Loan Servicer

💰 ₹50,400 - ₹80,640 (Est.) 📍 Jaipur

Job Description

Job Title: Loan Servicer

Industry: Real Estate

Employment Type: Full-Time

Work Hours: Eastern Standard Time (5.30 p.m. to 2.30 a.m. IST)

Position Overview

We are looking for a detail-oriented and customer-focused Loan Servicer to manage a portfolio of commercial loans. This role involves handling loan servicing operations, ensuring timely payments, maintaining accurate records, and delivering excellent support to borrowers.

The ideal candidate should have strong analytical skills, a solid understanding of loan servicing processes, and the ability to manage multiple priorities in a fast-paced environment.

Key Responsibilities
• Manage and service a portfolio of commercial loans
• Process loan payments, including posting transactions and reconciling accounts
• Maintain accurate loan records, including borrower details, payment history, and loan status updates
• Track property & liability insurance expiration dates; send reminders and follow up with borrowers
• Monitor property tax and utility due dates ; process payments from escrow accounts
• Manage and track escrow accounts effectively
• Identify and monitor delinquencies ; proactively follow up with borrowers to resolve payment issues
• Respond to borrower inquiries related to loan details, payment history, escrow, and modifications
• Review and analyze loan documents (promissory notes, mortgage agreements, deeds of trust) for accuracy and compliance
• Coordinate with internal teams (origination, underwriting, collections) to resolve servicing issues
• Support audits and compliance reviews, ensuring adherence to company policies and regulatory requirements
• Generate loan statements, payoff quotes, and borrower communications
• Assist with process improvements and other loan servicing initiatives

Qualifications
• Bachelor’s degree in Finance, Business Administration, or a related field (preferred)
• 2–5 years of experience in loan servicing, mortgage servicing, or related roles
• Strong understanding of loan servicing processes , including payment processing, escrow management, and delinquency handling
• Excellent analytical skills and high attention to detail
• Proficiency in loan servicing software and Microsoft Office (Excel, Word, Outlook)
• Strong communication and interpersonal skills
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment
• Knowledge of loan servicing regulations and compliance requirements
• High level of professionalism, integrity, and reliability

Additional Requirements
• Willingness to work in night shifts (EST time zone)
• Strong customer service mindset with the ability to build positive relationships
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💡 Quick Summary

Seeking a career-building opportunity? The Loan Servicer position is now open for candidates interested in the IT Engineer & Developer Jobs sector. This role in Jaipur offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in IT Engineer & Developer Jobs is a plus.

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Job Details

Company Name: Linkedin

Frequently Asked Questions

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The expected salary for Loan Servicer in Jaipur is ₹50,400 - ₹80,640 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Loan Servicer is an on-site position based in Jaipur. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Loan Servicer. Previous experience in IT Engineer & Developer Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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