New

Assistant Mortgage Servicer

ULLICO Inc
$56,000 - $82,000 - Health/Dental/Vision Pension 401K Health Savings Account Life Insurance Paid Time Off
life insurance, paid time off, 401(k)
United States, Maryland, Bethesda
Jul 14, 2026
Ullico, Inc., one of the nation's largest sources for real estate first mortgage financing, is actively recruiting an Assistant Mortgage Servicer to join a group that manages a $4.4 billion portfolio. Ullico's Real Estate Debt Group offers construction and permanent debt financing for commercial real estate. This position is located at our Bethesda, MD office. The successful candidate will: Enter data relative to new loans into computer system. Check entry for accuracy and completeness. Obtain all related source documents from Treasury and other contributing parties. Process daily transactions to the loan system. Research and resolve missing payments. Monitor all payment activity. Obtain daily SOFR rates from Global Benchmark Administrator and the Wall Street Journal and input into the LMS Loan Servicing System. Follow up for second check sign off. Generate Accrual General Ledger Entries for the REIG Department (Delinquent and Pre-Paid loans). Input Deposits (checks and incoming wires) into the on-line Deposit System ensuring the correct cash account is used. Post general Ledger Entries for Separate J, Separate W and General Accounts. Track incming funds to ensure that all funds intended for the Escrow Account are promptly transferred. Utilizing an Excel spreadsheet(s), balance required GL accounts daily to the Company Ledger. Ensure zero balances in cash accounts at month-end. Research and resolve issues related to unbalanced accounts. Ensure that month-end processing is completed accurately and on time. Facilitate loans, obtain information, respond to routine inquires, and resolve long-standing or complex problems by interfacing with outside vendors and representatives. Establish, maintain, and monitor various tickler systems for servicing functions. Obtain information and resolve issues by contacting borrowers and I or third parties. Coordinate and process wires for timely payment to investors and internal balancing of accounts. Request checks to pay third party invoices. Design and distribute scheduled and unique reports and excel spreadsheets. File documents and maintain servicing related binders. Perform other job-related duties that may be occasionally assigned. Minimum Qualifications: Associate's degree in accounting or equivalent training and/or experience. Two years of accounting experience required with a demonstrated knowledge and application of debits, credits, assets, liabilities, income and expense functions. Two years' experience with real estate operations or loan servicing preferred. Demonstrated knowledge of PC in Windows environment with word processing and spreadsheet software required. Must take company excel test at an intermediate level. Familiarity with terminology and I or forms of functional area preferred. Demonstrated written and oral communication skills. For over 95 years, Ullico, the only labor-owned insurance and investment company, has been a proud partner of the labor movement. From insurance products for members, leaders and employers, to investments that have created thousands of union jobs, our customers continue to count on Ullico to protect them. The Ullico Inc. family of companies includes The Union Labor Life Insurance Company; Ullico Casualty Group, Inc.; Ullico Investment Company, Inc.; and Ullico Investment Advisors, Inc. Visit www.ullico.com. We offer a competitive starting salary and an outstanding benefits package including: Health/Dental/Vision Pension 401K Health Savings Account Life Insurance Paid Time Off Ullico is an Equal Opportunity Employer. This organization participates in E-Verify. Salary Range: $56,000 - $82,000 (depending on relevant experience, skills, and credentials). This position is eligible to participate in Ullico Inc.'s ("Ullico") annual incentive compensation program. An incentive award is contingent upon Ullico meeting financial goals set by the Ullico Board of Directors and your individual performance. The elements of the program, including eligibility, the range of potential incentive compensation, and the factors that determine the payment, will be shared with you after you become employed.