New

Retail Loan Payment Processor

TEKsystems
$17.00 - $20.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, North Carolina, Raleigh
Jun 25, 2025
Description Join a high-performing team focused on the accurate and timely processing of consumer loan payments and payoffs. This role supports the back-end servicing of retail loans, ensuring compliance with internal procedures and regulatory standards. You'll work behind the scenes-no customer interaction-handling lockbox research, foreclosure payment validation, and fee reconciliation. Key Responsibilities: Process incoming loan payments and payoff checks from various sources (lockboxes, FedEx, branches). Research and verify payment details, including V numbers, payoff documents, and account years. Ensure foreclosure payments are only processed on open accounts. Review and reconcile bank fees to prevent customer overcharges. Apply interest rates accurately based on loan terms. Follow internal procedures for column and house checks. Use servicing systems (MSP Host, LPS, MLS, Image Central) to maintain accurate records and process transactions. Collaborate with team members to resolve discrepancies and support daily operations. Additional Skills & Qualifications 1-3 years of experience in loan servicing, banking operations, or financial services preferred. Familiarity with mainframe-based systems (MSP Host) and document imaging tools. Strong organizational and problem-solving skills. Ability to work independently and manage multiple priorities. Basic understanding of financial principles, especially interest rate application. Desire to grow within a knowledge-sharing team environment. Experience Level Entry Level Pay and Benefits The pay range for this position is $17.00 - $20.00/hr. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a fully onsite position in Raleigh,NC. Application Deadline This position is anticipated to close on Jun 27, 2025. h4>About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law. About TEKsystems and TEKsystems Global Services We're a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We're a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We're strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We're building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com. The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.