First Bank & Trust

LoanServicingAdministrator

Brookings, South Dakota, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid candidates.

The Brief

“Loan Servicing Administrator at First Bank & Trust. Skills: mortgage loan servicing, loan accounting, reconciliation. daily activities and reconciliation of the bank’s mortgage loan servicing portfolio. daily, weekly, and monthly reconciliation of the investor servicing activity for Federal Home Loan Bank (FHLB), Fannie Mae, and SDHDA loan portfolios”

Industry & Context.

Problems you'll solve

analytical skills; Research and respond to loan customer inquiries; Identify, address, and recommend to management necessary policy and procedure changes

What They're Looking For.

Must Have

bachelor’s degree, four years of related experience, Strict adherence to details, analytical skills, ability to work independently, firm understanding of the mortgage loan servicing process, loan accounting function

What You'll Do.

daily activities and reconciliation of the bank’s mortgage loan servicing portfolio

and monthly reconciliation of the investor servicing activity for Federal Home Loan Bank (FHLB)

and SDHDA loan portfolios

keeping up on investor changes and implementing and adopting those changes

research and respond to loan customer inquiries from both external and internal customers concerning

escrow accounts and loan history

keep written procedures up to date

and recommend to management necessary policy and procedure changes as warranted

write loan scripts to automate processes within the Credit team with the use of Power Automate

act as back-up for the escrow function of the department as needed and provide support as needed

complete projects as assigned by the Loan Servicing Manager or Loan Servicing Supervisor

act in accordance with FBT policies and procedures as set forth in the employee handbook

adhere to compliance procedures and participate in required compliance training

How You'll Work.

Team & Collaboration

collaborate in a professional manner with external investor and insurer personnel; respond to loan customer inquiries from both external and internal customers

Communication Scope

professional manner; friendly manner

Process & Methodology

Complete projects as assigned

Full Job Description

_**Job Description:**_ The Loan Servicing Administrator is responsible for the daily activities and reconciliation of the bank’s mortgage loan servicing portfolio under limited supervision. **Qualifications:** This person should have a bachelor’s degree plus four years of related experience or the equivalent. Strict adherence to details, strong analytical skills, and the ability to work independently are required. A firm understanding of the mortgage loan servicing process and the loan accounting function are also required. This person will collaborate in a professional manner with external investor and insurer personnel. **Principal Responsibilities:** * Be the expert in the daily, weekly, and monthly reconciliation of the investor servicing activity for Federal Home Loan Bank (FHLB), Fannie Mae, and SDHDA loan portfolios. Ensure the policies of each investor are being followed by keeping up on investor changes and implementing and adopting those changes. * Be the system expert of the Investor Servicing, Investor Servicing Delivery and other loan menus in the JHA System. Understand how the system operates to ensure customers loans are being servicing according to standards set forth by examiners/auditors. * Research and respond to loan customer inquiries from both external and internal customers concerning, but not limited to, loan payments, escrow accounts and loan history, while always maintaining a professional and friendly manner. * Keep written procedures up to date. Identify, address, and recommend to management necessary policy and procedure changes as warranted. * Write loan scripts to automate processes within the Credit team with the use of Power Automate. * Act as back-up for the escrow function of the department as needed and provide support as needed. * Complete projects as assigned by the Loan Servicing Manager or Loan Servicing Supervisor. * Act in accordance with FBT policies and procedures as set forth in the employee handbook. * Adhere to complian

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