Job Title

Loan Servicing Specialist

Banesco USA is seeking a Loan Servicing Specialist for our Loan Operations unit.

Primary Job Duties:

* Responsible for assisting customers, bank staff, government agencies and insurance agents in inquiries and/or research related to escrow disbursements, loan servicing and insurances.

* Responsible for assuring proper input of all types of insurances in the Jack Henry system, ensuring required fields are completed, including flood determination information.

* Responsible for preparing flood expiration notices within the time frame stipulated by regulations.

* Monitors all insurances via the tickler system and disburse funds for the payment of insurance premiums for the loans in escrow.

* Responsible for assuring real estate taxes are properly entered when new loans are booked in Jack Henry and the folio numbers with legal description are sent on a timely basis to CoreLogic for accurate tracking.

* Responsible for processing escrow disbursements and preparing the checks to pay agents and/or insurance companies.

* Assists in the reconciliation of the flood determination and tax service fee general ledger accounts on a monthly basis.

* Prepares satisfaction, partial release and UCC on paid-off loans.

* Responsible to send letters to borrowers informing them of delinquency in taxes.

* Responsible for reviewing insurance and real estate tax tickler report on a weekly basis to ensure no lapse in coverage or delinquent taxes.

* Responsible preparing of insurance and real estate tax tickler reports from Cognos on a monthly basis.

* Responsible to perform escrow disbursements, escrow analysis as needed.

* Responsible for processing escrow analysis on an annual basis as needed.

* Responsible for completing annual training program assigned.

* Responsible for preparing UCC-3 Continuations as needed.

* Responsible for preparing payoff and partial release letters.

* Backup for preparing the daily PLC reconciliation.

* Performs other functions and/or duties as assigned.

Job Requirements:

* Education: Associate degree or equivalent experience

* Experience: Five (5) years of experience in the Banking industry, preferably in loan servicing/operations department.

* Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)

* Knowledge of Participated and Syndicated Loans is required.

* Knowledge of Jack Henry is required.

* Knowledge of Cognos is highly preferred.

* Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.

* Strong verbal and written communication skills, ability to communicate at all levels of the organization.

* Strong attention to detail and accuracy.

* Ability to multi-task, with strong organization, time-management and prioritizing skills.

* Customer service skills, ensuring satisfaction of both internal and external customers.

* Ability to work in a team environment.

* Knowledge of related State and Federal banking compliance regulations and operational policies.

* Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank's policies and procedures.

* Problem solving and analytical skills in order to identify problems.

Benefits:

* Competitive Salary.

* PTO

* Hybrid Work Model (remote and on-site work)

* Tuition Reimbursement.

* Paid Parental Leave

* Medical, Dental, Vision

* 401k

* Life Insurance

* Supplemental Insurances

* Short-Term & Long-Term Disability

About Us:

Banesco USA is part of Banesco International, a worldwide group of financial institutions with a presence in 15 countries.

As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today's world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.

Our actions are rooted in our Values: Reliability, Responsibility, Quality, and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.

At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.

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