Loan Administration Analyst

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June 8

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World Business Lenders, LLC

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Finance • B2B • Fintech

World Business Lenders, LLC is a direct lender that specializes in providing real-estate secured business loans to small-to-medium-sized businesses. The company focuses on serving under-served businesses that lack access to traditional funding, facilitating access to capital for business expansion and growth. With a strong management team experienced in financial services, World Business Lenders offers working capital solutions to foster the development of successful small businesses.

201 - 500 employees

💸 Finance

🤝 B2B

💳 Fintech

📋 Description

• About World Business Lenders (www.wbl.com) • World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States that lack access to traditional funding. • WBL services its loan portfolio and loan portfolios for third parties, specializing in the management of non-performing loan pools and REO. • WBL is a U.S.-based company with a 100% remote workforce. • This is a remote Contract/Consultant position. • Working hours will be 9:00am-6:00pm Eastern Time, Monday through Friday. • The job requires excellent oral and written command of the English language. Resumes must be submitted in English. • Our rapid growth has created an excellent career opportunity in our Loan Administration Department. • The Loan Administration group is responsible for the management of loan portfolio including customer services, payment processing, calculating loan amortization schedules, amending existing loans, calculating early payoffs, and post-closing collateral and insurance management to name a few. • This is a specialized position that offers an excellent opportunity to learn and develop valuable skills in various positions within the department as you will be cross-trained for all three functions - Loan Administration, Portfolio and FP&A. • Understanding all processes in loan onboarding, origination and processing to Loan Administration software • Auditing of all loan records daily • Support the development of new auditing techniques for accuracy of all data management flowing through Portfolio. • Support and fulfil, all Loan Administration related tasks • Preparation of Delinquency Report, Overall Loan Status reports and Terminal IRR reports • Collaborating with Asset Resolution Department and provide all required data • Support transition to Loan Administration Software as high priority • Conduct periodic review and analysis of underwriting expectations post-funding: categorize exception distribution, rationale and justifications; issue monthly executive-level exception reports to validate compliance with the underwriting policy and procedure. • Other projects and duties as assigned

🎯 Requirements

• Bachelor’s degree or equivalent in Accounting, Finance, Mathematics, Business Administration, Economics, Data Modeling Sciences or a related field. • 3+ years progressive experience in financial analysis/modeling with data analysis in the financial lending or mortgage industry. • Solid knowledge of the principles of general business, accounting, quantitative analysis and finance. • Banking experience and background highly preferred, • Intermediate Excel knowledge • You must have your own laptop or desktop to use (the company does not supply equipment)

🏖️ Benefits

• CONTRACT/CONSULTANCY POSITION • PTO Available • USD salary ($1000 - 1300) • 100% Work from home