World Business Lenders, LLC (WBL) is seeking a Loan Administration Analyst for a remote contract position. In this role, you will manage the loan portfolio through daily operations, payment processing, and detailed data analysis within the Loan Administration Department. You'll receive comprehensive cross-training across Loan Administration, Portfolio, and FP&A functions.
What You'll Do
- Gain a comprehensive understanding of the entire loan lifecycle within the Loan Administration software.
- Perform daily audits on all loan records to ensure accuracy and compliance.
- Contribute to creating innovative auditing techniques to enhance data integrity.
- Assist with and execute all tasks related to Loan Administration.
- Prepare detailed reports including Delinquency, Overall Loan Status, and Terminal IRR reports.
- Collaborate closely with the Asset Resolution Department to provide necessary data efficiently.
- Support the transition to the Loan Administration Software.
- Conduct regular reviews and analyses of underwriting expectations post-funding, categorizing exceptions and issuing monthly executive-level reports.
- Engage in additional projects as assigned.
What We're Looking For
- A Bachelor’s degree or equivalent in Accounting, Finance, Mathematics, Business Administration, Economics, Data Modeling Sciences, or a similar field.
- At least 3 years of growing experience in financial analysis and modeling within the financial lending or mortgage sector.
- Strong understanding of general business principles, accounting, quantitative analysis, and finance.
- Proficiency in advanced Excel functions, including VLOOKUP, XLOOKUP, IF/AND/OR, and other data analysis formulas.
- Hands-on experience using Power BI.
- Skilled in creating dynamic dashboards in Excel.
- Ownership of a laptop or desktop is required.
- Excellent oral and written communication skills in English.
- Availability to work from 9:00 AM to 6:00 PM Eastern Time, Monday through Friday.
Nice to Have
- Experience in banking is highly desirable.
Technical Stack
- Excel (Advanced functions)
- Power BI
Team & Environment
You will be part of the Loan Administration Department, collaborating closely with the Asset Resolution Department.
Benefits & Compensation
- This is a full-time contract opportunity.
- Paid time off.
- Compensation: USD $1,000 to $1,300.
Work Mode
This is a 100% remote position open to candidates located within the United States.
World Business Lenders, LLC provides equal employment opportunities.
