Sr. Loan Administration Specialist

job
  • TEKsystems
Job Summary
Location
Chicago ,IL 60290
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
02 Dec 2024
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Job Description

*Description:*
- Managing Requests: You handle different loss mitigation requests coming from various sources.
- Meeting Deadlines: You make sure everything is processed on time and follows regulations.
- Reviewing Submissions: You check if the information submitted is complete and accurate.
- Analyzing Information: You look at the borrower's and loan's financial details to decide if they meet the necessary requirements.
- Escalating Issues: If needed, you escalate the request to the relevant investor.
- Communicating Decisions: You inform the servicers about the decision on the request in a timely manner.
*Additional Skills & Qualifications:*
ADHOC report management
Customer service piece
Bachelor's Degree Preferred
Loss Mitigation Experience Required
Substantial Microsoft Office products (notably Outlook, Teams, Word, Excel, and Access) knowledge. Extensive knowledge of Microsoft Access
Substantial knowledge of the delinquency life cycle start to finish including: early stage, late stage and post conveyance
Substantial understanding of Investor requirements around Loss Mitigation alternatives used to assist homeowners such as: modifications, forbearance plans, deferrals and repayment plans
*Experience Level:*
Intermediate Level
About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.