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Loan Administration Manager

Massachusetts Institute of Technology

Cambridge, MA · HybridFull-time$79–106K/yrSeen 4 days agoSeen in employer's feed 3 days ago

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At a glance

Compensation
$79–106K/yr
Location
Cambridge, MAHybrid
Schedule
Full-time
Work Authorization
Not specified

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Job overview

The Loan Administration Manager provides operational leadership and strategic direction for MIT Credit Union’s Loan Administration department. The role oversees loan servicing operations, controls, data integrity, and member service across multiple loan products, while leading a team and maintaining compliant policies and quality-assurance programs. It also administers investor servicing requirements and supports secondary-market activities, audits, system governance, vendor oversight, business continuity, reporting, and process improvement.

Skills & qualifications

RequiredNice to have

Skills

Loan AdministrationLoan ServicingInvestor ServicingSecondary-Market OperationsAudit SupportFiserv DNAFiserv SMBOperational ControlsQuality AssurancePerformance MetricsManagement ReportingVendor ManagementBusiness Continuity PlanningAudit ResponsesSystem TestingChange ImplementationProcess ImprovementWorkflow AutomationDigital ServicingServicing Transformation

Qualifications

Bachelor's in Business, Finance, or Related Field or Equivalent5+ Years Loan Administration Experience2+ Years Supervisory ExperienceMBA or CMBIndustry Certification

Full job description

Loan Administration Manager

  • Job Number: 26131

  • Functional Area: Credit Union

  • Department: Credit Union

  • School Area: Credit Union

  • Pay Range Minimum: $79,050

  • Pay Range Maximum: $106,420

  • Employment Type: Full-time (Hybrid)

  • Employment Category: Exempt

  • Visa Sponsorship Available: No

  • Schedule: Hybrid

  • Pay Grade: 8

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Posting Description

LOAN ADMINISTRATION MANAGER, Credit Union, provides operational leadership and strategic direction for the Loan Administration department in partnership with the Vice President of Loan Administration & Asset Management. This role oversees end-to-end servicing operations, controls, data integrity, and member service across consumer, home equity, real estate, investor mortgage, indirect, and future small business/commercial loan products within the Fiserv DNA core system; leads and develops a high-performing team; and ensures accurate, timely, and member-focused service. The Manager also maintains compliant policies, procedures, and quality-assurance programs; administers investor servicing requirements, including Fannie Mae, Freddie Mac, and FHLB guidelines; and supports secondary-market activities, audits, examinations, system governance, vendor oversight, business continuity, reporting, servicing transformation, and continuous process improvement.

The full job description is available here (https://rms.peopleclick.com/RP/cis.mit.edu) .

Job Requirements

REQUIRED: Bachelor’s degree in business, finance, or a related field, or an equivalent combination of education and relevant experience; a minimum of five years of progressively responsible experience in loan administration, loan servicing, or a closely related area; two or more years of experience supervising employees, leading teams, or providing formal work direction; and experience with investor servicing, including Fannie Mae, Freddie Mac, and FHLB requirements, and secondary-market operations; experience supporting regulatory, investor, or independent audits. PREFERRED: Hands-on experience with Fiserv DNA in a loan servicing or loan administration environment; Fiserv SMB experience; demonstrated experience developing operational controls, quality-assurance programs, performance metrics, and management reporting; experience managing servicing vendors, business continuity planning, audit or examination responses, system testing, and change implementation; experience leading process improvement, workflow automation, digital servicing, servicing transformation initiatives; or relevant industry certification or advanced degree, such as an MBA or CMB.

10/8/2026

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