Loan Origination Administrator
Roles and responsibilities
Loan origination
- Create and maintain application folders on the server
- Save and organize documents in the correct format
- Perform feasibility assessments (Deeds Office search, loan-to-value calculations)
- Review pre-approval documents as per the checklist
- Draft and save proposals on the server
- Perform funding costing model calculations
- Assess debtors' age analysis and determine the facility for levy funding
- Send proposals and pre-approval checklists to sales representatives
- Follow credit committee protocol (loan application reviews, amortization/repayment schedules, credit matrix, affordability assessments)
Loan management
- Create and update loan statements and monthly summary reports
- Capture daily bank transactions and update debit order reports
- Maintain monitoring, collections, and non-performing loan reports
- Assist sales representatives and managing agents with queries
- Support the legal team in amending loan statements as required
Portal management
- Create community schemes for levy funding loans
- Upload valuation documents to Google Drive
- Update loan asset spreadsheets quarterly
- Upload loan statements and ensure completeness of documentation
- Source missing documents where required
General
- File all documentation
- Ensure documents saved on the server follow the correct format
- Update repayment and amortization schedules
- Maintain mailing lists
- Create payment instructions
- Assist with ad-hoc requests and queries
Skills
- Prioritization and time management
- Excellent verbal and written communication
- Exceptional attention to detail
- Self-motivated and analytical
- Proficient in MS Office Suite (advanced Excel an advantage)
- Knowledge of accounting systems/programs (desirable)
Education
- BCom or BCompt Finance, or equivalent qualification in finance
Experience
- Minimum 3 years working within a banking or financial environment
- Experience with amortized cost, fair valuations, impairments, and discounted cash flows
- Experience with creditors, cashbook, and general ledger reconciliations