Loan Administration Specialist

hace 2 meses


Montevideo, Montevideo, Uruguay World Business Lenders, LLC A tiempo completo

About World Business Lenders

World Business Lenders (WBL) is a U.S.-based company providing short-term real estate collateralized commercial loans to small and medium-sized businesses throughout the United States. This is a remote Contract/Consultant position with a 100% remote workforce.

Job Description:

The Loan Administration Department is responsible for managing the loan portfolio, including customer services, payment processing, and loan amortization schedules. As a Loan Administration Specialist, you will be cross-trained in all three functions - Loan Administration, Portfolio, and Financial Planning and Analysis.

Responsibilities:

  • Understand all processes in loan onboarding, origination, and processing to Loan Administration software
  • Audit all loan records daily
  • Support the development of new auditing techniques for accuracy of all data management flowing through Portfolio
  • Support and fulfill all Loan Administration related tasks
  • Prepare Monthly Deck Reporting, Delinquency Report, Overall Loan Status reports, and Terminal IRR reports
  • Collaborate with Asset Resolution Department and provide all required data
  • Support transition to Loan Administration Software as high priority
  • Conduct periodic review and analysis of underwriting expectations post-funding: categorize exception distribution, rationale, and justifications; issue monthly executive-level exception reports to validate compliance with the underwriting policy and procedure
  • Other projects and duties as assigned

Requirements:

  • Bachelor's Degree in Accounting, Finance, or a related field
  • 2-3 years' experience with mortgage, title policy, and related legal documents preferred
  • Ability to learn quickly
  • Proficient with Microsoft Excel (at least intermediate level)
  • Ability to multitask and complete projects within specified timeframes
  • Ability to work well with others in a team environment
  • Excellent English fluency, both written and verbal

Benefits:

  • Contract/Consultant position
  • 11 US Paid Holidays

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