Valley Bank

Loan Servicing Specialist - Consumer Lending

Valley Bank  •  Wayne, NJ (Onsite)  •  2 hours ago
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Job Description

Responsibilities include but are not limited to:
  • Setup and maintain ACH payments.
  • Process installment loan payoffs.
  • Process returned checks on loan payments.
  • Process monetary adjustments to loan records.
  • Maintain general ledger reconciliations for various cost centers.
  • Verify signatures on advance checks for home equity and cash value credit lines.
  • Disburse monthly statements and earnings to car dealerships for the purchase of indirect auto loans.
  • Monitor and research daily reports for BSA compliance.
  • Review various Miser reports for accuracy.
  • Prepare monthly reports for senior management.
  • Assist with special projects when required.
Qualifications
Required Skills:
  • Good communication skills both verbal and written.
  • Good phone skills needed for customer contact.
  • Basic PC skills including general understanding of databases and Microsoft Word/Excel.
  • Excellent mathematical skills. Ability to work with complex figures.
  • Strong attention to detail.
  • Ability to review loan documentation for completeness and accuracy.
  • Ability to handle multiple tasks simultaneously.
Required Experience:
  • High School Diploma or GED and a minimum of three years' related bookkeeping experience.
  • Associate's Degree or 3+ years of accounting/bookkeeping experience preferred.
Valley Bank

About Valley Bank

At Valley, we aren’t just your average financial institution; we're your trusted partner in building a brighter future. With a widespread presence across the U.S., we've been serving communities since 1927.

For over 95 years, our team of dedicated professionals has been committed to creating better banking opportunities for our customers and fostering growth and prosperity in the communities we serve. From personalized financial solutions to comprehensive banking services, home mortgages, commercial lending, and wealth management, we're here to help you achieve your financial goals, no matter how big or small.

We understand that each individual and business has unique challenges and opportunities, and we're here to listen, understand, and provide tailored solutions to help you succeed.

©2025 Valley National Bank. Member FDIC. Equal Opportunity Employer. Equal Housing Lender. All Rights Reserved.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Morristown, New Jersey
Year Founded
1927
Website
valley.com
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