Small Business Loans for Big Business Growth.
Loan Administration Analyst
Location
United States
Posted
6 days ago
Salary
Not specified
Job Description
Role Description
Thanks to our rapid growth, we're excited to offer a fantastic career opportunity within our Loan Administration Department! This dynamic team is at the heart of managing our loan portfolio, taking care of everything from customer service and payment processing to calculating loan amortization schedules, amending current loans, determining early payoffs, and overseeing post-closing collateral and insurance management, among many other critical tasks. This specialized role is an incredible chance to expand your knowledge and hone valuable skills, as you'll receive comprehensive cross-training across all three functions: Loan Administration, Portfolio, and FP&A.
- Gain a comprehensive understanding of the entire loan onboarding, origination, and processing lifecycle as it relates to our Loan Administration software.
- Perform daily audits on all loan records to ensure accuracy and compliance.
- Contribute to the creation of innovative auditing techniques that enhance the integrity of data management flowing through our Portfolio.
- Assist with and execute all tasks related to Loan Administration.
- Prepare Delinquency Reports, Overall Loan Status reports, and Terminal IRR reports with attention to detail.
- Collaborate closely with the Asset Resolution Department to provide all necessary data efficiently.
- Prioritize and support the transition to our Loan Administration Software.
- Conduct regular reviews and analyses of underwriting expectations post-funding: categorize exception distributions, provide rationale, and issue monthly executive-level exception reports to ensure adherence to underwriting policies and procedures.
- Engage in additional projects and responsibilities as assigned.
Qualifications
- A Bachelor’s degree or its equivalent in fields such as Accounting, Finance, Mathematics, Business Administration, Economics, Data Modeling Sciences, or similar disciplines.
- At least 3 years of growing experience in financial analysis and modeling, particularly leveraging data analysis in the financial lending or mortgage sector.
- Strong understanding of general business principles, along with a solid grasp of accounting, quantitative analysis, and finance.
- Experience in banking is highly desirable.
- Ownership of a laptop or desktop is necessary, as the company does not provide equipment.
Requirements
- Proficiency in advanced Excel functions, including VLOOKUP, XLOOKUP, IF/AND/OR, and other data analysis formulas.
- Hands-on experience using Power BI.
- Skilled in creating dynamic dashboards in Excel.
Benefits
- This is a full-time opportunity.
- Enjoy paid time off!
- USD salary ranging from $1,000 to $1,300.
- Work from the comfort of your home, 100% remote.
Job Requirements
- A Bachelor’s degree or its equivalent in fields such as Accounting, Finance, Mathematics, Business Administration, Economics, Data Modeling Sciences, or similar disciplines.
- At least 3 years of growing experience in financial analysis and modeling, particularly leveraging data analysis in the financial lending or mortgage sector.
- Strong understanding of general business principles, along with a solid grasp of accounting, quantitative analysis, and finance.
- Experience in banking is highly desirable.
- Ownership of a laptop or desktop is necessary, as the company does not provide equipment.
- Proficiency in advanced Excel functions, including VLOOKUP, XLOOKUP, IF/AND/OR, and other data analysis formulas.
- Hands-on experience using Power BI.
- Skilled in creating dynamic dashboards in Excel.
Benefits
- This is a full-time opportunity.
- Enjoy paid time off!
- USD salary ranging from $1,000 to $1,300.
- Work from the comfort of your home, 100% remote.
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