Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview:
- Process all Loan Advances on simplex products ensuring proper authorization and commitment availability.
- Process non-standard Loan Payments on various products.
- Process Loan Demand Statements on simplex products ensuring all principal and interest are included and inclusive of all appropriate fees
- Process Loan Payoffs on simplex products and closing of commitments.
- Prepare Wire Instructions and input into the Wire System and/or Credit Funds to the borrower’s deposit account
- Perform Escrow Analysis as required by state with appropriate refunds and/or loan amortization
- Disburse all escrow payments for tax and insurance
- Perform MERS activities
- May perform SBA reporting and its portfolio management and disbursement to Colson
- Process miscellaneous maintenance transactions
- Perform End-of-Day balancing ensuring all activities are reconciled with the General Ledger
- Respond to internal customer inquiries
- Provide guidance and training to junior Loan Servicing Specialist
- Work on special projects as assigned by Manager related to the Data Accuracy and accurate compliance requirements.
- Perform other duties as assigned
- Bachelor Degree in Finance or Accounting Degree preferred, or equivalent work related experience
- Minimum 3 years of experience in the Loan Servicing Industry
- Loan system experience required including document imaging system
- Proficient in Microsoft Office
- Excellent written and verbal communication skills required
- Good organizational, analytical and problem solving skills
- Ability to handle multiple tasks with excellent attention to detail
- Ability to organize and maintain a high volume work environment
- Ability to adapt quickly to changes and perform in a fast paced environment
- Ability to build effective relationships as needed to effectively address issues and obstacles