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Loan Servicing Specialist III

JPMorgan Chase

Loan Servicing Specialist III

JPMorgan Chase

Charlotte, NC, United States, US

·

On-site

·

Full-time

·

5d ago

Join the firm that FORTUNE has named one of the top five “World’s Most Admired Companies” and LinkedIn ranked #1 out of 50 of the best companies in the U.S. for best places to work and grow your career.
As a Loan Servicing Specialist III within JPMorgan Chase, you will play a crucial role in managing an assigned portfolio of loans, ensuring the smooth operation of our lending services. Your work will involve interpreting loan documents, interacting with stakeholders, and overseeing deadlines, all while adhering to established procedures. You will apply your broad knowledge of loan servicing protocols to perform a range of tasks, from routine to moderately challenging. Your ability to manage conflicts, think critically, and maintain personal resiliency will be key in this role. You will also leverage your developing listening and questioning skills to effectively communicate with both internal and external clients, ensuring their needs are met and contributing to the overall success of our team.

Job responsibilities

  • Interpret and analyze loan documents, ensuring accurate understanding and application of terms and conditions in line with established protocols.

  • Manage and monitor assigned loan portfolio, ensuring timely and accurate servicing activities such as funding, re-pricings, and payments.

  • Engage with internal and external stakeholders, providing clear and concise communication to address queries and resolve routine issues.

  • Apply critical thinking to identify potential conflicts of interest within loan servicing tasks, and facilitate discussions to reach mutually beneficial solutions.

  • Contribute to the team's efficiency by organizing and prioritizing tasks, ensuring adherence to deadlines and maintaining quality under tight timelines.

Required qualifications, capabilities, and skills

  • Baseline knowledge or equivalent expertise in loan servicing operations, including understanding of loan documents and related procedures.

  • Demonstrated ability to manage conflicts, with experience in facilitating discussions and creating solutions in a business setting.

  • Proven skills in critical thinking, with the ability to organize, compare, and evaluate various aspects of loan servicing tasks.

  • Experience in stakeholder management, with the ability to establish productive working relationships with internal and external clients.

  • Proficiency in time management and organization, with a track record of efficiently managing multiple tasks and achieving goals effectively.

Preferred qualifications, capabilities, and skills

  • Flexibility and adaptability in adjusting to changing conditions and priorities, maintaining a positive and optimistic outlook during periods of change.

  • Proficiency in utilizing continuous improvement and process automation to optimize lending workflows and enhance operational efficiency.

  • Strong teamwork and motivation, actively contributing to team success by being supportive, helpful, and collaborative for the good of the team.

  • Demonstrated interpersonal relationship skills, with a willingness to learn, receive direction, and ask well-thought-out questions to enhance understanding and performance.

  • Excellent client service focus, dedicated to enhancing client satisfaction and service delivery through effective communication and support.

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About JPMorgan Chase

JPMorgan Chase

JPMorgan Chase is a multinational investment bank and financial services company that provides banking, investment, and asset management services globally. It is one of the largest banks in the United States by assets and market capitalization.

300,000+

Employees

New York City

Headquarters

Reviews

4.2

10 reviews

Work Life Balance

4.2

Compensation

4.3

Culture

4.5

Career

4.4

Management

4.1

75%

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Pros

Good pay and benefits

Work-life balance

Career advancement opportunities

Cons

Heavy workload at times

Career advancement takes time

Pay could be better in some roles

Salary Ranges

47 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst

21 reports

$126,500

total / year

Base

$110,000

Stock

-

Bonus

-

$95,450

$155,250

Interview Experience

4 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Interview Process

1

Application Review

2

HireVue Video Interview

3

Technical/Behavioral Assessment

4

Final Interview Round

5

Offer Decision

Common Questions

Behavioral/STAR

Technical Knowledge

Past Experience

Culture Fit

Case Study