
Loans Administrator Position Available
3 days ago
Loan Portfolio Specialist
About the Role:This position involves managing and monitoring resolved loans, ensuring all necessary processes are followed.
The successful candidate will be responsible for tracking loan repayments, liaising with law firms and clients, monitoring the sale(s) of real property associated with the loan, and assisting in the closure process of accounts.
Key Responsibilities:- Resolved Loan Monitoring: Monitor and manage resolved loans to ensure compliance with relevant processes.
- Request Copy of Orders/Agreements: Follow up with legal representatives to obtain final Orders or Agreements.
- Interpretation of Orders/Agreements Documents: Review and analyze legal documents to determine repayment obligations and financial implications.
- Follow Up with Law Firms for Updates on Resolved Loans: Maintain regular communication with law firms to track loan resolution progress.
- Issue Final Statement of Account: Prepare and distribute final statements to borrowers and relevant stakeholders.
- Security Registration & Withdrawal: Assist in the registration and withdrawal of mortgages and caveats.
- Account Closure Confirmation Processes: Send closure confirmation emails upon successful loan repayment and resolution.
- At least 3 years of experience in loan administration, finance, legal services, or related fields.
- Strong understanding of financial documents, loan agreements, and legal orders.
- Excellent attention to detail and organizational skills.
- Ability to work proactively and follow up with multiple stakeholders.
- Strong written and verbal communication skills.
- Ability to work independently and collaboratively in a fast-paced environment.
- Empathy and professionalism when dealing with sensitive client matters.
- Salesforce experience is preferred but not required.
This role offers an exciting opportunity to work with a dynamic team and contribute to the success of our organization. As a Loan Portfolio Specialist, you will have the chance to develop your skills and expertise in loan management and administration.
You will also have the opportunity to work closely with law firms and clients, developing strong relationships and building trust. If you are a motivated and organized individual who enjoys working in a fast-paced environment, this could be the perfect role for you.
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