Loan Servicing Specialist I

Howard Bancorp, Inc. Baltimore , MD 21203

Posted 2 weeks ago

Loan Servicing Specialist I

Howard Bank places a focus on empowering our Employees to have the resources and tools they need to be successful. We foster a diverse and inclusive work environment that embraces individual's differences, when you join our team, you are an integral part in our goal to building legacies for our Customers, our Community and our Employees! Your abilities will be recognized as we are committed to hiring and developing top talent.

Howard Bank is seeking a Loan Servicing Specialist I for our Corporate Headquarters in Canton! Our Loan Servicing Specialist I is responsible for the following:

  • Performing loan servicing duties to include payment processing, payment reversals, loan disbursement, loan research and data updates

  • Processing participated loan transactions and settling with other Banks on a monthly basis

  • Reconciling transactions and clears outstanding wires promptly

  • Assisting with daily loan servicing functions of resolving issues either by direct telephone contact with borrowers, branch and customer support center personnel

  • Daily ledger account bank reconciliations

  • Processing loan payoffs

  • Performing various file maintenance

  • Monitoring e-Oscar and responding to credit disputes

Our Loan Servicing Specialist I will meet the following qualifications:

  • High School Diploma or equivalent, Associates Degree in Business, Finance, Accounting or relevant discipline preferred

  • Minimum of 3 years' experience in an account or banking operation; experience dealing with payments, transactions, and balancing

  • PC and Microsoft Office proficient with the ability to master proprietary banking systems

  • Knowledge of CFPB and other federal and state regulatory agencies

  • Ability to analyze and interpret data

  • Must be detail oriented with a commitment to a high level of data integrity and accuracy

  • Ability to multitask and effectively manage time

  • Ability to problem solve and the ability to exercise good judgement



It is the goal of Howard Bank to be inclusive and supportive of individual needs. If you have a disability that makes it difficult to express interest in one of our opportunities through our online application process or otherwise, please contact us at 443.573.3068, and a member of our Human Resources team would be happy to provide assistance. The Maryland Relay Service could also be contacted at 1-800-735-2258.


At Howard Bank, we value our diverse workforce. We actively seek to attract a variety of individuals with varying backgrounds and different perspectives. We have established a network of business and educational contacts in an effort to attract the most highly qualified individuals regardless of race, color, national origin, religion, gender, age, disability, veteran status, gender identity or expression, or sexual orientation. Our commitment to diversity fosters our growth and enables us to remain an employer of choice. As an Equal Opportunity Employer, Howard Bank complies with all relevant governmental regulations and affirmative action responsibilities. In order to assist us with record keeping, reporting, and other legal requirements, we offer you the opportunity to complete the following self-identification questions in the next sections. Submission of this information is completely voluntary and will not affect your opportunity for employment, or terms or conditions of employment if you are hired.

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Loan Servicing Specialist I

Howard Bancorp, Inc.