Massachusetts Institute of Technology
Loan Administration Manager
17 days ago
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Important information
Contract type:
Permanent
Salary:
$79,050 – $106,420 / year
Location:
Cambridge, MA, USA
Work mode:
Hybrid
Published on:
9 October 2026
What they need
Working at MIT offers opportunities that just aren’t found anywhere else, including generous and unique benefits that help to ensure that MIT employees are healthy, supported, and enjoy a fulfilling work/life balance.
We welcome people from all walks of life to bring their talent, ideas, and experience to our community. We strongly encourage applications from individuals from all identities and backgrounds – like yours. If you want to be part of our exceptional, multicultural, collaborative, and inclusive community, then take a look at this opportunity.
MIT provides pay ranges representing its good faith estimate of what the Institute reasonably expects to pay for a full time position at the time of posting (if you are applying for a part time salaried job, you will need to prorate the posted pay range). The pay offered to a selected candidate during hiring will be based on factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience and education/training, internal peer equity, and applicable legal requirements. This pay range represents base pay only and does not include any other benefits or compensation.
Loan Administration Manager
Job Number: 26131
Functional Area: Credit Union
Department: Credit Union
School Area: Credit Union
Pay Range Minimum: $79,050
Pay Range Maximum: $106,420
Employment Type: Full-time (Hybrid)
Employment Category: Exempt
Visa Sponsorship Available: No
Schedule: Hybrid
Pay Grade: 8
Posting Description
LOAN ADMINISTRATION MANAGER, Credit Union, provides operational leadership and strategic direction for the Loan Administration department in partnership with the Vice President of Loan Administration & Asset Management. This role oversees end-to-end servicing operations, controls, data integrity, and member service across consumer, home equity, real estate, investor mortgage, indirect, and future small business/commercial loan products within the Fiserv DNA core system; leads and develops a high-performing team; and ensures accurate, timely, and member-focused service. The Manager also maintains compliant policies, procedures, and quality-assurance programs; administers investor servicing requirements, including Fannie Mae, Freddie Mac, and FHLB guidelines; and supports secondary-market activities, audits, examinations, system governance, vendor oversight, business continuity, reporting, servicing transformation, and continuous process improvement.
The full job description is available here.
Job Requirements
REQUIRED: Bachelor’s degree in business, finance, or a related field, or an equivalent combination of education and relevant experience; a minimum of five years of progressively responsible experience in loan administration, loan servicing, or a closely related area; two or more years of experience supervising employees, leading teams, or providing formal work direction; and experience with investor servicing, including Fannie Mae, Freddie Mac, and FHLB requirements, and secondary-market operations; experience supporting regulatory, investor, or independent audits. PREFERRED: Hands-on experience with Fiserv DNA in a loan servicing or loan administration environment; Fiserv SMB experience; demonstrated experience developing operational controls, quality-assurance programs, performance metrics, and management reporting; experience managing servicing vendors, business continuity planning, audit or examination responses, system testing, and change implementation; experience leading process improvement, workflow automation, digital servicing, servicing transformation initiatives; or relevant industry certification or advanced degree, such as an MBA or CMB.
10/8/2026
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