Job details

Loan Specialist

RP Professional Services is a rapidly growing Technology consulting firm headquartered in Virginia. We’re an 8a and Service-Disabled Veteran-Owned Small Business (SDVOSB) serving both federal and commercial customers. At RP, we help our clients achieve their mission by developing value-driven, customized solutions that are executed by the best people. Our dedication to our employees and clients is driven by our promise to deliver Excellence, Value, and Flexibility. "People, not just Resources" is more than our motto; it's the foundation on which we are built.

RP Pro Services is seeking a highly qualified Loan Specialist to support a federal agency. The ideal candidates will possess strong organizational skills and excel in written and verbal communication. You will be detail-oriented and a strong team player with practical knowledge of loan administration and related documentation such as financial statements and credit instruments. Also important is the proven ability to provide financial analysis and extensive document preparation.

Your Responsibilities:

You’ll perform a variety of tasks depending upon the division to which you are assigned including processing, origination, servicing, guaranty purchasing, and/or liquidating; but the majority of the time (not less than 60%) is spent on loans that are considered to be more "complex" or problematic because of specific conditions or of their nature.

You’ll review the assigned loan file to become acquainted with the characteristic requirements, collateral, and terms of the loan.

You’ll review and analyze requests from direct borrowers or requests from participant lenders about servicing, liquidating, or purchasing loans depending upon the division to which you are assigned.

You’ll provide extensive servicing, purchasing, or liquidation of the more complex delinquent loans or potentially delinquent loans. Analyze the underlying problems and causes of the delinquency and develop solutions to protect the interest of the Agency and the survival of the small business.

You’ll conduct interviews with borrowers and lenders and counsel them on the Agency’s practices. Assess borrower's or lender's need for assistance from other sources and counsel accordingly.

You'll process inbound and outbound calls on loan requests while providing excellent customer service

You’ll perform other loan processing, servicing, purchasing, liquidation, or other duties.

Required Qualifications:

Bachelor's degree or higher from an accredited institution. Additional experience may be considered in lieu of the educational requirements.

3+ years of experience

Experience in loan administration and related documentation such as financial statements and credit instruments.

The ability to work for any US employer without requiring sponsorship

Preferred Qualifications:

Skilled in oral and written communication to extract needed information

Health Benefits: Medical, Vision, Dental

4% retirement match with 100% vesting

Company paid STD and LTD

Company paid basic life insurance

Competitive PTO package RP Professional Services, LLC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Average salary estimate

$77500 / YEARLY (est.)

min

max

$70000K

$85000K

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What You Should Know About Loan Specialist, RP Pro Services

Are you ready to take your career to the next level? RP Professional Services, a leading Technology consulting firm located in Virginia, is on the lookout for a talented Loan Specialist to join our growing team. We pride ourselves on being an 8a and Service-Disabled Veteran-Owned Small Business (SDVOSB), dedicated to delivering customized solutions for both federal and commercial clients. As a Loan Specialist, you'll play a crucial role in supporting a federal agency by handling complex loan processes that require sharp organizational skills and a knack for clear communication. Your day-to-day will include processing, origination, servicing, and liquidating loans, with a focus on resolving the more challenging cases. You'll assess loan files, conduct borrower interviews, and provide valuable counsel while analyzing complex financial situations. We seek someone who's not just detail-oriented but also a team player who can thrive in a dynamic environment. If you have a Bachelor's degree, at least three years of experience in loan administration, and a drive to help clients succeed, we want to hear from you! Join us at RP Professional Services, where we believe in our motto: "People, not just Resources." Let’s achieve great things together!

Frequently Asked Questions (FAQs) for Loan Specialist Role at RP Pro Services

What are the primary responsibilities of a Loan Specialist at RP Professional Services?

As a Loan Specialist at RP Professional Services, your main responsibilities will include processing, origination, servicing, and liquidating loans. You’ll handle complex cases, review loan files, analyze delinquency causes, and provide guidance to borrowers and lenders. You'll also perform the essential duties of conducting interviews and ensuring protective measures for small businesses are upheld.