Loan Financial Assistant
This job profile is not included in a recognized pathway.
Description
Provide support to the Loan & Accounting Departments including coordinating and attending loan closings, servicing of the loan portfolio, performing fiscal duties that are associated with the Loan Program, and accounts receivable management.
Tasks
- Maintain paper and electronic loan client files in an organized and confidential manner.
- Monitor compliance with loan covenants, including employment, insurance, and financial updates.
- Manage UCC filings and mortgages; initiate continuations, terminations, and mortgage satisfactions.
- Maintain and update the loan client portfolio management system accurately.
- Coordinate loan closings: prepare documents, schedule, disburse funds, and attend closings.
- Assist in collecting delinquent loan accounts via written and phone communications.
- Prepare and submit funding source reports quarterly, semi-annually, or annually; generate data as needed.
Qualifications / Education
Education – High School diploma or Associate Degree in accounting, business, or public administration, preferred.
Experience – 1-3 years of related administrative experience.
Experience – 1-3 years of related administrative experience.
