{"schemaVersion":"jobsearcher.job.v1","id":"6fe9ab9f3687a960c00a2f94","url":"https://jobsearcher.com/jobs/6fe9ab9f3687a960c00a2f94","canonicalUrl":"https://jobsearcher.com/jobs/6fe9ab9f3687a960c00a2f94","title":"Loan Servicing Specialist","description":"Responsibilities include but are not limited to:\nManage the processing of loan payments, paydowns, payoff requests or other processing of loan fees on core banking system.\nReviewing and handling of loan funding requests as needed.\nManaging payments processed and reconciling the general ledger to process payments timely.\nReviewing various reports produced on core banking system.\nHandling any maintenance requests and processing on core banking system.\nRequires understanding of basic to complex loan structures, legal documentation and knowledge of commercial lending products.\nHandle research requests, statement requests or other general inquiries from lending teams.\nRepresents the bank with borrowers, borrower attorneys, title companies and internal lending partners.\nMonitoring/Tracking exception items for processing.\nQualifications Required Skills:\nExperienced in variety of loan servicing activities including all aspects of loan funding, borrowings, paydowns, commitments, etc.\nLoan Administration knowledge, ability to read and interpret a variety of credit agreements.\nStrong knowledge of commercial lending and loan servicing.\nStrong attention to detail, ability to handle multiple tasks simultaneously.\nKnowledge of bank regulatory requirements.\nStrong oral and written communication skills.\nAbility to prioritize daily work assignments while working in a demanding environment.\nBasic loan operational systems experience.\nAbility to trouble-shoot basic loan related functional problems/issues.\nAbility to meet deadlines defined by Bank and regulators.\nRequired Experience High school diploma or GED equivalent. Minimum of 2 year's bank experience with knowledge of commercial loan servicing and commercial documentation.\nPreferred Experience Completion of college level courses in business administration and/or associates degree.\n\n#J-18808-Ljbffr","company":"Socket","rawCompany":"socket","city":"Wayne","state":"NJ","isRemote":false,"isActive":false,"createdAt":"2026-09-23T03:57:43.621Z","occupations":[{"code":"13-2072.00","title":"Loan Officers","slug":"loan-officers"},{"code":"43-4131.00","title":"Loan Interviewers and Clerks","slug":"loan-interviewers-and-clerks"},{"code":"13-2041.00","title":"Credit Analysts","slug":"credit-analysts"}],"industries":[{"code":"522110","title":"Commercial Banking","slug":"commercial-banking"},{"code":"522390","title":"Other Activities Related to Credit Intermediation","slug":"other-activities-related-to-credit-intermediation"},{"code":"522180","title":"Savings Institutions and Other Depository Credit Intermediation","slug":"savings-institutions-and-other-depository-credit-intermediation"}],"jobPosting":{"@context":"https://schema.org","@type":"JobPosting","title":"Loan Servicing Specialist","description":"Responsibilities include but are not limited to:\nManage the processing of loan payments, paydowns, payoff requests or other processing of loan fees on core banking system.\nReviewing and handling of loan funding requests as needed.\nManaging payments processed and reconciling the general ledger to process payments timely.\nReviewing various reports produced on core banking system.\nHandling any maintenance requests and processing on core banking system.\nRequires understanding of basic to complex loan structures, legal documentation and knowledge of commercial lending products.\nHandle research requests, statement requests or other general inquiries from lending teams.\nRepresents the bank with borrowers, borrower attorneys, title companies and internal lending partners.\nMonitoring/Tracking exception items for processing.\nQualifications Required Skills:\nExperienced in variety of loan servicing activities including all aspects of loan funding, borrowings, paydowns, commitments, etc.\nLoan Administration knowledge, ability to read and interpret a variety of credit agreements.\nStrong knowledge of commercial lending and loan servicing.\nStrong attention to detail, ability to handle multiple tasks simultaneously.\nKnowledge of bank regulatory requirements.\nStrong oral and written communication skills.\nAbility to prioritize daily work assignments while working in a demanding environment.\nBasic loan operational systems experience.\nAbility to trouble-shoot basic loan related functional problems/issues.\nAbility to meet deadlines defined by Bank and regulators.\nRequired Experience High school diploma or GED equivalent. Minimum of 2 year's bank experience with knowledge of commercial loan servicing and commercial documentation.\nPreferred Experience Completion of college level courses in business administration and/or associates degree.\n\n#J-18808-Ljbffr","datePosted":"2026-09-23T03:57:43.621Z","dateModified":"2026-09-23T03:57:43.621Z","hiringOrganization":{"@type":"Organization","name":"Socket","sameAs":"https://jobsearcher.com"},"jobLocation":{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Wayne","addressRegion":"NJ","addressCountry":"US"}},"identifier":{"@type":"PropertyValue","name":"JobSearcher","value":"6fe9ab9f3687a960c00a2f94"},"url":"https://jobsearcher.com/jobs/6fe9ab9f3687a960c00a2f94"}}