Loan Administrator
- Colorado Springs, CO, United States
$20 to $25 USD / hour
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Job details
- Pay
- $20 to $25 USD / hour
- Apply by
- Experience
- At least 2 years of experience in loan administration, loan processing, banking operations, or a related financial services role.
- Posting language
- English
- Posted
Original job description
We are looking for a detail-focused Loan Administrator to join a financial services team in Colorado Springs, Colorado. This contract-to-permanent opportunity is ideal for someone with lending or banking operations experience who enjoys keeping loan and escrow activities organized, accurate, and compliant. In this permanent role, you will partner with internal teams and customers to support day-to-day loan administration while helping ensure transactions move forward smoothly. You will play an important part in maintaining documentation, coordinating escrow-related tasks, and delivering responsive service in a fast-paced environment.
Responsibilities:
- Administer loan and escrow documentation for consumer, commercial, and agricultural accounts, ensuring records are accurate and up to date.
- Examine loan files for completeness, resolve missing information, and coordinate with stakeholders to keep files moving through the process.
- Handle routine servicing activities such as payment processing, payoff requests, account updates, and construction draw support.
- Oversee escrow-related functions, including tax and insurance disbursements, annual analysis work, and ongoing account maintenance.
- Prepare required notices and supporting documents to help meet internal standards and regulatory obligations.
- Reconcile loan accounts, assist with balancing activities, and generate operational reports for lending support.
- Maintain organized electronic and hard-copy files, including post-closing records, collateral documentation, and release tracking.
- Support valuation review activities, quality checks, audits, and examinations while responding to loan-related questions from customers and internal partners.
- High school diploma or equivalent is required.
- At least 2 years of experience in loan administration, loan processing, banking operations, or a related financial services role.
- Working knowledge of loan documentation and general lending procedures.
- Familiarity with escrow processing, including property tax and insurance payment administration.
- Proficiency with Microsoft Office applications such as Excel, Word, and Outlook.
- Experience using loan origination platforms, document imaging tools, or core banking systems is strongly preferred.
- Strong organizational, analytical, and communication skills with the ability to manage sensitive information professionally.
- Notary Public certification is preferred but not required.
More about this job
Skills
- Documentation
- Statistical quality control
- Microsoft Office
- Microsoft Excel
- Microsoft Word
- Microsoft Outlook
- Communication skills
- Notary