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We are looking for a meticulous and detail-oriented Loan Administrator to oversee and manage the daily operations of loan processing and administration. This role is based in Scottsdale, Arizona, and includes responsibilities such as monitoring loan collections, processing transactions, and ensuring compliance with regulatory requirements. This is a great opportunity for someone early in their career, looking to expand their knowledge and join an organization that wants to promote your growth.
Job Responsibility:
Supervise and manage daily loan operations, including loan collections, disbursement requests, and payment processing
Monitor and ensure timely follow-up on past-due accounts while maintaining compliance with regulatory standards
Perform quality control checks on loan-related transactions, such as general ledger entries and account adjustments
Oversee the preparation and completion of loan disbursements and payoff processes
Utilize advanced Excel skills to create and manage spreadsheets, including the use of formulas
Ensure compliance with lending regulations, including Privacy, Regulation B, Regulation Z, and flood regulations
Collaborate with internal teams to identify and resolve discrepancies in loan accounts or transactions
Maintain detailed records and documentation for all loan-related activities
Provide exceptional customer service by responding promptly and professionally to inquiries
Requirements:
Bachelor's degree in business or a related field, or equivalent experience in loan administration and accounting
Strong understanding of accounting principles, particularly as they relate to general ledger transactions
Familiarity with lending regulations, including Privacy, Regulation B, Regulation Z, and flood compliance
Proficiency in Microsoft Excel, including the ability to create and manage spreadsheets with formulas
Excellent written and verbal communication skills, with the ability to convey information clearly and effectively
Outstanding organizational and time management skills to handle multiple tasks efficiently
High level of accuracy and attention to detail in all aspects of work
Ability to work collaboratively in a team environment and adapt to changing priorities