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We are looking for an experienced Loan Administrator to join our team on a contract basis. Based in Woodland Hills, California, this role requires a detail-oriented individual with strong expertise in loan underwriting and administration, as well as familiarity with Community Development Block Grants (CDBG). This position offers the opportunity to play an integral role in ensuring effective loan processes while adhering to compliance standards.
Job Responsibility:
Manage the administration of loan portfolios, ensuring accuracy and compliance with regulatory requirements
Review and evaluate loan applications, conducting underwriting assessments to determine eligibility
Oversee Community Development Block Grant (CDBG) initiatives, ensuring proper execution and reporting
Coordinate loan payoff processes, ensuring timely and accurate completion
Maintain accurate records and documentation related to loan activities
Collaborate with cross-functional teams to streamline loan processes and improve efficiency
Monitor loan performance and identify areas for improvement or risk mitigation
Provide detailed reports and analyses to stakeholders regarding loan operations
Assist in resolving issues or discrepancies related to loan administration
Stay updated on industry trends and changes in loan regulations to ensure best practices
Requirements:
Minimum of 3 years of experience in loan administration or underwriting
Comprehensive knowledge of Community Development Block Grants (CDBG) and related regulations
Strong expertise in loan payoff processes and documentation
Exceptional attention to detail and ability to maintain accurate records
Proficiency in loan-related software and tools
Excellent communication and collaboration skills to work effectively with teams and stakeholders
Analytical skills to assess loan applications and identify potential risks
Ability to adapt to changes and stay informed about industry standards and compliance requirements
What we offer:
medical, vision, dental, life and disability insurance
401(k) or deferred compensation plan (if eligible)
paid time off for vacation, personal needs, and sick time