Job Description
Work Location: Mineola, NY
About Us:
Hanover Bank– When you love your work and the people you work with, careers are made!
Embracing diversity, valuing inclusion and showing respect are the foundation upon which we build our team. At Hanover Bank, inclusion means respecting personal beliefs and appreciating that we all have perspectives that matter. We are stronger together as we move toward a shared vision of personal and corporate growth.
Whether you are just starting out or a seasoned professional, working for Hanover Bank can launch you on a path to success. With a passion for excellence, we strive to deliver exceptional service to our clients, foster a positive impact in the communities in which we work and live and help our team members achieve their professional goals.
When you work with us you are empowered, engaged and encouraged to collaborate because every voice matters, every person counts!
Summary:
Hanover Bank is looking for a full-time Loan Servicing Specialist II to join our team. The Loan Servicing Specialist II reports directly to the Loan Servicing Manager Officer. Processes monetary loan transaction requests, daily loan payments & loan payoffs from general ledgers and checks. Supports the loan officers, branch personnel, and loan administration staff professionally to ensure quality customer service. Monitors insurance and taxes, daily loan operational functions, and assists with various servicing tasks when necessary.
Duties and Responsibilities:
Customer Service
Review and respond to customer inquiries.
Run and return payoff letter requests within 24 hours.
Return all inquiry calls within one business day.
Monitor loan servicing emails for customer/employee inquiries.
Customer Intake and Data Entry
Process payments loans from general ledger entries.
Monitor payoff & loan disbursement mailboxes, advancing funds, and processing paydown/payoff transactions.
Process loan-related wires and ACH transfers for payments/disbursements.
Customer service functions as necessary, including service desk tickets and Call Center.
Print and mail escrow surplus checks.
File System Management
Update collateral tracking and ticklers when current information is received.
Ensure efficient and accurate processing of loan payments.
Review / clear non-posted items.
Update and or review daily rate changes.
Administrative Support
Review co-worker’s daily work.
Assist in insurance monitoring records for all loan types.
Work with attorneys for assignment requests.
Maintain and update assigned Procedures.
Loan advances / Construction draws
OTE transactions as requested by other departments
Upload tax/insurance documents to vendors for tracking purposes.
Review all vendor-generated insurance reports for expiring hazard & flood insurance. Contact insurance agents to obtain outstanding expired insurance and invoices.
Process payment of real estate taxes for escrow accounts as they become due and maintain all corresponding escrow addendums on the loan accounting system.
Update loans based on KDE requests.
Additional duties as assigned.
Education and Experience:
Bachelor's degree in business or equivalent business experience
Minimum of 1-2 years in a bank loan department and/or similar experience
Notary designation a plus
Skills and Abilities:
Excellent verbal and written communication skills
Ability to interact with a diverse group of people with tact and professionalism
Excellent organizational skills
Highly motivated
Adaptable
Working knowledge of Microsoft Office Suite (Outlook, Word, Excel, etc.)
Our Benefits:
Health & Wellness Benefits
Medical, Dental, and Vision insurance (with HSA, FSA, and Commuter Benefits options)
Company-paid Life Insurance and Accidental Death & Dismemberment (AD&D)
Company-paid Long-Term Disability Insurance
Voluntary Benefits
Additional Life and AD&D Insurance for employee, spouse, and dependents
Voluntary Short-Term Disability Insurance
Pet Insurance
Legal Services Plan
Accident Insurance
Hospital Indemnity Insurance
Cancer Care Insurance
Retirement
401(k) Plan with Company Match
Time Off & Recognition
Paid Personal Time Off (PTO)
Paid Company Holidays
Annual Performance Bonuses
Annual Salary Increases
Employee Engagement
Company-sponsored Events
Employee Contests and Recognition Programs
Hourly: $26.00 - $31.00; placement within this range will vary based on experience and skill level.
Hanover Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, ****** orientation, gender, national origin, disability or protected veteran status.
About Us:
Hanover Bank– When you love your work and the people you work with, careers are made!
