MaineStream Finance (MSF), a nonprofit Community Development Financial Institution (CDFI) which is a subsidiary of Penquis, is seeking to hire a highly motivated finance or real estate experienced applicant who is looking to make a tangible difference in our community, particularly for low-income families. The Loan Administrator, is responsible for supporting MaineStream’s Loan Officer in underwriting, closing and servicing single-family, home mortgage loans.
Duties will include managing documents, data and correspondence related to loan applications, underwriting requests, closing loans, disbursing funds, and monitoring the performance of loans and borrowers. An important responsibility will be ensuring the accuracy of loan information within the organization’s data management systems as well as mastering and optimizing the use of those systems to track and report on loan portfolio performance. The Loan Administrator will also support the team with document/file management, compliance, and reporting to capital sources and regulators.
Requires two years of experience with administration in the financial, legal, or real estate industries or related paid work experience and/or education; outstanding attention to detail with strong organizational, analytical, logical and problem solving skills; demonstrated success in building and maintaining individual and organizational relationships; strong written and verbal interpersonal and communication skills; sound time management and ability to prioritize conflicting demands and deadlines; computer proficiency and experience, including database management, spreadsheet, word processing, and presentation software.
The starting rate of pay for the Loan Administrator position is $17.81 per hour and additional compensation may be given consideration with relevant experience.
Upon hire and periodically thereafter, must comply with MSF/Penquis background check requirements with satisfactory results as outlined in current contract provisions.
MSF/Penquis offers an excellent benefits package, competitive wages, and opportunities for educational advancement, certification, and coursework. For more information or to apply on line at Penquis Employment or contact us at 973-3500 (TDD: 973-3520) or by email at employment@penquis.org to request an application and job description. In addition to an application we request a current resume.
Applications will be accepted until January 21, 2022.
MSF/Penquis complies with all applicable federal and state laws and regulations concerning employees, including those pertaining to mandatory COVID-19 vaccination. This includes rules associated with the State of Maine healthcare mandate, as well as U.S. DHHS rules requiring vaccinations within our Head Start programs. It is the expectation that all MSF/Penquis employees will adhere to our COVID-19 Vaccination Policy.
In accordance with federal regulations, MSF/Penquis does not discriminate. Reasonable accommodation will be made for otherwise qualified persons with disabilities. Penquis is a tobacco and smoke-free workplace.
