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New Haven Bank

Loan Administrator

Career Insights for Loan Administrator / Manager

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Based on Connecticut data

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What they do

A Loan Administrator or Manager services a loan once it has been agreed. Sends monthly bills to the loan recipient. May also maintain payment records and monitor compliance with the loan agreement.

$84,401 / year median in Connecticut

-14% projected decline

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Job Description

Loan Administrator New Haven Bank New Haven, CT Job Details Full-time 5 hours ago Benefits Health savings account Health insurance Dental insurance 401(k) Flexible spending account Paid time off Vision insurance 401(k) matching Qualifications Commercial banking expertise Customer communication Microsoft Outlook Spreadsheets Word embeddings Attention to detail Data entry Organizational skills Cross-functional collaboration Cross-functional communication File organization Office record organization Full Job Description Job Overview We are seeking an experienced Commercial Loan Administrator to join our organization in support of our Commercial Lending Team. In this role, you will work cross-functionally assisting the team from initial customer contact through the closing, funding and booking of commercial loan transactions. Candidates must be familiar with commercial loan documentation and lending processes/procedures typical for the industry. Responsibilities Coordinating and ordering appraisal reports for real estate transactions; Retrieving/generating credit, flood certification and environmental reports; disseminating reports to team members and maintaining files and logs of the same; Contacting bank customers to assist underwriting, customer file maintenance and loan review efforts; Coordinating receipt of loan closing documentation with outside law firms wile assisting team with loan closing activities; Preparing new loan data input forms for processing, including post-closing/loan booking review and quality control; Preparing loan committee materials, attending loan committee meetings and completing minutes of committee meetings; Assisting the team with third-party audit/information requests pertaining to lending activities; Performing other duties and special projects in support of lending function as needed. Requirements Excellent organizational skills for managing multiple files while maintaining attention to detail Proficiency in Microsoft Office applications including Word, Excel, and Outlook for internal communication and documentation purposes Effective communication skills for collaborating across teams and providing outstanding customer service in a fast-paced environment Minimum 5 years related experience
Benefits:
401(k) 401(k) matching Dental insurance Flexible spending account Health insurance Health savings account Paid time off Vision insurance
Work Location:
In person