Looking for a role where your work truly matters? As a Loan Servicing Specialist I at Heritage Financial Credit Union, you’ll be a key part of the team behind the scenes, ensuring our members’ loans are managed accurately, efficiently, and with the exceptional service they deserve.

This is an opportunity to put your problem-solving skills, attention to detail, and financial knowledge to work while gaining valuable experience across consumer, mortgage, and commercial lending. You’ll collaborate with talented teams, take on meaningful challenges, and have a voice in improving processes and creating a better experience for our members.

If you’re organized, curious, and take pride in getting the details right, we’d love to meet you.

POSITION PURPOSE

This position is accountable for performing a variety of loan servicing duties associated with the servicing of consumer and residential loans; collaborating with other lines of business across Heritage Financial Credit Union ((HFCU) to ensure all Real Estate and Consumer loan accounts are transacted and managed with the critical and creative thought process that ensures delivery of timely and high impact service, internally and externally. The Loan Servicing Specialist I will actively participate in the mentoring, training and development of themselves and team in alignment with the HFCU vision, mission and core values and will perform all responsibilities in accordance with federal/state regulations and HFCU policies and procedure.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

• Perform post-closing documentation and core system reviews and maintain exception tracking  for consumer, residential real estate, and commercial loans.  
• Perform quality control (QC) reviews for consumer, residential real estate, and commercial  loans to ensure documentation, system information, and loan servicing requirements are  accurate and complete.  
• Perform general Loan Servicing duties received through eRequests, including, Skip-A-Pay setup,  sub-actions, payoff letters, payment reversals, payment postings, ODLOC & UNLOC closeout  requests, loan research & recalculations, late fee refunds, and other servicing-related requests.  
• Process and monitor iBanking transactions and requests related to loan servicing.  
• Perform daily, weekly, monthly, and other periodic file submissions and reporting to vendors,  investors, regulatory agencies, and internal departments.  
• Perform and maintain FNMA reporting, reconciliations, and related processes in accordance  with investor requirements and established procedures.  
• Monitor vehicle titling and lien perfection activities and follow up as necessary to ensure liens  are properly perfected and maintained.  
• Process auto lien releases, discharge filings, and other documentation necessary to release the  Credit Union's lien or security interest.  
• Prepare and process Mortgage Satisfactions and related documentation.  
• Perform electronic recording (e-recording) of mortgage satisfactions, monitor documents  submitted to counties, follow up on outstanding items, and maintain appropriate tracking logs.  
• Process loan payoffs, including payoff requests, payoff calculations, and related transactions.  
• Process mortgage recasts and ensure all related system updates and documentation are  completed accurately.  
• Process escrow transactions, including taxes, private mortgage insurance (PMI), and  homeowners’ insurance (HOI) payments.
• Review and prepare annual escrow analysis.  
• Process total loss claims and insurance proceeds and perform necessary follow-up to ensure  claims are properly resolved. 
• Process GAP claims and perform follow-up with applicable vendors, members, insurance  providers, and internal departments as necessary.  
• Process Life, Disabilty & Unemployment claims.  
• Monitor Federal Reserve Bank (FRB) pledged collateral reports and perform required  monitoring, tracking, documentation, and reporting in accordance with established procedures.  
• Monthly SCRA monitoring.  
• Process Commercial participation payments.  
• Distribute, process, and send all Loan Servicing department mail and correspondence.  
• Process end-of-day checks and complete related balancing and servicing activities.  
• Assist with Audits and system related projects.  
• Assist with the review and preparation of annual 1098 reporting.  
• Vault Organization & Filing.  
• Consistently review and recommend changes to improve workflow, efficiency, accuracy,  quality, and internal controls within the Loan Servicing Department and other departments of  HFCU.  
• Provide rotating coverage for late-night operations on Fridays.  
• Perform other duties and responsibilities as assigned.  

EDUCATION/CERTIFICATION:

High School Diploma or similar work experience.  

KNOWLEDGE:

This position requires that the employee gain a working knowledge of  Bank Secrecy Act (BSA) requirements and how they will affect their  work. The employee will comply with all requirements of the BSA and  cooperate with the designated BSA Officer in assuring compliance. 

EXPERIENCE:

Microsoft Office product suite.
 

SKILLS/ABILITIES:

• Ability to project a professional appearance and positive attitude at all times. 
• Strong verbal and written communication skills. 
• Attention to detail and multi-tasking skills. 

What's in it for you?

Salary: $20.80 - $25.99 per hour (depending on experience)

Benefits:

- Paid Time Off & Paid Federal Holidays

- Medical, Dental, Vision & Life Insurance

- Employee Assistance Program

- Flexible Spending Accounts (FSA)/Health Savings Accounts (HSA)

- Supplement Benefits: Critical Illness Care, Identity Theft Protection, Pet Insurance, Legal Services

- BenefitsPlus+ perks program (travel, entertainment, gift cards and so much more)

- CareNet - benefits concierge service

- 401(k) with 5% Employer Match

- Educational Assistance

- Paid Time to Volunteer

- HFCU Logo-wear (that our employees wear with pride!)

Equal Opportunity Statement

Employment at our Credit Union is based upon merit, ability, and qualifications. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected status.