Loan Operations Specialist

1 month ago


Magnolia, United States Bodcaw Bank Full time

Position Summary

Applicant ensures accurate and timely operations of the bank's loan process to include but not limited to: booking loans on loan system, imaging loan documents, verifying documentation, following up on documentation files (credit/collateral), maintaining document tracking exceptions, completing and reviewing daily reports and balancing, performing loan research and resolve problems, and processing paid off loans.

Duties

  • Book new loans, renewals, modifications, letters of credit, and guidance lines of credit.
  • Book new SBA loans.
  • Scan loan files.
  • Post-closing loan review.
  • Edit loans booked to loan platform for accuracy.
  • Process paid off loans.
  • Participation loan processing - both purchased and sold.
  • Clear loan unposted transactions.
  • Loan account research.
  • Balance loan general ledger clearing accounts.
  • Execute recording/release of applicable documents.
  • Document exception tracking/reporting.
  • Complete all required online training including but not limited to BSA training.
  • Perform other work related duties as assigned.

Qualifications

  • High school diploma or equivalent required.
  • Bachelor's Degree from accredited school of higher education preferred.

Physical Requirements

  • Repeated movements.
  • Use your hands to control, or feel objects, tools, or controls.
  • Stand and/or sit for long periods of time.
  • Ability to lift/move/carry items up to 30 pounds.


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