Loan Operations Manager

Great Boston Start-up!
Boston, MA

Position Summary

Managing funding team who is responsible for reviewing and approving the documentation of loans for financing.  Works closely with underwriters. 

Responsibilities & Duties

  • Review customer loan applications for compliance, policies, and requirements to decide to reject or approve customer loan.
  • Ensure the accuracy of the system of record by ensuring that the data is entered is consistent and follows policy and procedure
  • Manage relationships between vendors 
  • Manage issues related to pre-purchase collateral exceptions
  • Manage post purchase research and adjustments 
  • Ensure the accurate assignment of servicing loan numbers and related servicing data
  • Oversee vendor onboarding process including due diligence and compliance.
  • Manage the delivery of all reporting both external and internal
  • Manage daily service level expectations of the funding team
  • Teamwork – Interactions with all functions within the company, ability to negotiate in the best interest of stakeholders’ overall position

Required Education, Experience, & Skills

  • BA in finance or accounting
  • 1+ years of management/leadership experience
  • Extensive experience with loan origination documentation
  • Industry compliance knowledge
  • Analytical and reporting skills
  • Process Improvement and documentation skills
  • Technologically savvy, with the ability to work in varied systems, Proficiency with Excel, loan origination systems, automated underwriting engines, electronic document management and other systems
  • High attention to detail and effective problem-solving skills
  • Excellent client service skills
  • Excellent oral and written communication skills
  • Analytical thinking ability, diplomacy, and professionalism

Interested in this job?

Contact us below to learn more.