Description
Loan Servicing Support Specialist
Application Deadline: 30 May 2025
Department: Loan Teams
Employment Type: Full Time
Location: Branch Operations
Compensation: ₱30,000 - ₱60,000 / month
Description
The Loan Servicing Specialist will manage the subservicing process, wire funds, maintain documents, audit reports, and ensure regulatory compliance.
Key Responsibilities
- Manage the loan boarding process to subservicers, ensuring accuracy and efficiency.
- Wire escrow funds as required and manage fund disbursements.
- Deliver and maintain servicing images and documents.
- Manage, track, and resolve missing documents and conditions.
- Audit and reconcile daily subservicing reports to verify accurate boarding data.
- Conduct weekly operational calls with subservicers to ensure alignment and address issues.
- Regularly audit daily and monthly subservicing reports.
- Generate and provide detailed reports to management for early delinquency audits.
- Monitor alerts on loan payoffs to manage timely responses.
- Conduct comprehensive monthly, quarterly, and annual audits.
- Support the Accounting and Compliance teams during annual audits and custodian audits, as well as state regulatory audits.
Skills, Knowledge, and Expertise
- Proven experience in mortgage lending and loan servicing.
- Strong understanding of loan servicing workflows, including subservicing.
- Excellent analytical and problem-solving skills.
- Ability to manage multiple tasks and meet deadlines.
- Strong communication and coordination skills.
- Knowledge of regulatory standards in loan servicing.
- Experience with Encompass loan origination software.
- Previous work experience with Dovenmuehle Mortgage Inc. (DMI) preferred.
Benefits
- Above market salary
- HMO on Day 1 for principal and two dependents
- Paid leave incentives of 22 days + US holidays
- Government-mandated benefits
- Performance-based Incentives
- Quarterly Company Events
- In-depth training for career growth
- Great Company Culture and HR experience
- 1,000 PHP De Minimis
- Equipment and software provided