Loan Administration Specialist

Home Bank; Lafayette (LA); On-site; USD 30,000 - 39,000; Full time

Job summary

Home Bank in Lafayette, LA is seeking a Loan Administration Specialist to support the servicing of commercial, mortgage, and consumer loans. The role emphasizes accuracy in loan administration, compliance, documentation, and quality control.

The position requires a bachelor’s degree in business, 2 years of loan administration experience, and strong Excel/Word proficiency, with prior banking experience preferred.

Qualifications

• Bachelor’s degree in business preferred.
• 2 years Loan Administration experience required.
• Five years banking experience preferred.
• Extensive knowledge of loan compliance and documentation.
• Proficient in Microsoft Excel and Word.

Responsibilities

• Process and book new and renewed loans to the bank’s system of record, ensuring accurate accounting of proceeds and bank fees.
• Perform quality control of loan input and maintenance.
• Escrow administration and maintenance of loan records.
• Perfect and maintain the bank’s lien position by filing mortgages, UCCs, DMV titling, re-inscriptions and continuations.
• Review loan documentation for adherence to policy and compliance across commercial, consumer, and mortgage loans.
• Ensure compliance with federal flood insurance requirements and collateral protection of assets.
• Process paid loans by preparing lien release documents.
• Daily audit of core system reporting for SOX and financial reporting compliance.
• Reconcile general ledger accounts related to loan activity.
• Other duties as assigned by Supervisor/Loan Administration Manager

Skills

Communication skills

Attention to detail

Problem solving

Ownership of tasks

Education

Bachelor's degree in business

Tools

Microsoft Excel

Microsoft Word

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Loan Administration Specialist

Active - Regular full-time Hourly Lafayette, LA, US

3 days ago Requisition ID: 2740

PURPOSE OF THE JOB

This position supports the servicing of all commercial, mortgage, and consumer loans by ensuring accuracy in all aspects of loan administration and by maintaining high standards in the support of lending personnel, compliance, documentation and quality control.

MAIN DUTIES OF THE JOB

• Process and book new and renewed loans to bank’s system of record, ensuring accurate accounting of proceeds and bank fees.
• Perform quality control of loan input and maintenance.
• Escrow administration
• Maintain loan records as required.
• Perfect and maintain the bank’s lien position in collateral by filing mortgages, UCC’s, DMV titling, re-inscriptions and continuations.
• Review of loan documentation for adherence to bank loan policy and ensuring lending compliance on commercial, consumer, and mortgage loans.
• Adherence to federal flood insurance requirements and collateral protection of bank’s assets.
• Process paid loans by preparing lien release documents.
• Daily audit of core system reporting for compliance with Sarbanes-Oxley and financial reporting requirements.
• Reconcile general ledger accounts related to loan activity.
• Other duties as assigned by Supervisor/Loan Administration Manager

WHAT WILL YOU NEED TO SUCCEED

• Bachelor’s degree in business preferred
• 2 years Loan Administration experience
• Five years previous banking experience preferred
• Extensive knowledge of loan compliance and documentation
• Must possess strong communication skills both written and verbal
• Acquire, retain, and demonstrate a knowledge of Home Bank loan products, systems, documentation, policies, and compliance
• Proficient in Microsoft Excel and Word
• Must exhibit strong attention to detail, in addition to excellent clerical skills
• Maintain good personal motivation; develop a sense of ownership of job tasks and results.
• Comply with all Bank policies and procedures.
• Exercise good judgment when problem solving both internally and externally.
• Must display a genuine concern for resolving customer concerns.
• Must be available to work assigned shifts (if part time) or between 8:00am and 5:00pm Monday thru Friday, with availability to work additional hours as needed

HOME BANK IS AN EQUAL OPPORTUNITY EMPLOYER

GOOD CREDIT IS A MUST

CREDIT REPORT IS REQUIRED FOR EMPLOYMENT