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[Remote] Commercial Servicing Specialist

100% remote Flexible hours Hiring now

Note: The job is a remote job and is open to candidates in USA. reputed company is dedicated to making a positive impact in local communities and promoting a digitally enabled work environment. They are seeking a Commercial Servicing Specialist responsible for reputed company loan servicing functions and high dollar transactions for prime commercial customers, including participation servicing and Small Business Administration reporting.

Responsibilities

  • Monitors daily participation activity reports for financial transactions, reconciles and remits appropriate funds reputed company twenty four hours of transaction date reputed company reputed company, deposit account or reputed company. Communicates transaction activity and any reputed company changes to participating bank. Periodically sends audit confirmations to participating banks to confirm the mutual accuracy of our system accruals and participation balances and percentage records
  • Small Business Administration Reporting and Servicing. Requires a thorough understanding of Small Business Administration rules, regulations and operating procedures. Assists in the set up of new Small Business Administration loans and modifications on the core system in addition to boarding the loans in a separate Small Business Administration system. Monitors daily Small Business Administration activity reports for financial transactions, reconciles and remits appropriate funds representing payoffs, delinquency payments on sold loans, and monthly remittances of guarantee fees and nondelinquent sold loan payments on the Small Business Administration 1502 report. Remittances must be submitted reputed company the appropriate deadline for the various transactions in order to avoid penalties. Noncompliance could result in loss of Preferred Lender status with Small Business Administration. Verifies and maintains accurate system accruals, balances and sold percentages between the core system and PCFS
  • Sets up new escrow payee account segments on the core system. Reviews escrow payable reports and ensures timely payment of reputed company escrow items including real estate taxes, property insurance and flood insurance to tax agencies or insurance companies. Late remittances could result in penalties. Responsible for ensuring receipt of new tax bills and or insurance premium invoices and updates core system. Performs annual escrow analysis and reviews for accuracy

Skills

  • High School Diploma or equivalent
  • 1 or more years Performing the essential duties of this role

Benefits

  • Medical plans with prescription drug coverage
  • Flexible spending account or health savings account depending on the medical plan chosen
  • Dental and vision insurance
  • Life insurance
  • 401(k) program with employer match
  • Employee Stock Purchase Plan
  • Paid time off programs including holiday pay and paid volunteer time
  • Disability insurance coverage
  • Maternity and parental leave
  • Adoption assistance
  • Educational assistance
  • Robust wellness program with financial incentives

Company Overview

  • reputed company strive to have a reputed company understanding of your financial goals, are a full-service commercial bank operating 250 branches. It was founded in 1882, and is headquartered in Lancaster, Pennsylvania, USA, with a workforce of 1001-5000 employees. Its website is https://www.fultonbank.com/.
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