Loan Officer

2 days ago

San Fernando, Central Luzon, Philippines MVP Asia Pacific Inc. Full time $40,000 - $60,000 per year

Loan Settlement Officer

Job Description:

  • Manage all post-approval loan activities through settlement and post-
  • Liaise with banks, lenders, and solicitors to coordinate settlement dates and documentation.
  • Ensure insurance details, disbursement instructions, and settlement documents are accurate and complete.
  • Use Mercury to track and update the status of loans and maintain comprehensive records.
  • Conduct compliance checks to confirm that lender and regulatory requirements are met prior to settlement.
  • Work closely with brokers and internal stakeholders to verify final loan conditions and required documentation.
  • Monitor settlement timelines and follow up with relevant parties to prevent delays.
  • Provide post-settlement support, including confirming loan disbursements and managing updates to client records and trailing commissions.
  • Support the team with various administrative and documentation tasks as needed.

Qualifications:

  • Bachelor's degree in Finance, Accounting, Business, or a related field.
  • Proven experience in loan settlement coordination or a similar post-approval lending operations role.
  • Proficient in using Mercury (loan management software).
  • Familiarity with ApplyOnline (AOL) and LoanApp is a plus.
  • Strong understanding of home loan settlement procedures, documentation, and regulatory requirements.
  • Exceptional communication skills, attention to detail, and organizational skills.
  • Able to work both independently and collaboratively in a team environment.

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