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First Federal Bank

Loan Officer

Entry-Level JobVerifiedNo experience needed

Career Insights for Loan Administrator / Manager

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Based on Florida 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.

$76,916 / year median in Florida

-8% projected decline

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Job Description

Job Description Help for Job Description. Opens a new window. Job DescriptionJob Description Essential Functions
  • Interviews residential mortgage loan applicants.
  • Requests specified information for loan application.
  • Notifies applicant of loan decision.
  • Corresponds with customers, applicants or creditors to resolve questions regarding application information.
  • Recommends and outlines terms of loan.
  • Informs prospective borrowers of loan commitments.
  • Reviews developing laws and regulations as they apply to installment loan security agreements.
  • Assists collection officer with delinquent account files for the financial institution.
  • Responsible for quality loan growth.
  • Mortgage Originator cannot, directly or indirectly, commit First Federal on any lending decisions.
  • Provides the best service to our customers with innovative and creative solutions. Minimum Qualifications
  • High school diploma or equivalent required.
  • BA/BS degree preferred, but not required.
  • Good understanding and knowledge of financial institution and products and services.
  • Good cross selling, organizational, and communication skills.
  • Able to communicate effectively with builders and realtors.
  • Ability to deal with time constraints and strong attention to detail.
  • Extended hours sitting and performing computer tasks may be required.
Bilingual candidates encouraged to apply.
EQUAL OPPORTUNITY EMPLOYER / VET / DISABILITY E
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