*Dominion Financial Services, LLC* is seeking a top-notch Loan Administrator for immediate hire!
Dominion Financial Services, LLC (“DFS”) is a growing and successful Lender located in Baltimore, MD that lends to Real Estate Investors in all states.
Established in 2002, Dominion is an Operating company of DFS and is a leading provider in all Real Estate related services.
Excellent opportunity for a fast-paced learner in one of Baltimore’s dynamic lending companies.
This individual will report to the Director of Loan Operations*.
*
*Our Company's Core Values*
* Integrity
* Accountable & Dependable
* Team Centric
* System & Process Oriented
* Service Ethic
* Organized Efficiency - risk management & compliance
*Responsibilities:*
* Maintain accurate and up-to-date records of all loans, ensuring completeness and compliance with regulatory requirements.
* Calculate and issue loan payoffs in a timely manner upon request from borrowers.
* Generate recurring notices across all product lines including, but not limited to, billing statements, maturity notices etc.
* Prepare Verification of Mortgage (VOM) documents for borrowers as needed.
* Generate and distribute IRS Form 1098 for borrowers to report mortgage interest information annually.
* Assist in the preparation and verification of loan documentation, ensuring accuracy and compliance with company policies and regulations.
* Perform data entry tasks to update loan details, changes, and other relevant information into the company's database.
(Salesforce)
* Provide excellent customer service by addressing interna and external l inquiries related to loan details, payments, and documentation.
* Conduct periodic audits of loan files to ensure data integrity and regulatory compliance.
* Collaborate with other departments such as underwriting, loan origination, and accounting to streamline loan processing and resolve any issues.
* Stay informed about relevant lending regulations and ensure that all loan-related activities comply with federal, state, and company-specific guidelines.
* General payment processing and reconciliation.
* Update monthly status reports to the company’s partners.
* Cross-train with bookkeepers to provide additional help when the workload is high, or someone is out of the office.
* Daily reconciliations
* Documenting of deposits, new loans, paid off loans, AR/AP and loan transfers in QuickBooks and Excel
* Generate required reports for loan purchasers upon sale of loan(s)
*Requirements:*
* High School diploma or GED required.
Two-year degree in business, finance or related field preferred.
* Minimum 5 years of commercial and/or construction loan servicing, loan documentation or related job experience in the financial industry.
* Proficient in MS Office particularly MS Excel and MS Word.
* Must possess excellent analytical and problem-solving skills, be detailed oriented with a commitment to a high level of data integrity and accuracy.
* Knowledge of General Ledger balancing and common banking transactions.
*Benefits:*
* Health insurance
* Dental insurance
* Vision insurance
* 401(k)
* 401(k) matching
* Profit sharing program
* Paid time off
* Employee discount program
*While At Dominion You Will Enjoy*
* Company outings & social events
* Virtual events
* The ability to join various committees to help grow company culture
* Employee discount programs
Job Type: Full-time
Benefits:
* 401(k)
* 401(k) matching
* Dental insurance
* Health insurance
* Paid time off
* Retirement plan
* Vision insurance
Physical setting:
* Office
Schedule:
* 8 hour shift
* Monday to Friday
Work Location: In person
Whatsapp
