Loan Administrator Ii
(Female, Age 47) from Westminster, NY
This is a REAL-LIFE job profile written by a Female aged 47 who works as a Loan Administrator Ii in Westminster, NY. We have removed all names and personal information in order to protect privacy. This professional kindly spent a bit of their time to complete one of our job profile surveys so that prospective job seekers like you could read their insights. Please excuse any punctuation or grammatical errors in this profile.
At a Glance
Basic data on your current job
|Job Title||Loan Administrator Ii|
|Other Compensation||None Set|
|Company Size||(not answered)|
|Years Experience||2 months|
Opinions on your CAREER overall (i.e. not just your current job)
|Years in Career||0|
|Income Rating||0 / 10|
|Interest Rating||0 / 10|
|Work-Life Rating||0 / 10|
|Fulfilment Rating||0 / 10|
Current job Q&A
Describe the type of organization you work for.
Susquehanna is a regional financial services holding company with assets of approximately $17.5 billion. It includes a commercial bank that provides financial services at more than 250 office locations in the Mid-Atlantic region. Through Susquehanna Wealth Management, the company offers investment, fiduciary, brokerage, insurance, retirement planning and private banking services. Susquehanna also operates an insurance and employee benefits company, a commercial finance company, and a vehicle leasing company. Our extensive portfolio of financial products and services is
Describe your job role and responsibilities.
Sending completed loan packages to our central back office area for booking, ordering UCC searchs & property searches for new/refinanced loans, sending UCC alerts & business entity reports to lenders to advise them of a change in status or a new loan for their customers, back-up to processing the approval inbox where all requests for new loans & modifications are routed.
Please list an additional benefits (beyond compensation) that you receive.
PPO Health insurance, dental insurance, vision incurance, 401K, HSA, 28 days of PTO
Do you feel you are under/over or well/fairly compensated at your current position?
Does your job entail you working with others on a daily basis? Is this something you like/dislike about your job? Please explain.
I work fairly independently but have a supervisor available if questions arise. I do like working in this manner.
Do you work collaboratively with supervisors/managers?
Do you work collaboratively with your co-workers?
Describe your work location (e.g., office, home, theatre, in the field) and what you like/dislike about working in it.
I work in a business park approximately 45 minutes away from home. the only thing I dislike is the commute to get to work.
Please rate each of the following aspects of your current job on a scale of 1-10 (10 being the highest/best):
Job Title: 8
Level of Responsibility: 6
The Actual Work: 7
A day in the life of…
Please describe a typical workday for you in your current job:
|5am to 6am|
|6am to 7am|
|7am to 8am||Commute|
|8am to 9am||Commute–arrive to work at 8:30
Check emails–respond to any requests for loan documents immediately
Prepare post-closing packages to send to booking, checking to ensure all loan documentation is included in package
|9am to 10am||Work on requests for UCC reports & property searches, send to appropriate lending assts.|
|10am to 11am||Prepare post-closing packages to send to booking, as in earlier in the day|
|11am to 12pm||Work on UCC alerts & business entity reports, send to lenders to advise of our customers securing financing with other companies|
|12pm to 1pm||Prepare post-closing packages to send to booking, more of the same, a big part of what I do all day. I also make sure loans are recorded on a central log and the stage of the loan is updated to booking in our Business to Business directory to track the progress of the loan|
|1pm to 2pm||1:00 – 1:30 lunch
1:30 – 2:00 Cover the approval inbox for Lynda’s lunch, send new loan requests to mgr. to be routed to loan specialist, send mods. to mod specialist
|2pm to 3pm||Prepare post-closing packages to send to booking, once again updating the log and loan status as needed|
|3pm to 4pm||Work on UCC alerts & business entity reports, send to lenders to advise of our customers securing financing with other companies. Lenders appreciate this information as it may indicate that a customer is taking their lending business elsewhere.|
|4pm to 5pm||Get proof work ready to send with courier
Prepare final post-closing packages to send to booking, once again checking the logs & loan status
|5pm to 6pm||5:00 leave for the day|
|6pm to 7pm||Commute home, arrive between 6:00 & 6:30|
|7pm to 8pm|
|8pm to 9pm|
|9pm to 10pm|
|10pm to 11pm|
|11pm to 12am|
Table of Contents
How you got your job
How did you get your current job?
What was the application process?
applied online and attached resume
Did you have to interview for your current job? If yes, what did the interview process entail?
yes, I interviewed with my direct supervisor, the dept. mgr., & our HR person
If you can remember, what questions were you asked during the interview?
did a fact-paced environment overwhelm me?
if I was offered a counter offer with my current employer would I accept the offer?
Do you feel your employer properly prepared you for your job? Explain.
yes, I have had excellent training
Was there training for your current position? If yes, what did it entail?
I worked with a co-worker & my supervisor to learn the basics of how our dept. functions
Do you feel your educational background prepared you for your job? Explain.
Yes, I have worked in banking for 25 years and I feel I bring quite a bit of knowledge & experience to this job.
If applicable, do you feel your internship experience helped you prepare for your job?
If someone wanted to go about getting a job similar to yours, what would you recommend for him or her to do?
Apply online at Susquehanna.net
What skills do you think a person should have if they want to pursue a position like yours?
Experience with loan documentation as well as a basic knowledge of loan terms
Do you feel that you need a certain level of education or training to be successful in your job?
What advice would you give to someone who was about to start work in your position/ line of work?
be willing to start in an entry level job to learn everything necessary to build your knowledge & skills
Long-term career plans
Is your current employment part of your overall career plan? Why or why not?
Absolutely, I feel like I have come back home where I am appreciated.
What are your current career goals?
To grow into the commercial loan specalist job & possible beyond that.
Is there anything else you would like to share about your career?
Banking is a challenging professional that can sometimes bury you in paperwork but is always interesting.
Prior work history
Please list your most recent jobs prior to this current job:
|Prior Job 1||Residential lending/home equity specilist||2 years||34500||Booked all mortgage, home equity loans. Processed escrow transactions & did end of year escrow analysis. Was back up for commercial loan booking. Processed payoffs & releases.|
|Prior Job 2||New accounts||3 years||38500||Opened new accounts & processed new loan request.|
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