Loan Servicing & Administration Pro

MIT-Federal-Credit-Unio; Lexington (MA); On-site; USD 60,000 - 80,000; Full time

Job summary

MIT FCU is seeking a Loan Administration Specialist to support nationwide real estate and consumer loan portfolios, protecting collateral interests, maintaining accurate records, and administering escrow and insurance requirements. The role requires 3+ years in banking or credit union operations, with at least 2 years in loan servicing and familiarity with regulatory and investor requirements.

A high school diploma is required; an associate or bachelor’s degree in business or finance is

Qualifications

• 3+ years of experience in banking or credit union operations.
• At least 2 years of experience in loan servicing or related function preferred.
• Experience with Fiserv DNA core system preferred.
• High school diploma or equivalent required; associate or bachelor’s degree preferred.

Responsibilities

• Service nationwide real estate and consumer loan portfolios.
• Protect collateral interests and maintain accurate loan and investor records.
• Administer escrow and insurance requirements.
• Complete post-closing quality assurance processes.
• Resolve member servicing needs in a timely manner.

Skills

Loan servicing

Banking operations

Regulatory compliance

Education

High school diploma

Associate or Bachelor’s degree in Business/Finance

Tools

Fiserv DNA core system

Job description

MIT FCU is seeking a Loan Administration Specialist to support nationwide real estate and consumer loan portfolios, protecting collateral interests, maintaining accurate records, and administering escrow and insurance requirements. The role requires 3+ years in banking or credit union operations, with at least 2 years in loan servicing and familiarity with regulatory and investor requirements.

A high school diploma is required; an associate or bachelor’s degree in business or finance is