Loan Payoff Specialist Job Wichita Kansas USA,Finance & Banking

Job Category Financial, Banking, Lending
Employee Type Full Time

Description

The Loan Payoff Specialist is responsible for the accurate and timely processing of loan payoffs and ensuring proper lien release and documentation. This role supports the lending function by maintaining compliance with regulatory requirements, safeguarding collateral interests, and providing administrative and operational support to the loan department. The specialist plays a key role in delivering a seamless payoff experience for customers while supporting internal partners across lending, operations, and compliance.

Major Duties and Responsibilities

Research and prepare payoff statements, process payoff checks including lot development payments.

Process real estate releases resulting from payoffs including preparing, filing, and tracking releases and other miscellaneous payoff duties.

Responsible for closing paid real estate, commercial and consumer loan jackets for all locations including preparing, filing, and tracking releases of all collateral types and notifying insurance companies of removal of lien.

Responsible for the quarterly lot listing billing; during downtime provide administrative support for loan department and other duties as assigned.

Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, the Office of Foreign Assets Control, and all security policies and procedures.

All employees are expected to actively promote Legacy Bank to existing and prospective customers to obtain and build the Bank’s customer base and thereby enhance Legacy Bank’s growth and profitability.

Requirements

Experience

Six months to two years of similar or related experience, including time spent in preparatory positions.

Education/Certifications/Licenses

High school degree or GED required.

Interpersonal Skills

Communicates and collaborates effectively with team members, customers, and business partners while providing information, guidance, and support. Demonstrates strong organizational skills, attention to detail, and a commitment to delivering accurate information or results.

This role is exclusively basedin Wichita, KS. We are not offering remote work or relocation assistance for this position. Candidates must be currently residing in or willing to commute to Wichita, KS.

Summary

Who We Are

Since our founding in Colwich, Kansas nearly
140 years ago, Legacy Bank has established itself as a strong community partner and a preferred place of employment. Nowinour fifth generation of leadership,our focus remainson our people and delivering relationships, service, and solutions to our area communities.

At Legacy Bank, our employees exemplify sound work ethics, dedication, and a desire to improve lives. We consider our team members our most valuable asset and prioritize their well-being. We recognize their contributions and support them with comprehensive benefits, fostering both their personal happiness and long-term success.

Our Benefits include: health insurance (Legacy pays a portion of the employee’s premium), 401(k) with employer matching, accrued vacation and sick leave, paid personal day, health & dependent care flexible spending account, and more.

ADA Requirements

Physical Requirements

Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours whenever required or requested by management.

Must be capable of regular, reliable and timely attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job…