Loan Operations Specialist

4 weeks ago


Bettendorf, United States ThisWay Full time
Job DescriptionJob Description

Our partner is looking for a Loan Operations Specialist in Bettendorf, IA. The Loan Operations Specialist is responsible for maintaining accurate records of loans and leases within the bank's computer system(s).

Responsibilities

  • Provide servicing for all types of loans including Commercial, Equipment Finance, Mortgage, and Consumer.
  • Input and ensure new and renewed note information meets quality standards.
  • Compute interest, principal payments, and payoffs on loans.
  • Process loan payments, including participation remittances.
  • Monitor various reports to ensure information accuracy.
  • Reconcile various general ledger accounts.
  • Maintain the bank’s lender-placed insurance.
  • Process non-accrual/charge-off loans.
  • Process incoming wires.
  • Verify and correct E-Oscar disputes.
  • Maintain escrow accounts.
  • Process paid-in-full loans and release collateral.
  • Check in new consumer and mortgage notes and collateral.
  • Research and resolve customer inquiries, including paid-in-full loans and collateral.
  • Perform monthly reporting and remittance to various investors.
  • Promote and implement the bank's sales culture and service philosophies.
  • Perform other duties as assigned.

Requirements

  • Associate Degree preferred, or a combination of banking experience and/or degree.
  • At least six to nine months of banking or related experience preferred.
  • Detail-oriented with strong organizational skills.
  • Solid knowledge of Microsoft Word, Excel, and Outlook.

Benefits

  • Reasonable accommodations for individuals with disabilities to perform essential functions.
  • Moderate noise work environment (e.g., business office with computers, phone, and printers, light traffic).
  • Ability to work in a confined area and sit at a computer terminal for extended periods.
  • Occasional stooping or kneeling may be necessary.
  • Regular standing, sitting, talking, hearing, and using hands and fingers to operate a computer keyboard and telephone.
  • Specific vision abilities required due to computer work.
  • Light to moderate lifting required.
  • Regular, predictable attendance required.


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