Loan Servicing Specialist II
Company: Peoples Security Bank & Trust Company
Location: Old Forge
Posted on: March 20, 2026
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Job Description:
Description: General Responsibilities: Responsible for
performing a variety of daily loan servicing duties associated with
all commercial, consumer, and real estate loans; coordinating work
within the department, as well as with other departments; reporting
pertinent information to the immediate supervisor; responding to
inquiries or requests for information; assisting the immediate
supervisor with administrative tasks to support department
operations; providing backup for Loan Servicing Supervisor duties.
Essential Duties: Performs a variety of daily loan servicing duties
associated with all commercial, consumer, and real estate loans of
which the following are illustrative: Uploads new loans. Maintains
and upkeeps all loan files (active and inactive). Quotes loan
payoff and processes payments for all loan types. Verifies and
corrects un-posted loan payments on a daily basis. Performs duties
relating to the sale and servicing of loans on the secondary
market. Performs duties relating to participation loans.
Coordinates SBA monthly remittance and reporting. Investigates
customer problems, operational and other issues; resolves in a
timely manner to ensure high quality customer service. Monitors
flood insurance. Performs UCC tracking. Prepares monthly FHLB
Reports. Maintains credit life and disability insurance premiums;
checks and verifies all premium payments for AIG. Ensures recording
of all mortgages and loan documentation with proper public
officials. Maintains various daily reports. Balances all loan
related general ledger accounts. Renew/Entend – LOC from Commercial
Loan Servicing Specialist. Monitors Dealer Track for electronic
titles on new loans and paid off loans. Check daily maintenance to
the system, first and second check. Review new loan cards with loan
note for system accuracy. Process cash items from EIP. Balances
FHLB. Knowledge of Fannie, Freddie on secondary market. Knowledge
of SBA reporting Coordinates specific work tasks with other
personnel within the department as well as with other departments
in order to ensure the smooth and efficient flow of information.
Ancillary Duties: Performs tasks which are supportive in nature to
the essential functions of the job, but which may be altered or
re-designed depending upon individual circumstances. Physical
Requirements: The physical demands described here are
representative of those that must be met by an employee to
successfully perform the essential functions of this position.
Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions. While performing
the essential job functions of this position, the employee is
regularly required to sit, stand, talk, hear, walk, use hands and
fingers, handle or feel objects, and reach with hands and arms. At
times required to stoop, kneel, bend, crouch and lift up to 25
pounds. This position requires regular use of a computer. Peoples
Security Bank and Trust Company is an Equal Opportunity Employer
PM26 Requirements: Basic Qualifications: Education/Training: A high
school diploma or equivalent; specialized banking education and
training preferred. Skill(s): Must demonstrate strong communication
skills; proficient analytical and mathematics skills; proficient
interpersonal relations skills; proficient PC skills; a working
knowledge of bank operating policies and procedures which impact
loan document services; knowledge of lending policies and
procedures. Experience: A minimum of three (3) years’ experience in
related positions normally required.
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Keywords: Peoples Security Bank & Trust Company, Mount Vernon , Loan Servicing Specialist II, Administration, Clerical , Old Forge, New York