Loan Operations Administrator II

Job description

Job Title: Loan Operations Administrator II Location: Biltmore What you'll do: Note Finance division provides line of credit services to commercial and residential borrowers that consist of private non-bank lenders and institutional debt funds to assist with their financial needs. As a Note Finance Commercial Administrator, you will be responsible for completing duties including but not limited to reviewing consumer and commercial loan documentation, communicate documentation gaps clearly and effectively with customers, as well as assist with customer transactions. You will work closely with Note Finance’s credit and sales partners in updating and communicating customer collateral status reporting. One of your key responsibilities is to collaborate with appropriate parties to assist in the resolution of any issues or obstacles related to ensuring the collateralization of the loans on the revolving line of credit. - Gather the appropriate documentation and collateral due diligence from the Borrower, verify documents and research information to ensure the bank is appropriately secured by the collateral loan documents. - Review loan documentation for a variety of loan product types th...