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Loan Servicing Specialist

Dollar Bank, FSB
United States, Ohio, Canton
300 Tuscarawas Street West (Show on map)
Nov 05, 2026
The Loan Servicing Specialist I is responsible for supporting customers and maintaining loan accounts by processing a variety of loan servicing requests and account updates. This role ensures loan information is accurate, changes are completed in a timely manner, and all activities comply with bank policies and regulatory requirements. The position works closely with customers and internal business partners to address loan-related requests, resolve issues, and provide a high level of service. Successful candidates are detail-oriented, organized, and able to work effectively in a team environment. This position is 100% in person.

Qualifications

High School diploma or GED required; college degree preferred in a business-related field.

Six months' customer service experience with direct customer contact required.

Minimum of 12 months of Mortgage Servicing or Banking experience required.

Knowledge of retail loan documents preferred.

Must be able to manage time efficiently, prioritize tasks, and balance competing and changing priorities in a demanding work environment.

Ability to work independently with minimal supervision in a team setting is required.

Must have excellent telephone, written, and verbal communication skills.

Must have strong propensity for detail, accuracy, and confidentiality.

Must have excellent math (amortizations, rate and payment calculations) and analytical skills.

Must be professional and courteous with internal and external customers.

Intermediate level knowledge of Microsoft Excel and Word.

Principal Activities/Objectives

Receive, process, and respond to all requests for loan modifications, recasts, partial releases, title transfers, assumptions, oil and gas lease requests, and successor in interest process management.

Prepare all required legal documents for execution by appropriate parties and update and maintain system(s) accordingly.

Provide excellent customer service by promptly and courteously answering incoming phone calls, keeping clients informed throughout the process and responding in a timely manner.

Review, maintain and update various reports in an accurate and efficient manner.

Understand and comply with all investor and regulatory requirements as well as the Bank's policies and procedures.

Required to be fully competent in all functions within the Special Loans Department.

Ensure accuracy of adjustable-rate changes for both mortgage and consumer loans and provide required regulatory notifications to borrowers in required timeframes.

Responsible for performing escrow projections and system maintenance for adjustable rate and escrow lines for hardship modifications.

Responsible for processing requests to establish escrow on mortgage and installment loans.

Responsible for processing Skip-a-Payments.

Must be able to work overtime as needed.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing, and monitoring the risk they encounter daily as required by Dollar Bank's risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
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