Senior Commercial Loan Administrator
Finance Flex, Inc
Virginia Beach, VA US
Posted ago
Finance Flex, Inc

Manage a portfolio of commercial loans of varying types, in senior and subordinate lien positions to ensure they are serviced in accordance with documented terms.


  • Establish and maintain organized commercial loan credit files
  • Review and interpret commercial loan documents to service commercial loans in senior and subordinate positions in accordance with agreed-upon terms
  • Manage servicing flow in all phases of life of loan for seasoned portfolios of varying origin
  • Analyze and interpret data to accurately input terms into a servicing database and ensure efficient servicing of commercial loans
  • Report and actively pursue resolution of past due items and matters of default in accordance with agreed-upon terms
  • Adhere to timelines and deadlines established based on client needs and department workflow
  • Ensure effective written and verbal communication with staff, management and clients
  • Monitor reports and system-generated notices to ensure rate changes and covenant compliance in accordance with documented terms
  • Reconcile loan histories to ensure accurate interest accrual and unpaid principal balance

  • Knowledge of FHA, VA, USDA, conventional, fixed/ adjustable loans, Bridge Loans, Non-Conforming Loans, FNMA and FHLMC, and Home Equity Lines of Credit

  • 5 plus years’ experience in managing/servicing commercial loans
  • Comfortable in a fast-paced atmosphere with varied responsibilities based on priorities of the current situation
  • Must be able to work independently and in a cooperative team environment
  • Must be able to produce at a high level under limited supervision and meet imposed deadlines in a fast-paced, demanding environment
  • Professional communication skills, both verbal and written
  • Strong computer skills with emphasis on Microsoft Excel and Word and the ability to learn new loan servicing systems or other software as implemented
  • Ability to implore critical thinking measures and to think through global consequences
  • Robust problem-solving skills
  • Strong organizational skills
  • Exceptional attention to detail

$29.45 - $34.69 hourly
About Finance Flex, Inc

Finance Flex is a company that brokers services in business enhancement including, but not limited to, a variety of funding programs, trade lines, term loans, 401k loans, equipment, merchant cash advances, and more.

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