Job Description
Job Title: Remote Loan Analyst
Hourly Pay: $27 - $33/hour
Summary:
We are looking for a detail-oriented Loan Analyst to join our remote team. As a Loan Analyst, you will be responsible for reviewing loan applications, analyzing financial documents, and providing recommendations for loan approvals or denials. If you possess strong analytical skills and experience in loans or financial services, this is an excellent opportunity to contribute remotely and make a significant impact in the financial industry.
Key Responsibilities:
Review loan applications, financial statements, and credit reports to assess the risk and eligibility for loans
Analyze borrower financial conditions, including income, credit history, and collateral
Prepare and present detailed loan reports with clear recommendations for loan approval or denial
Ensure compliance with lending policies, procedures, and regulatory requirements
Collaborate with loan officers and other team members to streamline the loan approval process
Monitor loan performance and ensure adherence to loan terms
Communicate with borrowers to request additional documentation or clarification when necessary
Qualifications:
Proven experience as a Loan Analyst or in a similar financial analysis role
Strong knowledge of loan products, credit analysis, and risk assessment techniques
Excellent communication skills for working with borrowers and internal team members
Proficiency in loan management software and financial analysis tools
Ability to work independently and manage multiple loan applications in a remote setting
Must have reliable internet access and a quiet, dedicated workspace
Perks & Benefits:
100% remote work flexibility
Competitive hourly pay: $27 - $33
Paid training and continuous professional development opportunities
Flexible working hours, including evening and weekend shifts
Career growth opportunities within the finance and lending sectors
A collaborative and supportive work environment
Full-time
Fully remote