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Loan Servicing Specialist

Job in Bismarck, Burleigh County, North Dakota, 58502, USA
Listing for: Equity Bank
Full Time position
Listed on 2026-07-14
Job specializations:
  • Finance & Banking
    Loan Servicing
  • Administrative/Clerical
    Loan Servicing
Salary/Wage Range or Industry Benchmark: 42000 - 65000 USD Yearly USD 42000.00 65000.00 YEAR
Job Description & How to Apply Below

Job Summary

The Loan Servicing Specialist will manage various aspects of the loan servicing life cycle, including processing loan payments, advances, transfers, and payoffs; maintaining loan documentation, collateral files, insurance records, and customer statements; monitoring insurance coverage; and preparing loan‑related reports, notices, and correspondence.

Key Responsibilities
  • Process loan payments, advances, and line of credit transactions.
  • Board loans into the bank’s core processing system.
  • Maintain loan and collateral files, ensuring accuracy and completeness.
  • Monitor insurance requirements and follow up on expired or canceled policies.
  • Prepare and distribute loan‑related reports, notices, and correspondence.
  • Respond to customer and internal inquiries and provide operational support to loan officers and other staff.
  • Assist with loan documentation and support collection efforts on delinquent accounts.
Qualifications
  • 5+ years of experience in small business or commercial loan administration (or equivalent combination of education and experience).
  • Proficiency with Microsoft Office and loan origination systems.
  • Knowledge of Navigator (preferred).
  • Experience with Laser Pro a plus.
  • Strong attention to detail and excellent organizational and time‑management skills.
  • Ability to manage multiple priorities and meet deadlines.

This is an in‑office position.

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