Loan Servicing Specialist III
Listed on 2025-12-31
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Finance & Banking
Loan Servicing, Banking Operations
Loan Servicing Specialist III
Base pay range: $23.75/hr - $32.21/hr
Location:
Chicago, IL
Join the firm that Fortune has named one of the top five “World’s Most Admired Companies” and Linked In ranked #1 out of 50 of the best companies in the U.S. for best places to work and grow your career. The Loan Servicing Specialist III position is a Processing role within the Centralized Money Movement Team. The candidate is responsible for processing high complexity credit and debit loan transactions, in a fast‑paced environment associated with various supported market segments.
The Loan Servicing Specialist III is responsible for various forms of monetary related transactions on the applicable commercial loan system. The position also entails escalated researching and processing maintenance transactions for monetary and non‑monetary transactions. In‑depth knowledge of reconciling differences, understanding how credits or debits impact the general ledger, monitoring interest/fee/principal transactions & various maintenance requests ensuring system integrity.
- Interpret and analyze loan documents, ensuring accurate understanding and application of terms and conditions in line with established protocols.
- Manage and monitor assigned loan portfolio, ensuring timely and accurate servicing activities such as funding, re‑pricings, and payments.
- Engage with internal and external stakeholders, providing clear and concise communication to address queries and resolve routine issues.
- Apply critical thinking to identify potential conflicts of interest within loan servicing tasks, and facilitate discussions to reach mutually beneficial solutions.
- Contribute to the team's efficiency by organizing and prioritizing tasks, ensuring adherence to deadlines and maintaining quality under tight timelines.
- Baseline knowledge or equivalent expertise in loan servicing operations, including understanding of loan documents and related procedures.
- Demonstrated ability to manage conflicts, with experience in facilitating discussions and creating solutions in a business setting.
- Proven skills in critical thinking, with the ability to organize, compare, and evaluate various aspects of loan servicing tasks.
- Experience in stakeholder management, with the ability to establish productive working relationships with internal and external clients.
- Proficiency in time management and organization, with a track record of efficiently managing multiple tasks and achieving goals effectively.
- Flexibility and adaptability in adjusting to changing conditions and priorities, maintaining a positive and optimistic outlook during periods of change.
- Proficiency in utilizing continuous improvement and process automation to optimize lending workflows and enhance operational efficiency.
- Strong teamwork and motivation, actively contributing to team success by being supportive, helpful, and collaborative for the good of the team.
- Demonstrated interpersonal relationship skills, with a willingness to learn, receive direction, and ask well‑thought‑out questions to enhance understanding and performance.
- Excellent client service focus, dedicated to enhancing client satisfaction and service delivery through effective communication and support.
JPMorgan Chase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law.
We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Seniority levelNot Applicable
Employment typeFull‑time
Job functionFinance and Sales
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