Loan Servicing Administrator

Flushing Bank • Uniondale, NY

81d • $60,000 - $70,000

About The Position

The position involves the day-to-day administration and management of the BB commercial loan portfolio. Responsibilities include processing payments, handling borrower inquiries, maintaining accurate loan records, and ensuring compliance with all loan terms. The role requires input and extraction of data from the Miser/PCFS Loan systems, boarding new loans, processing and applying loan payments, performing file maintenance, and preparing satisfaction and lien releases. Additionally, the position involves responding to inquiries regarding SBA loans, monitoring delinquent accounts, and generating activity reports.

Requirements

• 5 years of business experience and a college degree.
• 2+ years of servicing Participation/Agented loans.
• Strong verbal communication and writing skills.
• Problem-solving and analytical abilities.
• Ability to multitask and adhere to deadlines.
• Strong organization skills.
• Strong time management skills.
• Basic computer skills and working knowledge of Word and Excel.
• Extensive knowledge of bank products and commercial and consumer loan requirements.

Responsibilities

• Day-to-day administration and management of the BB commercial loan portfolio.
• Processing payments and handling borrower inquiries.
• Maintaining accurate loan records and ensuring compliance with all loan terms.
• Input and extraction of data from the Miser/PCFS Loan systems.
• Boarding new loans and reviewing boarding/closing documents for accuracy.
• Processing and accurately applying loan payments, advances, and payoffs.
• Performing file maintenance and updating loan system data.
• Modifications and rate changes on syndicated loans.
• Preparing satisfaction and lien releases.
• Responding to SBA Guidehouse regarding inquiries on SBA loans.
• Monitoring and following up on delinquent accounts.
• Generating daily, weekly, and monthly activity reports from the loan systems.
• Ensuring compliance with all regulations, policies, and procedures.
• Performing additional accountabilities as required.

Benefits

• Eligible for overtime if hours worked are over 40 hours.

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees