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Loan Administration Specialist/Loan Assistant

Woodhaven, NY 11421 US

Posted: 02/19/19 Employment Type: Direct Hire Industry: Loan Admin. Asst., Loan Administrator Job Number: 12583

Load Administration Specialist/ Loan Assistant

Full-time, Direct-hire

Summary: Enters loan data into financial institution computer system with appropriate updating, and assembles and verifies loan documents for accuracy.

Responsibilities:
  •   Receiving, distributing and processing of daily mail correspondence
  • File correspondence and documents in customers file
  • Prepare Payoff letters
  •   Process loan payments
  • Prepared and send out insurance letters
  • Maintain the insurance tracking log and update the mainframe
  • Follow up on insurance policies
  • Setup up new loans (commercial)
  • Payoff Loans
  • Preparing & processing of Prime, Federal, Libor and Treasury Rates daily, weekly & monthly
  • Processing of invoices relating to vendors
  • Preparing Flood Certificates for Commercial loans, invoices for vendors and all participation loans
  • Preparing, reconciling, tracking and updating of monthly Recorded Mortgages Report
  • Preparing, reconciling, tracking and updating of monthly Uniform Commercial Code (UCC) Report
  • Preparing, reconciling and tracking of monthly Outstanding Taxes &; Water Charges Report
  • Preparing, reconciling, tracking and updating of monthly Flood Report and State Identification Report
  • Preparing, tracking and mailing of all correspondences relating to Welcome Letters, Goodbye Letters, Tax &  Water Charges Outstanding Letters
  • Tracking of all Tax & Water Checks payments
  • Prepare, process and shipping of all notes relating to loans sold
  • Preparing the LHFS Metrics Report when Manager not in office
  • Participate/complete special projects given by supervisor

Requirements:
  • High school diploma and some college preferred.
  • One year of experience in a banking or lending environment.
  • Good understanding of financial institution products and services.

Jim Hinckley
VP

Jim Hinckley joins Adams Consulting Group with 32 years in the search and recruitment business, most recently as President and CEO of Hinckley Associates, which he established in 1994, later acquiring Allen Staffing Services. He entered the business in 1981 with The Fisher Organization as Director of the Banking and Finance Group. Prior to entering the recruitment field, he served in senior management positions with Manufacturers Hanover Trust and Fidelity Union Bancorporation. Jim brings years of search and recruitment experience, primarily in banking and financial services with a long and successful career in middle to senior management recruiting for a wide variety of financial institutions spanning from local community banks to the top global financial firms. Additionally, his specialty includes financial, administration and marketing positions in non-financial firms. He is a graduate of Rutgers University with a major in accounting, and minors in finance and economics, and attended graduate school at Fairleigh Dickinson University with a major in marketing. Jim is also active in professional, charitable and civic organizations, and has served in government offices both elective and appointive, and serves as an officer and board member in several organizations.
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