Accounting, Administrative Skills, Analysis Skills, Business Solutions, Commercial Banking, Compensation and Benefits, Consulting, Customer Support/Service, Detail Oriented, Finance, Financial Services, Fortune 500 Customers, Government, Information Technology Consulting, Leading Edge Technology, Loan Documents, Loan Servicing, Loans, Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Presentation/Verbal Skills, Problem Solving Skills, Reconciliation, Sales Management, Team Lead/Manager, Time Management, Wholesale Industry, Writing Skills
Job Title: Loan Servicing Administrator
Location: Newark, DE
Duration: Contract to hire, 6 months
Pay Range: $25/hr - $28/hr (W2)
Job ID: 374347
About BCforward
BCforward is a leading global IT consulting and workforce solutions firm providing services and support to Fortune 500 and government clients. Founded in 1998, BCforward has grown with our customers needs into a full-service business solutions provider. With delivery centers and offices across North America and India, we take pride in building long-term relationships and delivering excellence through innovation, collaboration, and integrity.
Job Description
We are seeking a Loan Servicing Administrative Coordinator to join our team supporting Wholesale Lending Services within a leading commercial bank. The ideal candidate will have strong experience in syndicated loan servicing, task assignment, and reconciliation and a proven ability to manage high-volume workflows, interpret loan documentation, and coordinate across operations teams.
Responsibilities:
- Monitor and manage the group mailbox, triaging and assigning incoming requests.
- Assign daily client tasks to Loan Servicing Account Managers based on expertise and workload.
- Reconcile daily borrower activity and workflow cases across the organization.
- Monitor and escalate past-due principal, interest, and fee cases to drive timely resolution.
- Update and maintain control and workflow reports with accurate comments.
- Provide administrative support related to Credit Agreement terms.
- Back up team members and contribute to special projects as assigned.
Required Skills & Qualifications:
- Undergraduate degree preferred; or 3+ years of relevant job and industry experience.
- Working knowledge of Microsoft Excel, Word, and PowerPoint.
- Experience reading and interpreting syndicated loan documentation; familiarity with LoanIQ.
- Strong attention to detail with effective organizational and time-management skills.
- Ability to manage concurrent assignments and work independently within a team environment.
- Excellent oral and written communication and client service skills.
- Analytical and problem-solving skills with sound judgment.
Preferred Skills:
- Loan servicing or customer service experience in financial services.
- Bachelor's degree in finance, accounting, or related field; recent graduates are welcome.
Why BCforward?
At BCforward, we believe in advancing lives and careers. When you join our team, you gain access to:
- Competitive compensation and benefits
- Opportunities for growth with global clients
- A supportive, inclusive culture that values innovation and people
- Exposure to cutting-edge technologies and projects
About Our Commitment
BCforward is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, or veteran status.
Interested? Apply Now!
If this sounds like the right opportunity for you, please apply with your most recent resume.