Loan Administrator

2 weeks ago

Mississauga, Canada SS&C Full time

SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.

**Job Description**:
Loan Administrator

Location(s): Mississauga, Ontario at 5255 Orbitor Drive.

Get To Know The Team:
At SS&C Technologies, collaboration is our superpower. By leveraging each other’s strengths and curiosity, we’ve been able to build best-in-class products, culture, and business.

Why You Will Love It Here
- Flexibility: Hybrid Work Model & a Business Casual Dress Code, including jeans
- Your Future: RRSP Matching Program, Professional Development Reimbursement
- Work/Life Balance: Flexible Personal/Vacation Time Off, Sick Leave, Paid Holidays
- Your Wellbeing: Medical, Dental, Vision, Employee Assistance Program, Parental Leave
- Diversity & Inclusion: Committed to Welcoming, Celebrating and Thriving on Diversity
- Training: Hands-On, Team-Customized, including SS&C University
- Extra Perks: Discounts on fitness clubs, travel and more

What You Will Get To Do:
Staff Loan Administrator’s responsibilities include performing loan servicing functions on assigned commercial and mortgage loan portfolios. The Individual will be responsible for uploading loan onto SS&C’s loan servicing software, process loan payment, generate billing statement, process escrow disbursement, generate payoff letter and handle loan inquiries from both loan borrower and client.
- Perform daily and monthly loan servicing processes, loan balance / GL reconciliation, and reporting functions.
- Upload newly originated / purchased loan onto SS&C loan servicing software and send welcome package to borrower.
- Generate various loan notices such as billing statement, maturity notice, late payment notice, payoff statement, etc.
- Process loan cash transactions such as payment processing, loan payoff, escrow disbursement, investor sale, etc.
- Monitor upcoming water / Real Estate taxes on escrowed loans, and report tax delinquencies on non-escrowed loan to client.
- Reconcile daily / monthly GL transactions to ensure all loan transactions are processed and recorded accordingly.
- Monitor cash account and reconcile loan payment received from borrower.
- Produce month end servicing reports and any other ad hoc management reports as requested by client
- Perform critical self-review of work product prior to submission to client and/or supervisor.
- Contribute to other ad hoc inquiries and assist on internal projects.
- Liaise with clients and internal contacts on a day-to-day basis.

What You Will Bring:

- Minimum of a BS degree
- 3-7 years of experience in commercial and mortgage loan administration or equivalent work experience in the loan servicing industry
- Self-starter and ability to work independently to meet daily / monthly deliverable
- Ability to identify processing issue and formulate resolution
- Ability to multi-task effectively
- Strong ability to communicate professionally with internal / external contacts.
- Strong analytical skills and ability to remain highly organized in a deadline driven environment while maintaining strict attention to detail
- Proficiency with Microsoft Office suite, with advanced working knowledge of Excel


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Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services. SS&C offers excellent benefits including health, dental, 401k plan, tuition and professional development reimbursement plan. SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.

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