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Loan Administration Specialist

Massachusetts Institute of Technology

Cambridge, MA · HybridFull-time$24.76–34.2/hrSeen 4 days agoSeen in employer's feed 4 days ago

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At a glance

Compensation
$24.76–34.2/hr
Location
Cambridge, MAHybrid
Schedule
Full-time
Work Authorization
Not specified

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Job overview

The Loan Administration Specialist at MIT Credit Union supports nationwide real estate and consumer loan portfolios by protecting collateral, maintaining loan and investor records, administering escrow and insurance, performing post‑closing quality assurance, and resolving member service issues while adhering to regulatory and investor requirements.

Skills & qualifications

RequiredNice to have

Skills

Fiserv DNALoan ServicingEscrow Administration

Qualifications

Three Years Banking or Credit Union Operations ExperienceTwo Years Loan Servicing ExperienceHigh School Diploma or EquivalentAssociate or Bachelor’s Degree in Business, Finance or Related FieldExperience With Fiserv DNA Core System

Full job description

Loan Administration Specialist

  • Job Number: 26117

  • Functional Area: Credit Union

  • Department: Credit Union

  • School Area: Credit Union

  • Pay Range Minimum: $24.76

  • Pay Range Maximum: $34.20

  • Employment Type: Full-time (Hybrid)

  • Employment Category: Non-Exempt

  • Visa Sponsorship Available: No

  • Schedule: Hybrid

  • Pay Grade: 5

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Posting Description

LOAN ADMINISTRATION SPECIALIST, Credit Union, services nationwide real estate and consumer loan portfolios by protecting collateral interests, maintaining accurate loan and investor records, administering escrow and insurance requirements, completing post-closing quality assurance, and resolving member servicing needs. The Specialist performs these responsibilities accurately and within applicable regulatory, investor, vendor, and MIT FCU requirements and established deadlines.

The full job description is available here: https://www.dropbox.com/scl/fi/244l9268idzji6p6vt253/Loan-Administration-Specialist-FINAL.docx?rlkey=owunzetqkvnf5tazroiln7oel&st=tj4mjq9a&dl=0

Job Requirements

REQUIRED: A minimum of three years of experience in banking or credit union operations, including at least two years of experience in loan servicing, lending, or a closely related function preferred; and High school diploma or equivalent. PREFERRED: Associate or bachelor’s degree in business, Finance, or related field; or experience with Fiserv DNA core system.

10/5/2026

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