Loan Administration Specialist
MIT•Lexington, MA
About The Position
The Loan Administration Specialist at Credit Union services nationwide real estate and consumer loan portfolios by protecting collateral interests, maintaining accurate loan and investor records, administering escrow and insurance requirements, completing post-closing quality assurance, and resolving member servicing needs. The Specialist performs these responsibilities accurately and within applicable regulatory, investor, vendor, and MIT FCU requirements and established deadlines.
Requirements
- A minimum of three years of experience in banking or credit union operations
- At least two years of experience in loan servicing, lending, or a closely related function
- High school diploma or equivalent
Nice To Haves
- Associate or bachelor’s degree in business, Finance, or related field
- Experience with Fiserv DNA core system
Responsibilities
- Protecting collateral interests
- Maintaining accurate loan and investor records
- Administering escrow and insurance requirements
- Completing post-closing quality assurance
- Resolving member servicing needs
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
