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Procom

Loan Processing Specialist

Pay: Not specified
Posted: 3 weeks ago
Location: Chicago, IL (Hybrid)
Last Updated: 2 weeks ago
Hours: Part-Time
Expires: 10/20/2026
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Job Description

Loan Processing Specialist:
On behalf of our Technology client, Procom is searching for a Loan Processing Specialist for a 4-month role. This position is a hybrid position with 2 days onsite at our client's Chicago office. Loan Processing Specialist
  • Job Description:
    The Loan Processing Specialist will focus on business-as-usual loan operations, specifically processing subsequent loan advances and payments. The role involves working through a servicing queue to handle requests, fund advance requests, and debit accounts for payments, all within a collaborative team environment. Loan Processing Specialist
  • Responsibilities:
  • Post and process complex items and investigate requests to resolve processing errors
  • Prioritize workload within defined parameters and procedures
  • Post customer loan payments, loan advances, and process wires and transfers
  • Verify documents and provide prompt service to internal and external clients
  • Solve basic to moderately complex administrative issues
  • Ensure productivity standards are achieved and Service Level Agreements are met or exceeded
  • Disburse funds and service loans after closing
  • Process payments, advances, perform system maintenance, and process payoffs
  • Review reports and investigate unapplied/rejected funds
  • Prepare cashiers checks for loan advances
  • Monitor incoming wire mailboxes and resolve open reconciliation items Loan Processing Specialist
  • Mandatory Skills:
  • 2+ years of loan servicing experience
  • Experience in banking and banking regulations
  • High school diploma or equivalent Loan Processing Specialist
  • Nice-to-Have Skills:
  • Working knowledge of IBS (Metavante), ACBS loan system, PCFS, or comparable loan applications
  • Experience processing wire transfers Loan Processing Specialist
  • Assignment Length:
    This is a 4-month contract position with potential for extension or conversion to full-time employment. Loan Processing Specialist
  • Start Date:
    ASAP Loan Processing Specialist
•
Assignment Location:
Chicago, Illinois, United States. This is a hybrid position requiring 2 days in the office per week.