Mortgage Loan Servicing Specialist

First State Bank is seeking a Mortgage Loan Servicing Specialist onsite at our West Clay location. If you have related experience in mortgage accounting and servicing, then you may be a great fit!

40 hours per week.

Full Time benefits will apply, including; medical, dental and vision insurance, paid time off, 401k, ESOP and more!

Duties and Responsibilities:

The Mortgage Loan Servicing Specialist will perform all duties required of a Servicing Specialist by following policies and procedures set forth by First State Bank, including, but not limited to:

• Reconciles multiple GL and DDA accounts on a daily and monthly basis.
• Accurately follows procedures to balance loan funding’s after loans close.
• Books loans either to Fiserv or the file is transferred to sub-servicer.
• Stacks, ships, and files loan in the vault as necessary.
• Accurately prepares and processes all tickets and third party checks that are necessary to balance a new loan origination.
• Services all HELOCs and Held for Sale loans.
• Assists customers with questions relating to existing loans serviced by sub-servicer.
• Administers the tickler system for new loan documents follow-up.
• Processes disbursements, payments, and releases.
• Maintains escrow accounts through review, disbursing, and set up
• Processes daily loan payments as necessary and send to sub-servicer or new investor when applicable.
• Processes monthly MERS reconciliation and research discrepancies.
• Makes collection calls on HELOCS.
• Complete all required compliance training and complies with the Bank Secrecy Act and Anti-Money Laundering Act as well as all regulations which apply within the scope of the position.
• Performs other related duties as assigned.

Qualifications:

• High school diploma or general education degree (GED) required.
• Bachelor’s degree from a four year college or university preferred.
• One to two years related experience and/or training required.
• Two to four years related experience and/or training preferred.
• One to two years of math/accounting experience preferred.

As a condition of employment, all new hires will be required to complete a background check and drug testing.

First State Bank is an Equal Opportunity Employer, including protected veterans and individuals with disabilities.