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Sr. Associate Loan Administration

Job in Plano, Collin County, Texas, 75086, USA

Listing for: BurnsSearch, Inc.

Full Time position
Listed on 2026-03-03

Job specializations:

Finance & Banking
Loan Servicing, Banking Operations

The Senior Associate, Loan Administration, is responsible for ensuring compliance with investor guidelines, servicing agreements, loan documents, and service level agreements. Working in a team of 10-12 servicing professionals, the Senior Associate assists the Director, Loan Administration, in optimizing the use of technology, defining and implementing best practices, and consistently achieving Key Performance Indicators.

Review loan and closing documents to establish new loans on the servicing system.
Initiate monthly billing and generate welcome letters.
Process incoming payments, reconcile discrepancies between amounts due and amounts received, review clearing accounts, and process daily wires.
Update the servicing system with changes to loan structure, such as assumptions, modifications, or changes to borrowers and collateral.
Monitor Rate Cap Agreements, letters of credit, UCCs, reserves, and escrows.
Research and resolve lender and borrower inquiries and issues.
Ensure strict compliance with company policies and procedures. Continuously seek to improve existing processes.
Meet all training requirements promptly.
Contribute to the development and ongoing adherence to Key Performance Indicators.
Lead and participate in servicing projects as needed.

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