Loan Administrator
3 weeks ago
About the Role:
At Dominion Financial Services Inc, we are seeking a detail-oriented Loan Administrator to join our growing team. As a Loan Administrator, you will be responsible for maintaining accurate and up-to-date records of all loans, ensuring completeness and compliance with regulatory requirements.
Key Responsibilities:
- Maintain accurate and up-to-date records of all loans
- Calculate and issue loan payoffs
- Generate recurring notices
- Prepare Verification of Mortgage (VOM) documents
- Generate and distribute IRS Form 1098
- Assist in the preparation and verification of loan documentation
- Perform data entry tasks
- Provide excellent customer service
- Conduct periodic audits
- Collaborate with other departments
- Stay informed about relevant lending regulations
- General payment processing and reconciliation
- Update monthly status reports
- Cross-train with bookkeepers
- Daily reconciliations
- Documenting of deposits, new loans, paid off loans, AR/AP and loan transfers
- Generate required reports
Requirements:
- High School diploma or GED required
- Minimum 5 years of commercial and/or construction loan servicing, loan documentation or related job experience
- Proficient in MS Office
- Excellent analytical and problem-solving skills
- Knowledge of General Ledger balancing
About Us:
At Dominion Financial Services Inc, we thrive in the current competitive environment and show aggressive quarterly growth. Our current origination volume is $70MM per month. We are committed to providing excellent customer service and ensuring data integrity and accuracy in all our loan-related activities.
Benefits:
- Health insurance
- Dental insurance
- Vision insurance
- 401(k) matching
- Profit sharing program
- Paid time off
- Employee discount program
While at Dominion, you will enjoy:
- Company outings and social events
- Virtual events
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