LOAN ADMINISTRATION OFFICER
Salary
$70,282.08 - $104,713.20 Annually
Location
Las Vegas
Job Type
Full-Time
Job Number
2026-02277
Department
B&I - HOUSING DIVISION
Opening Date
05/22/2026
Closing Date
5/29/2026 11:59 PM Pacific
FLSA
Non-Exempt
Bargaining Unit
D
Max Number of Applicants
50
Salary Grade
37
Full Physical Address of Position (City, State, Zip)
Las Vegas, NV 89102
Job Summary
The Department of Business and Industry is hiring to fill a Loan Administration Officer position within the Housing Division in Las Vegas. The incumbent will support the Homeownership Programs Section by administering and overseeing single-family housing finance programs, including bond-funded first mortgage programs, down payment assistance programs, and second mortgage initiatives. The Loan Administration Officer serves as a technical and operational lead responsible for coordinating loan program operations, lender relations, rate and bond monitoring, compliance review, reporting, and training activities while ensuring adherence to state, federal, and investor requirements. They work closely with lenders, realtors, system partners, and internal staff to support program delivery, develop procedures, manage operational risk, and provide guidance on complex loan scenarios. This role also supports staff development and workflow coordination to promote efficient program administration, regulatory compliance, and effective service to Nevada homebuyers and housing partners. Occasional statewide travel may be required.
Essential Qualifications
Bachelors degree from an accredited college or university in business administration, finance, accounting or related field and three years of progressively responsible financial experience in mortgage lending or mortgage loan administration; OR graduation from high school or equivalent education and five years of progressively responsible financial experience in mortgage lending or mortgage loan administration; OR an equivalent combination of education and experience as described above.
Job Duties
Administer a single and/or multi-family housing program by planning and coordinating activities and directing implementation; assess program weaknesses and make recommendations for improvements; develop office controls and processing systems for the efficient and effective flow of work and funds.
Supervise and evaluate the performance of professional and technical staff to include selection, training, motivation, work assignment and review, and discipline.
Assist in the development of the annual work plan including determining housing priorities and providing procedures and programs based upon information gathered and analyzed.
Review and evaluate applications and supporting documentation, determine eligibility, and make recommendations for approval or denial; notify applicants of determinations.
Conduct training workshops on project compliance and the completion of required documentation.
Conduct and/or direct staff in analyzing and underwriting applications.
Manage a single-family and/or multi-family portfolio to ensure compliance with program, federal and State requirements and regulations; monitor single-family delinquency levels to ensure bond ratings on new issues are not jeopardized.
Review reports, income verifications and tenant certifications and conduct on-site physical inspections to determine physical condition of the project and compliance with regulations; notify project owners of non- compliance and follow up to ensure resolutions.
Review and analyze budget, expense and financial statements on existing projects for compliance and potential defaults on loans and agreements.
Monitor servicer activities, research problems, and develop, implement and monitor courses of corrective action to ensure compliance with federal and State requirements and regulations.
Monitor federal and State legislation and regulatory processes regarding issues pertinent to multi-unit housing projects; make recommendations for necessary program changes.
Perform related duties as assigned.
Knowledge, Skills, and Abilities
Working knowledge of: Department of Housing and Urban Development (HUD) guidelines, Federal Housing Administration (FHA)-insured, Department of Veterans Affairs (VA)-guaranteed, private insurance, and Housing Division laws and regulations pertaining to single-family and multi-family mortgage lending; supervisory techniques including selection, training, motivation, work assignment and review, and discipline; rules, regulations and policies as related to loan delinquency requirements and procedures.
General knowledge of: Internal Revenue Code (IRC) related to either a single-family or multi-family mortgage revenue bond program.
Ability to: compute ratios, rates and percentages to calculate income ratios, determine liquid assets and calculate gains and losses of interest; analyze and interpret a variety of rules and regulations related to single and multi- family mortgage lending; analyze a variety of factors pertaining to credit and mortgage analysis such as budget, expense and financial statements; make oral group presentations to explain new programs and program procedures; establish and maintain cooperative working relationships.
Skill in: written English sufficient to compose reports and business correspondence.
The State of Nevada is an equal opportunity employer dedicated to building diverse, inclusive, and innovative work environments with employees who reflect our communities and enthusiastically serve them. All applicants are considered without regard to race, color, national origin, religion or belief, age, disability, sex, sexual orientation, gender identity or expression, pregnancy, domestic partnership, genetic information (GINA), or compensation and/or wages.
Please send direct Inquiries or correspondence to the recruiter listed on this announcement.
Benefits include:
Health Insurance: Medical, dental, life, and disability insurance programs for employees and their dependents/family are offered through the Public Employees' Benefits Program (PEBP).
Vacation: Accrual of three weeks of annual leave each year.
Sick Leave: Accrual of three weeks of sick leave each year.
Holidays: 12 paid holidays per year.
Retirement: Participation in the Nevada Public Employees Retirement System (PERS). Employees do not contribute to Social Security but will contribute to PERS if their position is at 50% or more full-time equivalency. For more information on how PERS service may impact Social Security benefits, visit the SSA publication.
Deferred Compensation: The State offers a voluntary Deferred Compensation Program.
No Nevada state income tax.
Public Service Loan Forgiveness: Eligible due to public sector employment.
Longevity Payments Eligibility: Employees who have received a performance rating of "standard" or better and have completed eight (8) or more years of continuous service are eligible for longevity pay.
Additional benefits may apply to employees covered under a Collective Bargaining Agreement (CBA), depending on their designated bargaining unit. For more information, visit the Labor Relations Unit (LRU).
For more details about your rights and responsibilities as a State of Nevada employee, please review the State of Nevada Employee Handbook (PDF).
The following are legal holidays:
January 1.............................................. New Years Day
Third Monday in January.................. Martin Luther King, Jr.s Birthday
Third Monday in February................ Washington's Birthday
Last Monday in May........................... Memorial Day
June 19................................................ Juneteenth Day
July 4.................................................... Independence Day
First Monday in September.............. Labor Day
Last Friday in October....................... Nevada Day
November 11........................................ Veterans Day
Fourth Thursday in November........ Thanksgiving Day
Friday following the Fourth Thursday in November...................... Family Day
December 25........................................ Christmas Day
When January 1, June 19, July 4, November 11, or December 25 falls on a Saturday, the preceding Friday is the observed legal holiday. If these days fall on Sunday, the following Monday is the observed holiday. Eligibility for holiday pay is covered by the provisions of NAC 284.255
01
Do you have any of the following?
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A State of Nevada/FBI background check will be required of the selected applicant. Can you meet this requirement?
03
A valid drivers license is required at the time of appointment and as a condition of continuing employment. Can you meet this requirement?
Required Question
Employer State of Nevada (NV)
Address See Above for Agency Information
See Above for Posting Location, Nevada, 89701
Website https://nvjobs.nv.gov