Embracing diversity, valuing inclusion and showing respect are the foundation upon which we build our team. At Hanover Bank, inclusion means respecting personal beliefs and appreciating that we all have perspectives that matter. We are stronger together as we move toward a shared vision of personal and corporate growth.
Whether you are just starting out or a seasoned professional, working for Hanover Bank can launch you on a path to success. With a passion for excellence, we strive to deliver exceptional service to our clients, foster a positive impact in the communities in which we work and live and help our team members achieve their professional goals.
When you work with us you are empowered, engaged and encouraged to collaborate because every voice matters, every person counts!
Summary:
Hanover Bank is looking for a full-time Loan Servicing Specialist II to join our team. The Loan Servicing Specialist II reports directly to the Loan Servicing Manager Officer. Processes monetary loan transaction requests, daily loan payments & loan payoffs from general ledgers and checks. Supports the loan officers, branch personnel, and loan administration staff professionally to ensure quality customer service. Monitors insurance and taxes, daily loan operational functions, and assists with various servicing tasks when necessary.
Duties and Responsibilities:
Customer Service
Review and respond to customer inquiries.
Run and return payoff letter requests within 24 hours.
Return all inquiry calls within one business day.
Monitor loan servicing emails for customer/employee inquiries.
Customer Intake and Data Entry
Process payments loans from general ledger entries.
Monitor payoff & loan disbursement mailboxes, advancing funds, and processing paydown/payoff transactions.
Process loan-related wires and ACH transfers for payments/disbursements.
Customer service functions as necessary, including service desk tickets and Call Center.
Print and mail escrow surplus checks.
File System Management
Update collateral tracking and ticklers when current information is received.
Ensure efficient and accurate processing of loan payments.
Review / clear non-posted items.
Update and or review daily rate changes.
Administrative Support
Review co-worker’s daily work.
Assist in insurance monitoring records for all loan types.
Work with attorneys for assignment requests.
Maintain and update assigned Procedures.
Loan advances / Construction draws
OTE transactions as requested by other departments
Upload tax/insurance documents to vendors for tracking purposes.
Review all vendor-generated insurance reports for expiring hazard & flood insurance. Contact insurance agents to obtain outstanding expired insurance and invoices.
Process payment of real estate taxes for escrow accounts as they become due and maintain all corresponding escrow addendums on the loan accounting system.
Update loans based on KDE requests.
Additional duties as assigned.
Education and Experience:
Bachelor's degree in business or equivalent business experience
Minimum of 1-2 years in a bank loan department and/or similar experience
Notary designation a plus
Skills and Abilities:
Excellent verbal and written communication skills
Ability to interact with a diverse group of people with tact and professionalism
Excellent organizational skills
Highly motivated
Adaptable
Working knowledge of Microsoft Office Suite (Outlook, Word, Excel, etc.)
Our Benefits:
Health & Wellness Benefits
Medical, Dental, and Vision insurance (with HSA, FSA, and Commuter Benefits options)
Company-paid Life Insurance and Accidental Death & Dismemberment (AD&D)
Company-paid Long-Term Disability Insurance
Voluntary Benefits
Additional Life and AD&D Insurance for employee, spouse, and dependents
Voluntary Short-Term Disability Insurance
Pet Insurance
Legal Services Plan
Accident Insurance
Hospital Indemnity Insurance
Cancer Care Insurance
Retirement
401(k) Plan with Company Match
Time Off & Recognition
Paid Personal Time Off (PTO)
Paid Company Holidays
Annual Performance Bonuses
Annual Salary Increases
Employee Engagement
Company-sponsored Events
Employee Contests and Recognition Programs
Hourly: $26.00 - $31.00; placement within this range will vary based on experience and skill level.
Hanover Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, ****** orientation, gender, national origin, disability or protected veteran status.
💡 Quick Summary
Seeking a career-building opportunity? The Loan Servicing Specialist II- post position is now open for candidates interested in the IT Engineer & Developer Jobs sector. This role in New York City 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.
