Loan Administrator
- Remote, United States
$42.75 to $49.5 USD / hour
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Job details
- Pay
- $42.75 to $49.5 USD / hour
- Apply by
- Posting language
- English
- Posted
Original job description
We are looking for an experienced Loan Administrator to join an investment management organization in Minneapolis, Minnesota on a Contract basis. This position supports loan servicing operations with a concentration on reporting, file accuracy, and review of newly boarded loans to help maintain reliable portfolio data. The ideal candidate brings direct small business loan servicing experience and can work closely with internal partners to uphold compliance standards and operational quality.
Responsibilities:
- Prepare and submit required small business loan reports through designated reporting portals in a timely and accurate manner.
- Examine newly boarded loans to confirm that account details, terms, and supporting data align across servicing platforms and documentation.
- Perform quality reviews on loan records to identify discrepancies, correct inaccuracies, and strengthen data integrity within the portfolio.
- Partner with servicing team members to support day-to-day administrative activities related to active small business loans.
- Verify loan setup information during onboarding and transfer activities to help ensure smooth operational handoffs.
- Maintain organized records and documentation to support compliance expectations and internal servicing controls.
- Use Excel and other servicing tools to track reporting activity, reconcile information, and monitor exceptions requiring follow-up.
- Assist with payoff-related administrative tasks and loan agreement review as needed within servicing workflows.
- Prior hands-on experience servicing small business loans is required.
- Background in loan administration within a servicing environment is essential.
- Familiarity with regulatory or investor reporting processes, including portal-based submissions, is strongly preferred.
- Experience reviewing boarded loans and validating data across multiple systems is required.
- Strong quality assurance skills with a consistent focus on accuracy and detail.
- Working knowledge of loan documentation, including loan agreements and payoff-related processes.
- Proficiency with Microsoft Excel for tracking, reconciliation, and reporting support.