Walden Savings Bank

  • Loan Servicing Specialist

    Job Locations US-NY-Montgomery
    Job ID
    Retail Lending
    Regular Full-Time
  • Overview

    Loan Servicing Specialist is responsible for performing routine operational duties related to residential, construction and consumer loans in compliance with the Bank's policies, procedures and related state and federal laws and regulations. Assist in boarding loans; conducts loan funding’s and processes payments or advances as directed; distributes daily and monthly reports; and promotes business for the bank by maintaining good customer relations and referring customers to appropriate staff for new and existing services.


    • Servicing of secondary market/ Freddie Mac loans
    • Researches customer issues and responds to customer inquiries in a friendly and timely manner
    • Processes loan advances and loan payments
    • Processes escrow insurance, tax payments and annual analysis
    • Sets up all loan types on the core system
    • Ensures adherence to bank policy and regulatory requirements
    • Quotes and processes loan payoffs and partial pay down for all loan types and prepares full and partial release discharges
    • Tracks expired flood, hazard and condominium polices and past due real estate taxes, contacts tax collectors/insurance agents and sends letters to customers
    • Assists in records management and data integrity reviews - creates Excel spreadsheets
    • Assists Accounting and other departments related to the loan portfolio
    • Continually looks for ways to improve and streamline all aspects of loan servicing
    • Provides back up to loan servicing management
    • Preferred experience with Fiserv Premier core origination system



    NOTE: This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.


    • Minimum of 3 years’ experience servicing FHLMC mortgages
    • High school diploma or equivalent experience
    • Detail oriented
    • Good organizational and analytical skills
    • Effective customer service skills including phone and written communication skills
    • Proficient in Microsoft Word, Excel, Outlook, and basic email and fax functions


    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed