Loan Administration Specialist

Massachusetts Institute of Technology; Cambridge (MA); Sur place; USD 55 000 - 75 000; Plein temps

Résumé du poste

MIT FCU is seeking a Loan Administration Specialist to support nationwide real estate and consumer loan portfolios. The role focuses on protecting collateral interests, maintaining records, administering escrow/insurance requirements, and ensuring post-closing quality assurance while addressing member servicing needs.

The position requires attention to regulatory guidelines and deadlines, with prior banking operations experience strongly preferred and a path toward deeper involvement in loan

Qualifications

• Three+ years in banking or credit union operations.
• At least two years in loan servicing or related function.
• High school diploma or equivalent required.

Responsabilités

• Protect collateral interests and maintain accurate loan and investor records.
• Administer escrow and insurance requirements.
• Complete post-closing quality assurance with accuracy and timeliness.
• Resolve member servicing needs in accordance with regulatory and MIT FCU requirements.

Connaissances

Banking operations

Loan servicing

Regulatory compliance

Attention to detail

Formation

High school diploma or equivalent

Business/Finance degree (preferred)

Outils

Fiserv DNA core

Description du poste

Posting Description

LOAN ADMINISTRATION SPECIALIST, Credit Union , services nationwide real estate and consumer loan portfolios by protecting collateral interests, maintaining accurate loan and investor records, administering escrow and insurance requirements, completing post-closing quality assurance, and resolving member servicing needs. The Specialist performs these responsibilities accurately and within applicable regulatory, investor, vendor, and MIT FCU requirements and established deadlines.

The full job description is available here: https://www.dropbox.com/scl/fi/244l9268idzji6p6vt253/Loan-Administration-Specialist-FINAL.docx?rlkey=owunzetqkvnf5tazroiln7oel&st=tj4mjq9a&dl=0

Job Requirements

REQUIRED : A minimum of three years of experience in banking or credit union operations, including at least two years of experience in loan servicing, lending, or a closely related function preferred; and High school diploma or equivalent.

PREFERRED : Associate or bachelor’s degree in business, Finance, or related field; or experience with Fiserv DNA core system.

10/5/2026