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MassDevelopment · 12 hours ago

Loan Administrator

Boston, MA

Full-time

Hybrid

Entry Level

1+ years exp

MassDevelopment is the state’s development finance agency and land bank, focused on strengthening the Massachusetts economy through financing solutions and real estate expertise. The Loan Administrator will support the administration of loans, guarantees, and grants, ensuring smooth transactional processing and maintaining compliance throughout the lifecycle of each transaction.

FinanceFinancial ExchangesFinancial ServicesVenture Capital

Responsibilities

Process and manage multiple loan, guarantee, and grant transactions, including payments and advances

Partner with accounting to ensure accurate billing and financial processing

Serve as a primary point of contact for internal partners and external clients, providing timely, professional support

Ensure accuracy and completeness of data and documentation within loan servicing systems

Maintain organized, compliant file retention systems

Assist with monthly and quarterly portfolio reporting

Monitor UCC filings, real estate taxes, and insurance requirements

Support the preparation and processing of legal documents, including mortgage discharges for paid-off loans

Contribute to a collaborative, client-focused team environment

Qualification

Loan servicing systemsCommercial loan documentationOrganizational skillsCommunication skillsCustomer-centric approachInterpersonal skillsTeam collaboration

Required

1–3 years of relevant professional experience or an associate degree

Strong organizational skills and the ability to manage multiple projects and deadlines

Excellent written and verbal communication skills

Strong interpersonal skills with a customer-centric approach

Ability to work independently and collaboratively as part of a team

Familiarity with commercial loan documentation and loan servicing systems

Understanding of and commitment to diversity, equity, inclusion, access, belonging, and anti-oppression in the workplace

Preferred

2–3 years of experience in a loan operations environment (preferred, not required)

Experience with loan servicing systems such as Enable (preferred, not required)

Benefits

Comprehensive Health Coverage: Including medical, dental, and vision insurance to keep you and your family healthy.

Retirement Plans: Robust 401(a) and 457(b) plans with an agency match to help you plan for your future.

Paid Time Off: Generous vacation, sickness, personal leave, and holidays allowing you to refresh and maintain a healthy work-life balance.

Hybrid Work Environment: Helps you minimize the burden of a daily commute, for that ideal balance of work and personal life.

Professional Development: Opportunities for continuous learning to help advance your career. Never stop learning with our tuition reimbursement and Student Loan Reimbursement programs.

Wellness Programs: Access to wellness resources and programs to support your overall well-being.