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Loan Administrator in Red Bank, NJ

Loan Administrator Job Description

For this role, firms look for candidates with three years of experience and a high school diploma or equivalent. Strong customer service skills, in-depth knowledge of Microsoft Excel and Word, and familiarity with financial statements and compliance documents are preferred. Candidates should also be organized and comfortable working in a fast-paced environment.

Typical loan administrator duties:

Interacting with customersAssisting the credit administration and loan administration staffGenerating documentation for loan processing and various reports for managementAssisting with other administrative tasks as needed

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Salary for Loan Administrator in Red Bank, NJ
39900 - 55800
25th percentile
39900
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
46200
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
55800
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Director of Operations – Financial Services 154800 189900 222900 Manager of Operations – Financial Services 105600 131100 156000 Client Service Representative 67200 97800 124800 Banking Operations Specialist 48900 73200 103200 Loan Processor 46200 55200 69600 Mortgage Underwriter 73200 90300 118200 Mortgage Processor 38700 48600 65700 Trader/Sales Assistant 63000 77400 90300 Performance Analyst 69600 85500 104700 Explore More Salaries

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