Job Description
SUMMARY
This position is responsible for ensuring effective Loan Servicing functions in accordance with First United policies and standards.
MAJOR DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)
Uploads loan transactions accurately and timely to the core loan accounting system in accordance with approved request, policies and procedures.
Ensures accurate and timely file maintenance and/or adjustments of loan data in core loan accounting system.
Ensures accurate and timely application of payments received.
Ensures participated loan accounts balance with participating financial institutions. Sends and receives payment advice, confirms transactional information and follow up correspondence with participating financial institution.
Processes daily and monthly reports generated from CORE loan accounting system and other reports as designated.