Loan Servicing & Administration Specialist (Hybrid)

Massachusetts Institute of Technology; Cambridge (MA); Hybrid; USD 34,000 - 47,000; Full time

Job summary

Massachusetts Institute of Technology is seeking a Loan Administration Specialist to support nationwide real estate and consumer loan portfolios, protect collateral interests, and maintain accurate loan and investor records.

The role administers escrow and insurance requirements, completes post-closing QA, and resolves member servicing needs while meeting regulatory, investor, and MIT FCU deadlines.

Qualifications

• Minimum of three years of banking or credit union operations experience.
• At least two years in loan servicing or lending preferred.
• High school diploma or equivalent; associate/bachelor's preferred.

Responsibilities

• Protect collateral interests and maintain loan/investor records.
• Administer escrow and insurance requirements; post-closing QA.
• Resolve member servicing needs and meet deadlines/regulations.

Skills

Banking operations

Loan servicing

Education

High school diploma or equivalent

Associate or bachelor's degree in business/Finance

Tools

Fiserv DNA core system

Job description

Massachusetts Institute of Technology is seeking a Loan Administration Specialist to support nationwide real estate and consumer loan portfolios, protect collateral interests, and maintain accurate loan and investor records.

The role administers escrow and insurance requirements, completes post-closing QA, and resolves member servicing needs while meeting regulatory, investor, and MIT FCU deadlines.