuredPartners, you will use your existing s...
  • 3/28/2024 12:00:00 AM

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Sales Executive, Employee Benefits
  • Keenan
  • Greater Los Angeles, CA
  • Keenan has an exciting career opportunity as a Sales Executive that will be tasked with the generation of new business i...
  • 3/27/2024 12:00:00 AM

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Sales Executive- Employee Benefits
  • Assured Partners
  • Deerfield Beach, FL
  • Overview Love what you do but not where you do it? As a Sales Executive at AssuredPartners, you will use your existing s...
  • 3/25/2024 12:00:00 AM

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Sales Executive- Employee Benefits
  • Assured Partners
  • Franklin, TN
  • Overview Love what you do but not where you do it? As a Sales Executive at AssuredPartners, you will use your existing s...
  • 3/25/2024 12:00:00 AM

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Account Executive-Employee Benefits
  • National Financial Partners Corp.
  • Palm Beach Gardens, FL
  • Who We Are NFP is a seven-time Best Places to Work award winner in Business Insurance who has also earned the 5-Star Div...
  • 3/25/2024 12:00:00 AM

Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east. The state's largest city is Baltimore, and its capital is Annapolis. Among its occasional nicknames are Old Line State, the Free State, and the Chesapeake Bay State. It is named after the English queen Henrietta Maria, known in England as Queen Mary. Sixteen of Maryland's twenty-three counties border the tidal waters of the Chesapeake Bay estuary and...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Top Consumer Loan Servicing Executive jobs
$163,169 to $317,029