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Contract Administrator

MidFirst Bank
United States, Oklahoma, Oklahoma City
May 12, 2025
Description

The Contract Administrator will organize, assist, and support the daily responsibilities associated with mortgage servicing transfers and ongoing management of contracts and contract relationships associated with prior mortgage servicing transfers. This role is key in ensuring completion of due diligence accuracy, compliance, and timely execution through a fast-moving, high-volume pipeline of mortgage asset purchases.

Position Description:



  • Coordinate the collection, organization, and review of due diligence materials for potential acquisition.
  • Track key milestones and deadlines associated with compliance requirements and contractual terms for acquisitions.
  • Analyze data associated with all phases of acquisition life cycle including reconciling data items received, outstanding, and flag potential delays or risk.
  • Provide support to Senior Management, Analysts, and Corporate Technology on the design, development and management of servicing transfer reporting, infrastructure and workflow.
  • Communicate details of upcoming servicing transfers with internal and external stakeholders including operational impact, strategic recommendations, and resolution of open issues.
  • Manage internal and external stakeholder relationship with a key focus on conflict resolution, reputational harm, and regulatory impact.
  • Assist in maintaining robust data driven processes to ensure that loan data is accurately onboarded to servicing system with no downstream impacts.
  • Drive continuous improvement in the acquisition process through data analysis and process enhancements.
  • Cross-functional collaboration to resolve trailing matters throughout the acquisition lifecycle with key internal and external counterparties.
  • Drive completion of transaction funding events including but not limited to Senior Management sign-offs, compiling of legal documents, and risk management memorandums.
  • Assist on special projects on an ad hoc basis.



Position Requirements:



  • 3+ years of related work experience
  • Ability to succeed in a fast-paced, goal driven environment
  • Strong critical thinking, analytical, and decision making skills
  • Excellent verbal and written communication skills
  • Strong attention to detail
  • Problem solving skills
  • Proficiency with Excel and Word required; Access & PowerPoint a plus
  • Experience with mortgage servicing is a plus
  • Project Management certification is desired
  • Bachelor's degree preferred

Qualifications
Behaviors
Enthusiastic - Shows intense and eager enjoyment and interest
Dedicated - Devoted to a task or purpose with loyalty or integrity
Team Player - Works well as a member of a group
Detail Oriented - Capable of carrying out a given task with all details necessary to get the task done well
Motivations
Growth Opportunities - Inspired to perform well by the chance to take on more responsibility
Self-Starter - Inspired to perform without outside help
Goal Completion - Inspired to perform well by the completion of tasks
Entrepreneurial Spirit - Inspired to perform well by an ability to drive new ventures within the business
Ability to Make an Impact - Inspired to perform well by the ability to contribute to the success of a project or the organization
Education
Bachelors of Business Administration (preferred)
High School (required)
Experience
3 years: Similar job function/responsibilities (required)
Skills
  • Organization (required)
  • Project Management (preferred)
  • Microsoft Word (required)
  • Microsoft Excel (required)
  • Communication - Written (required)
  • Communication - Verbal (required)


  • Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

    This employer is required to notify all applicants of their rights pursuant to federal employment laws.
    For further information, please review the Know Your Rights notice from the Department of Labor.
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