Yrefy LLC
Position Title:
Loan Coordination Specialist
Type:
Full-Time, Hourly, Non-Exempt, In-Office, Non-Remote, 8 Hour Shift, M-F
Pay:
$21 - $23 per hour, Bonus Opportunities **
**
About us:
Yrefy is a dynamic lender that solves the student loan dilemma with unique financial products for borrowers. If you are passionate about people and thrive in a growing environment, we invite you to consider joining our team!
We are seeking a dedicated and detail-oriented Loan Coordination Specialist. This role is essential to providing exceptional internal support service while confirming that all files are accurate and in compliance with company guidelines for a timely funding.
A Loan Coordination Specialist supports the student loan processing and underwriting departments, ensuring efficient and accurate processing of loan applications. They will work to gather necessary documentation, verify information, and coordinate with internal team members involved in the loan process. Loan Coordination Specialists will be involved in the final funding process. Our ideal candidate should demonstrate an understanding of verifying documentation; possess problem-solving skills; and can work quickly and efficiently in a fast-paced environment.
Responsibilities
Collect, verify, and manage loan application documents, ensuring accuracy and completeness, and adherence to company guidelines
Communicate with team members to address questions; provide updates on loan status; and gather additional information as needed
Collaborate with internal teams, such as Underwriters and Processors, to ensure the loan process moves smoothly, while addressing inquiries and resolving issues related to loan processing
Maintain accurate records of all transactions and communications related to processing of the loan applications
Coordinate the funding process
Ensure compliance with all regulations and company guidelines
High level administrative support to Underwriting Department
Perform other related duties as assigned
Education and Experience
Associate degree strongly preferred
One (1) year experience preferred in loan processing or a similar role within the student financial services industry
Experience in underwriting process is a plus, but not mandatory
Previous experience in Quality Control and compliance is welcomed, and translates well to this role
Proficient with Microsoft Office Suite
Required Skills/Abilities
Deep communication and interpersonal skills
Able to manage multiple tasks and meet deadlines
Strong attention to detail and organizational skills are essential for success in this role
Physical Requirements
Prolonged periods sitting at a desk and working on a computer
Must be able to lift 15 pounds at a time
Benefits:
100% Employer Paid Medical for Employee AND Whole Family Includes the Mayo Clinic
Safe Harbor 401k/ROTH Plan with a 4% Company Match
Dental Insurance
Vision Insurance
Company Paid Term Life Insurance
Supplemental Voluntary Life Insurance
Company Paid Short-and Long-Term Disability Insurance
Voluntary Pet Insurance
Fully Subsidized LifeTime Gym Membership
Tuition Reimbursement
Catered Friday Lunches
Fully Stocked Kitchens
Fun in Office Work Environment
Opportunity to Work at a Fast-Growing Company
And More!
Loan Coordination Specialist
Type:
Full-Time, Hourly, Non-Exempt, In-Office, Non-Remote, 8 Hour Shift, M-F
Pay:
$21 - $23 per hour, Bonus Opportunities **
**
About us:
Yrefy is a dynamic lender that solves the student loan dilemma with unique financial products for borrowers. If you are passionate about people and thrive in a growing environment, we invite you to consider joining our team!
We are seeking a dedicated and detail-oriented Loan Coordination Specialist. This role is essential to providing exceptional internal support service while confirming that all files are accurate and in compliance with company guidelines for a timely funding.
A Loan Coordination Specialist supports the student loan processing and underwriting departments, ensuring efficient and accurate processing of loan applications. They will work to gather necessary documentation, verify information, and coordinate with internal team members involved in the loan process. Loan Coordination Specialists will be involved in the final funding process. Our ideal candidate should demonstrate an understanding of verifying documentation; possess problem-solving skills; and can work quickly and efficiently in a fast-paced environment.
Responsibilities
Collect, verify, and manage loan application documents, ensuring accuracy and completeness, and adherence to company guidelines
Communicate with team members to address questions; provide updates on loan status; and gather additional information as needed
Collaborate with internal teams, such as Underwriters and Processors, to ensure the loan process moves smoothly, while addressing inquiries and resolving issues related to loan processing
Maintain accurate records of all transactions and communications related to processing of the loan applications
Coordinate the funding process
Ensure compliance with all regulations and company guidelines
High level administrative support to Underwriting Department
Perform other related duties as assigned
Education and Experience
Associate degree strongly preferred
One (1) year experience preferred in loan processing or a similar role within the student financial services industry
Experience in underwriting process is a plus, but not mandatory
Previous experience in Quality Control and compliance is welcomed, and translates well to this role
Proficient with Microsoft Office Suite
Required Skills/Abilities
Deep communication and interpersonal skills
Able to manage multiple tasks and meet deadlines
Strong attention to detail and organizational skills are essential for success in this role
Physical Requirements
Prolonged periods sitting at a desk and working on a computer
Must be able to lift 15 pounds at a time
Benefits:
100% Employer Paid Medical for Employee AND Whole Family Includes the Mayo Clinic
Safe Harbor 401k/ROTH Plan with a 4% Company Match
Dental Insurance
Vision Insurance
Company Paid Term Life Insurance
Supplemental Voluntary Life Insurance
Company Paid Short-and Long-Term Disability Insurance
Voluntary Pet Insurance
Fully Subsidized LifeTime Gym Membership
Tuition Reimbursement
Catered Friday Lunches
Fully Stocked Kitchens
Fun in Office Work Environment
Opportunity to Work at a Fast-Growing Company
And More!