What are the responsibilities and job description for the Loan Administrator position at Robert Half?
We are looking for a skilled Loan Administrator to join our team in Baton Rouge, Louisiana. In this short-term contract to permanent role, you will manage various aspects of loan operations, including compliance, payment processing, and documentation. This position offers an excellent opportunity to contribute to a dynamic financial services environment while ensuring the highest standards of accuracy and efficiency.Responsibilities:• Oversee the collection and processing of tickler and exception items to ensure compliance and minimize risk.• Review loan payments, advances, account maintenance, and rate changes daily, escalating issues to management as needed.• Collaborate with Loan Closers to secure approvals and resolve exception items according to procedural guidelines.• Maintain organized and audit-ready documentation for tickler and exception items.• Update tracking systems with required dates and information for tickler items upon receipt.• Verify insurance policies tied to loans meet organizational standards for coverage and deductibles.• Issue force-placed insurance letters for expired policies and track communications with borrowers.• Process loan payments, advances, and reconciliations for direct and participated loans.• Calculate loan payoff amounts and verify balances with each payment received.• Manage wire transfers in compliance with company policies and maintain accurate logs for daily transactions.
Salary : $22 - $24