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Lending Administrator Jobs (NOW HIRING)

The Commercial Lending Administrator is responsible for preparation, review and finalization of commercial loan documents from approval through closing and funding. This role ensures all loan ...

The Commercial Lending Administrator is responsible for preparation, review and finalization of commercial loan documents from approval through closing and funding. This role ensures all loan ...

Reporting to the Dealer Lending Admin Manager, the person in this role will support the Dealer Lending Department. What you'll be doing * Coaching and holding team members accountable for their ...

Lending Admin

San Diego, CA ยท On-site

$23/hr

We currently have a Lending Admin opportunity with an established credit union that offers a supportive work environment, competitive benefits, career growth opportunities, and a strong commitment to ...

Consumer Lending System Administrator I Tower is offering a $1000 Signing/Retaining bonus as of 1/20/2025. Note: All full-time positions include exceptionally low medical premiums in addition to a ...

Consumer Lending System Administrator I

Laurel, MD ยท On-site

$41.29 - $51.61/hr

The Lending System Administrator is responsible for supporting Tower Federal Credit Union's (TFCU) Consumer Lending loan origination system, with multiple real-time integration points, and numerous ...

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Lending Administrator information

What is the difference between Lending Administrator vs Loan Processor?

AspectLending AdministratorLoan Processor
CredentialsTypically requires a high school diploma or equivalent; some roles prefer banking or finance certificationsUsually requires a high school diploma; certifications like Mortgage Loan Originator (MLO) may be beneficial
Work EnvironmentBanking or financial institutions, office settingMortgage companies, banks, or lending firms, office setting
Job FocusOversees loan documentation, manages administrative tasks, ensures complianceReviews loan applications, verifies documents, prepares files for approval

While both roles support the lending process, a Lending Administrator manages administrative tasks and compliance, whereas a Loan Processor focuses on reviewing and preparing loan applications for approval. Both positions are essential in the loan lifecycle and often work closely within financial institutions.

What are the primary challenges a Lending Administrator faces in managing loan documentation and compliance?

Lending Administrators often encounter challenges in ensuring that all loan documentation is accurate, complete, and compliant with regulatory standards. This involves closely tracking deadlines, verifying information from various sources, and coordinating with loan officers, underwriters, and clients. Additionally, frequent changes in lending regulations require staying up to date and adapting processes quickly. Effective communication and strong organizational skills are essential to handle these tasks efficiently and minimize errors.

What is a Lending Administrator?

A Lending Administrator is a financial professional responsible for managing and processing loan applications, maintaining loan documentation, and ensuring compliance with lending regulations. They work closely with loan officers, underwriters, and clients to facilitate the smooth administration of loans from application to closing. Their duties often include reviewing financial documents, preparing reports, and responding to client inquiries. Lending Administrators play a key role in ensuring loans are processed efficiently and accurately within a financial institution.

What are the key skills and qualifications needed to thrive as a Lending Administrator, and why are they important?

To thrive as a Lending Administrator, you need strong knowledge of loan processing, documentation, and compliance, often supported by experience in banking or finance and a relevant degree. Familiarity with loan management systems, financial software, and industry regulations such as anti-money laundering is typically required. Attention to detail, organizational skills, and effective communication help ensure accuracy and smooth interactions with clients and team members. These skills and qualities are crucial for maintaining regulatory compliance, minimizing errors, and delivering a positive client experience in lending operations.
More about Lending Administrator jobs
Infographic showing various Lending Administrator job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 89% Full Time, 7% Part Time, 2% Temporary, and 1% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution.
Commercial Lending Administrator

Commercial Lending Administrator

Northern Bank

Woburn, MA โ€ข On-site

$30 - $39/hr

Full-time

Posted 3 days ago


Job description

SUMMARY/OBJECTIVE:
At Northern Bank, assisting small business owners grow their company is our passion. Our commercial lending team is focused on delivering exceptional service throughout the life cycle of a loan. From inception, through underwriting, to the loan closing process, we are committed to operational excellence, superior customer service, and continuing to help business owners succeed and grow.
The Commercial Lending Administrator is responsible for preparation, review and finalization of commercial loan documents from approval through closing and funding. This role ensures all loan documentation is accurate, complete, and compliant with internal policies, regulatory requirements, and approved credit terms. The Commercial Lending Administrator works closely with loan officers, credit teams, and legal counsel to facilitate efficient loan closings.
ESSENTIAL FUNCTIONS:
  • Prepare and review loan documentation, including promissory notes, loan agreements, security agreements, and other required closing documents
  • Verify loan approval terms and conditions to ensure accuracy and compliance with credit approvals and underwriting requirements
  • Collaborate with internal and external departments such as loan officers, credit and legal to resolve documentation, conditions or collateral issues prior to closing to ensure closing readiness
  • Review and approve insurance certificates for proper coverage prior to closing
  • Coordinate loan funding and disbursement with utilization of settlement statements and legal invoices
  • Preparation of Modification Documents on existing loans
  • Maintain and manage closing checklists to track completion of required documents, approvals and conditions
  • Monitor pipeline reports to ensure transactions are completed within required deadlines
  • Perform additional ad hoc duties as requested
JOB QUALIFICATIONS:
  • Bachelor's degree in Finance, Business Administration, Accounting or a related field or a minimum of 2-5 years' experience in Commercial Lending Operations and/or Paralegal is preferred
  • Thorough understanding of commercial documentation, credit memos and closing process
  • Experience with commercial real estate, construction loans, or complex lending transactions is preferred
  • Excellent attention to detail and document review skills
  • Strong problem-solving and analytical skills
  • Ability to stay well organized and prioritize workflow in a multi-tasking environment
  • Ability to work independently as well as in collaboration with a team
  • Experience with nCino/Salesforce is desirable
  • Proficient computer skills, including the ability to work efficiently with loan processing systems
  • Advanced proficiency in Microsoft Office products, including Microsoft Word, Excel, and Outlook
The hourly rate range for the Commercial Lending Administrator is $30.00 to $39.00 per hour
About Northern Bank & Trust Company
Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit www.NBTC.com or follow Northern Bank on Facebook (/NorthernBankM A/), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company/northern-bank-ma/).