Loan Administrator at BC Funding Solutions

About the position

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

Desired Skills:

• Prioritization
• Time management
• Verbal communication
• Written communication
• Attention to detail
• Self-motivation
• Analytical skills
• MS Office Suite
• Advanced Excel
• Accounting systems
• Amortized cost
• Fair valuations
• Impairments
• Discounted cash flows
• Creditors reconciliation
• Cashbook reconciliation
• General ledger reconciliation

Desired Work Experience:

• 2 to 5 years

Desired Qualification Level:

• Degree