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Loan Disbursment Specialist

NEWDAY USA
Fulton, MD Full Time
POSTED ON 4/22/2025
AVAILABLE BEFORE 5/21/2025

Job Description

We are looking for a highly motivated Loan Disbursment Specialist to join our team. As a Loan Disbursment Specialist, you will be responsible for supporting our disbursement operations by disbursing closed loans and utilizing software and financial institution programs.

Key Responsibilities:

  • File Preparation: Prepare and disburse assigned files by printing invoices, creating shipping labels, printing checks, and creating outbound wires.
  • Transaction Verification: Verify and post detail of business transactions including incoming wire amounts, outgoing wire amounts, payee, and amounts for the disbursement checks to the ledgers & system of record.
  • Inquiry Response: Research and respond to inquiries from lenders, borrowers, or other disbursement recipients related to the transaction.
  • Customer Service: Provide customer service support to both Lenders and Borrowers including processing replacement checks, updating disbursement ledgers, check image retrievals, stop payments, wire confirmations.
  • Reconciliation Item Research: Research and provide supporting information to accounting for reconciliation items.
  • NDI Support Coordination: Coordinate and work with NDI support team.

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