What are the responsibilities and job description for the Loan Service Specialist position at First Bank Texas?
Loan Service Specialist play a crucial role in supporting the Lending staff by performing various loan servicing tasks to prepare loans for both consumer and commercial non real estate loan portfolios.
Key Responsibilities:
- Assist in preparing loans for personal and commercial non real estate loans
- Onboard new loans into the Bank’s Loan Management System (LMS), ensuring all data is accurate and supported by loan documentation.
- File loan modification and property-related documents electronically.
- Process monthly debt service and reserve payments as needed.
- Manage property tax and insurance information, including conducting periodic escrow analyses, confirming payments of real estate taxes and insurance premiums, and maintaining records.
- Collect, verify, and file borrower and guarantor financial statements, tax returns, credit checks, and related documents.
- Monitor compliance requirements such as expiring flood certifications and UCC filings, ensuring all items are processed according to Bank policy and loan agreements.
- Adhere to Bank policies, procedures, and guidelines.
- Management may modify the role as needed.
Knowledge, Skills, & Abilities:
- Extensive knowledge of bank terminology.
- Ability to manage multiple tasks and meet deadlines.
- Capable of working independently and as part of a team.
- Proficiency in reading and interpreting commercial loan documents.
- Effective verbal and written communication skills.
- Detail-oriented with a strong focus on accuracy.
- Excellent customer service skills.
- Proficient in Microsoft Word and Excel.
Basic Qualifications:
- High school diploma or equivalent required
- Bachelor’s degree in a relevant field preferred
- At least three years banking experience required
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
Reasonable accommodations statement
First Bank Texas is committed to the full inclusion of all qualified individuals. In keeping with our commitment, First Bank Texas will take steps to ensure that people with disabilities are provided reasonable accommodations. Accordingly, if reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and/or to receive all other benefits and privileges of employment, please contact LaShanna Rowe, VP of Human Resources (325) 793-5029 and/or email at lashanna.rowe@go2fbt.com
Employment with First Bank Texas is contingent upon the outcome of record checks and verifications including, but not limited to, criminal history, credit checks, employment verifications, reference checks, and employment eligibility verifications.
