Loan Processor - Servicing

Location US-OR-Hillsboro
Posted Date 3 weeks ago(2/1/2018 9:15 AM)
# Positions
1
Status
Full-Time
Req #
16994

Overview

StanCorp Mortgage Investors originates and services small commercial real estate loans. With more than 100 years of mortgage lending experience, we have developed expertise in high-quality commercial mortgage loans of between $500,000 and $5 million.

 

We offer a dynamic work environment fueled by a great team, competitive compensation and benefits, and the opportunity to grow your career with a rapidly growing market leader.

 

The Loan Processor-Servicing is responsible for processing commercial real estate loan data into required computer systems and performs accurate and timely loan boarding, payment processing, account and system reconciliations. The Processor is responsible for preparing and processing deposits, journals, payment requisitions related to escrows and wires and supports activities to contribute to the efficient and effective operations of the loan servicing department.

Responsibilities

Process commercial real estate loan data into required computer systems. Borrower, property, loan and escrow data is entered into systems and verified for accuracy. Perform accurate and timely processing and balancing of mortgage loan servicing transactions including; regular monthly payments, partial and full payoffs, prepayment charges, adjustments, late charges, service fees, and related transactions. Maintain organized records of daily processing and account reconciliations.

 

Reconcile and balance cash in selected bank accounts against daily processing, identify outages, transfer funds appropriately between bank accounts, and prepare timely reports for management. Work with Corporate Financial Services and Financial Analysts to research and resolve banking and General Ledger account outages related to Loan Servicing transactions.

 

Perform various loan servicing functions including ordering of tax contracts, payment of property taxes, and review and processing of insurance renewals. Support the Loan Servicing Specialists and Mortgage Escrow Analyst and Servicer in the areas of escrow analysis, collections, delinquent taxes, and new loans.

 

Prepare journal entries, deposits and check requisitions to support timely processing into the general ledger and by the bank. Ensure compliance with internal controls over processes. Perform varied administrative and clerical duties including, but not limited to, creating correspondence, scanning, photocopying, filing, distributing mail and faxes, preparing and sending mail, faxes and packages for delivery and maintain office equipment.

 

Participate in assigned projects to support the investor development, servicing and investment operations departments.

Qualifications

Education: Associate’s Degree in Real Estate, Finance, Business or related field.

Experience: Two or more years of relevant work experience, in a dynamic office environment with an emphasis in accounting or systems reconciliation, or the equivalent combination of education and/or relevant experience.

Professional Certification Required: None.

 

Physical Demands: Lift loan files weighing up to 30 pounds

 

 

 

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

 

For more information regarding your Equal Employment Opportunity applicant rights, click here.

 

Individuals with disabilities who need assistance or accommodation with the application process should contact HR Direct at 971-321-7871. This number is only for the use of individuals with disabilities who need accommodation with the application process. General inquiries about application status will not be addressed.

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