World Business Lenders (WBL) provides short-term real estate collateralized commercial loans to U.S. small and medium businesses.
WBL is a U.S.-based company with a 100% remote workforce.
This is a remote Contract/Consultant position; working hours 9:00am-6:00pm Eastern Time, Monday through Friday.
Resumes must be submitted in English.
Manage the Loan Administration department.
Ensure accuracy and completeness of loan records, supervise data entry, reconcile payments, manage ACH submissions, migrations/conversions, loan fundings, and payment processing.
Coordinate/respond to requests for loan documentation and coordinate Loan Resolutions with Asset Resolution.
Lead preparation and approval process for loan amendments ensuring compliance.
Perform and oversee daily audits of loan records and maintain data integrity.
Develop/maintain processes to minimize credit and operational risks (insurance and legal documentation).
Analyze workflows and recommend process improvements.
Assist in preparation of investment and management reports; collaborate with IT/software providers to optimize platforms.
Generate reports on loan performance, servicing metrics, and KPIs; keep up to date on collateral values and interest rates.
Requirements
Bachelor’s degree or equivalent in Accounting, Finance, Mathematics, Business Administration, Economics, Data Modeling Sciences or a related field.
CPA Desirable
10+ years of experience in loan servicing, processing, or loan administration, with at least 3 years in a managerial role.
Solid knowledge of the principles of general business, finance, accounting, quantitative analysis and finance.
Strong knowledge of loan products, lending practices, and regulatory requirements.
Experience in consumer, commercial, or mortgage lending is a plus.
Competent in MS Excel and in other MS Office Applications
Excellent leadership, communication, and problem-solving skills.
Ability to manage multiple priorities in a fast-paced environment.
You must have your own laptop or desktop to use (the company does not supply equipment)
Excellent English fluency, both written and verbal