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Corporate Loan Post Closing Specialist

MSCCN - Springfield, IL

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Job Description

This job was posted by : For moreinformation, please see:TitleCorporate Loan Post Closing SpecialistReports To:Corp Loan Post Closing SupervisorClassification:Non-ExemptDepartment:Corp Loan OperationsEEO Category: Administrative Support WorkersSupervises:NoneLocation:Harmon HighwayStatus:Full Time# Job Summary# Responsible for the monitoring of account delinquency, issuing escrow payments, tracking insurance, resolve credit bureau disputes, and receive bankruptcy notices from borrowers.# # Essential Duties & ResponsibilitiesSell, audit, and report mortgages to secondary marketProcess and pay tax bills while monitoring tax service (Info-Pro)reports and exceptionsProcess and pay insurance escrow premiums, mortgage insurance premiums,and Rural Housing guaranteed annual fee premiums.Process and analyze annual escrow analysis prior to distribution tocustomer.Balance FNMA portfolio daily and monthly, forwarding principal andinterest payments plete reporting for USDA, FHA, VA, FNMA, Inhouse Mortgage, MILAR,Delinquent loans, and there may be additional reporting required on anas needed basis.File claims for secondary market accounts that have incurred expensesdue to workout programs, delinquency, deed in lieu of foreclosure, shortsale, or foreclosure. Claims must be filed timely and may requiremultiple submissions based on investor (i.e. Rural Development, privatemortgage insurance).Verify accrual balance on the portfolio, as needed.Monitor, contact customers, and allocate unapplied funds on a dailybasis to loans.Supervisory RequirementsPersonnel Management: This position has no supervisory responsibilities.Process Management:Physical DemandsThe physical demands described here are representative of those thatmust be met by an employee to successfully perform the essentialfunctions of this job. Reasonable accommodations may be made to enableindividuals with disabilities to perform the essential functions.The physical activities of this position may include climbing, reaching,standing, lifting, talking, hearing and performing repetitive motions.Medium exertion; exerting up to 50 pounds of force occasionally, and orup to 20 pounds of force frequently, and or up to 10 pounds of forceconstantly to move objects.The worker is required to have close visual acuity to perform anactivity such as: preparing and analyzing data and figures; viewing acomputer terminal.Work EnvironmentThe work environment characteristics described here are representativeof those that must be met by an employee to successfully perform theessential functions of this job. Reasonable accommodations may be madeto enable individuals with disabilities to perform the essentialfunctions.The noise level in the work environment is usually moderate.Employees, who work 7 continuous hours or more, must take a 30 minuteuninterrupted lunch break no later than 5 hours after beginning theirwork dayEducation and QualificationsEssential:High school diploma or equivalentBSA and other Bank related training through BAI is required annuallyDesirable:Some collegeExperienceEssential:Knowledge of customer service principlesRelevant computer skillsDesirable:Two years of related work experienceLicenses and CertificationsEssential:Desirable:This job descr

Created: 2025-12-05

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