Loan Administrator

in Financial Services
  • New York, NY View on Map
  • Salary: $90,000.00 - $140,000.00
Permanent

Job Detail

  • Experience Level Mid Level
  • Degree Type Bachelor of Science (BS)
  • Employment Full Time
  • Working Type Hybrid
  • Job Reference 0000007640
  • Salary Type Annually
  • Industry Hedge Fund;Private Equity
  • Selling Points

    Top multi bilion dollar PE fund! Support loan administration. Midtown NYC

Job Description

Responsibilities/Job Duties: 

  • Gather, compile, and review supporting information to create loan packets and support the loan closing team 
  • Ensure legal documents are accurate and comply with all requirements 
  • Upload, submit, and distribute documents appropriately 
  • Ensure image files are prepared for presentation in external and internal audits 
  • Update tracking systems to ensure receipt of documents 
  • Consider all potential risks and escalate to management as necessary 
  • View reports assisting closers in obtaining proper closing documentation 
  • Perform loan transaction analysis and resolve any compliance issues 
  • Handle routine administration of loan accounts (including the setup of automatic loan payments, monitoring, and follow-ups) 
  • Stay up to date with bank procedures, compliance training, and Federal and/or State credentials 
  • Perform other duties as assigned 

Qualifications: 

  • A high school diploma or equivalent required 
  • An associate degree in a related field preferred 
  • 2+ years' experience preferred 
  • Ability to work independently and make decisions with minimal supervision 
  • Proficient in identifying and reviewing financial documentation 
  • Strong written and verbal communication skills 
  • Understanding of loan documentation, financial data, and insurance 
  • Proficient in Microsoft Office 
  • Strong attention to detail and ability to multitask 
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