Loan Servicing Specialist I

East West Bank

El Monte, CAFull time
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Pay
$20 to $24
an hour
Location
El Monte, CA
Job type
Full time
Posted
Oct 4
13 days ago
Career path

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About the company

East West Bank

Banking · 1,001 to 5,000 employees

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

East West Bank on LinkedIn

What you'll do

  • Process loan advances, payments, payoffs, escrow activities, wire instructions, and maintenance transactions.
  • Reconcile and balance activities, respond to internal inquiries, and provide guidance and training to junior specialists.

What you need

  • Bachelor Degree in Finance or Accounting Degree preferred, or equivalent work related experience
  • Minimum 1-2 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
  • Education: a bachelor's degree

Key skills

Loan system experiencedocument imaging systemMicrosoft Officewritten and verbal communicationorganizationalanalyticalproblem solvingattention to detail

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Loan Servicing Specialist I Location US-CA-El Monte Job ID 2026-13137 Category Other Position Type Full-Time Introduction Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further. Overview The Loan Servicing Specialist is responsible for a variety of activities to support Loan Servicing with a focus on financial activities. The responsibilities for this role include but are not limited to; Loan Advances, Payment processing on more complex products, Escrow analysis and its disbursement, invoice processing and its G/L reconciliation. Responsibilities also include reconciliation to General Ledger and end of day balancing. Responsibilities 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 Qualifications Bachelor Degree in Finance or Accounting Degree preferred, or equivalent work related experience Minimum 1-2 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 Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time. Compensation The base pay range for this position is USD $20.00/Hr. - USD $24.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location. Options Apply for this job online Apply Share Email this job to a friend Refer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law. Application FAQs Software Powered by ICIMS www.icims.com

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