Senior PCB Loan Servicer
Job Location:
Pinellas County, FL - USA
Monthly Salary:
Posted on:
Vacancies:
Job Summary
Job Description Summary
Under limited supervision uses specialized knowledge and skills obtained through education and experience to perform an array loan servicing activities for Private Client Residential Mortgages Home Equity Lines of Credit and Securities Based Lines of Credit. Works closely the department supervisor and management to ensure established processing timeframes are met and the department remains fully compliant with all rules/regulations instituted by the firm and various regulatory bodies. Interaction with High Net Worth clients requiring a high degree of specialized handling with an attentiveness to client needs is required. Detailed instructions procedures and guidelines are provided to perform a variety of tasks that require evaluation originality or ingenuity to make decisions. Recommends solutions to problems with varying level of complexity to management. Serves as a point of escalation for issues unable to be resolved by Loan Servicers. Extensive contact with both internal and external customers is required to obtain clarify and provide facts and information or identify research and resolve problems while providing a world-class client experience.Job Description
Essential Duties and Responsibilities
Maintains loans in the servicing system according to established procedures.
Processes amendments and modifications to retail loan accounts.
Handles escalations via phone email or the contact management systemthrough toresolution.
Executes loan servicing responsibilities related to retail loan maintenance and monitoring.
Mitigate regulatory credit operational and reputational risk to the firm by following established policies and procedures
Performs daily quality assurance reviews of Loan Servicer journal check and advance batches
Establishes parallel monitoring processes and controls to ensure regulatory requirements are met.
Performs system audits of loan information.
Prepare and send mortgage satisfactions to the counties for recording and mail PIF documents to client
Decision client records against known sanction and enforcement lists for compliance with OFAC Patriot Act and AML directives
Ensure compliance with FDPA regulation by activelymonitoringfor adequate flood insurance coverage
Institute the force placement of hazard and/or flood insurance as needed to mitigate risk from potential loss events
Prepare and review standard legal documents such as subordinations and modifications for accuracy.
Assistswith loan collections activity including review of various delinquency reports and correspondence with clients and Financial Advisors proactively tosolicitpast due payments before adverse action occurs
Assistscustomers with inquiriesissuesor servicing requests.
Reviews assigned loan general ledger accounts toidentifyand resolve unusual or irregular transactions.
Assiststo trainothers.
Performs other duties and responsibilities as assigned.
Knowledge of
Fundamental accounting conceptspracticesand procedures.
Multi-state retail loan servicing practices.
Skill in
Reviewing and interpreting commercial and retail loan terms and documentation.
Identifying unusual transaction activity interest accrualdiscrepanciesand regulatory discrepancies.
Preparing spreadsheets and creating formulas.
Reconciling bank and general ledger accounts.
Operating standard office equipment and using required software applications to produce correspondence electroniccommunicationandmaintainspreadsheets and databases.
Ability to
Identifyand recommend changes to standard procedures when required by specific situations and circumstances.
Identifyand recommend solutions to routine loan accounting and loan servicing issues.
Make routine decisions.
Communicate effectively both orally and in writing with all organizational levels.
Organizemanageand track multiple detailed tasks and assignments withfrequentlychanging priorities in a fast-paced and deadline-driven work environment.
Make outbound and receive inbound calls on a recorded Automatic Call Distribution (ACD) telephone line.
Providea high levelof customer service.
Education
Work Experience
Certifications
Travel
Less than 25%Workstyle
HybridThe total compensation for this position includes base salary or wages and may include components such as additional compensation (cash or equity) discretionary bonuses or commissions. This position is eligible for a benefits package that may include medical dental and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation holidays and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered visit .
At Raymond James our associates use five guiding behaviors (Develop Collaborate Decide Deliver Improve) to deliver on the firms core values of client-first integrity independence and a conservative long-term view.
We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm
At Raymond James as part of our people-first culture we honor value and respect the uniqueness experiences and backgrounds of all of our Associates. When associates bring their best authentic selves our organization clients and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
Required Experience:
Senior IC
About Company
A full-service financial firm where progress is driven by connection, delivering extensive wealth management, banking and capital markets capabilities to help clients, institutions and communities reach their goals.
