Full-Time

Residential Loan Servicing Coordinator

Confirmed live in the last 24 hours

Associated Bank

Associated Bank

1,001-5,000 employees

Fintech
Financial Services

Mid

Plover, WI, USA

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • Associate's Degree or equivalent combination of education and experience. **Required**
  • 2-4 years Quality Assurance Default related functions, Loan Servicing, Vendor Management, etc. **Required**
Responsibilities
  • Provide job-specific quality assurance to Default Services & Loan Servicing as well as Third Party Relationships, in order to ensure processes and procedures conducted internally (business line/colleague) or externally (vendor) comply with Department, Bank, Investor requirements and state and federal regulations.
  • Conduct periodic performance management reviews for each business line and/or vendor to ensure internal and external requirements and expectations are being met, review and discuss results monthly, follow-up on action plans, ensure results are tracked in scorecards, accountability reporting and shared/escalated with management, as appropriate.
  • Monitor and score calls and loss mitigation files for applicable areas to ensure that policy and procedures are being followed and meet all investor, regulatory, state and federal guidelines.
  • Act as a liaison between the Bank and the Vendor; ensure artifacts are current, process vendor invoicing, assist in trouble shooting, maintain inventory levels and track expenses, as applicable.
  • Monitor and evaluate calls for quality assurance and compliance through established quality assurance programs. Track and analyze results for agent and vendor performance scorecards. Develop and maintain data base of individual tests and all results. Proactively communicate any customer issues or trends to the Quality Assurance Manager/Supervisor.
  • Thoroughly evaluate and audit by analyzing individual judgment details, timelines, fees assessed, financial statements title policies, FPI, PMI and payoffs according to policy. Convey feedback to the Quality Assurance Manager/Supervisor.
  • Ensure that overall decisions made are the best option for the customer and the Bank and the customer, limits current loss and future non-accrual and charge off for Associated Bank. Research complaint referrals, follow up to obtain accurate details, respond and provide detail to Customer Care, Legal and appropriate management.
  • Assist in reviewing processes for efficiencies by possessing basic knowledge in banking documents and procedures used in default services or Loan servicing. Assist in reviewing, creating and revising procedures as necessary.
  • Act as a liaison between third party vendor management, department and vendor, assist in the gathering of artifacts, coordinating productions, billing statements, research/troubleshooting, invoicing, maintain appropriate levels of inventory and track vendor expenses.
  • Maintain proficiency on core computer systems, department data base, Investor reporting systems and Government reporting systems including documentation updates, reviewing new enhancements and recommending implementation of system problem solving.
  • Be an advocate for the customer by understanding and taking in to account the value of the customer’s entire relationship with us.

Company Stage

IPO

Total Funding

N/A

Headquarters

Green Bay, Wisconsin

Founded

N/A

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $1.21 million investment by Algert Global LLC indicates confidence in Associated Bank's growth potential.
  • Promotions within the company, such as Charity Olson to Director of Trust Services, suggest opportunities for career advancement and internal growth.
  • Associated Bank's participation in major investor events reflects its proactive engagement with the financial community and potential for strategic partnerships.

What critics are saying

  • The retirement of key personnel like Tammy C. Stadler could lead to transitional challenges and affect operational continuity.
  • The competitive banking landscape in the Midwest may pressure Associated Bank to continuously innovate to maintain its market position.

What makes Associated Bank unique

  • Associated Bank's launch of a new deposit vertical highlights its commitment to innovation and expanding its financial product offerings.
  • Recognition as one of the Best of Madison 2024 winners underscores its strong regional presence and customer satisfaction.
  • The bank's strategic focus on specialty deposit and payment solutions positions it uniquely in the market compared to traditional banking services.

Help us improve and share your feedback! Did you find this helpful?