Participation Loan Operations Specialist

2 months ago


Santa Clarita, United States Logix Federal Credit Union Full time

Participation Loan Operations Specialist Location:

US-CA-Valencia (HQ) ID:

2024-1154 Category:

Business Lending Position Type:

Full-Time Remote:

No Overview:

The Participation Loan Operations Specialist is responsible for maintaining participation relationships by ensuring loan activities meet guidelines and handling service requests. Responsibilities: Assists in maintaining participation relationships with new and existing CUs. Performs financial analysis and annual reviews of loans. Handles service requests from credit unions. Coordinates funding for participation sales. Communicates with third-party servicers for loan setup. Assists in administering participation agreements. Maintains accounting of remittance reports. Facilitates audits. Monitors loan purchases for accuracy. Adheres to lending culture and achieves departmental goals. Updates loan tracking worksheets. Investigates payment irregularities. Completes loan verifications. Participates in process improvement. Facilitates service requests for the portfolio. Prepares loan documents. May serve as back-up for other roles. Participates in meetings and events. Qualifications: Education:

Bachelor's degree in finance or real estate. Experience:

3 years in commercial real estate credit analysis. Knowledge, Skills & Ability: Knowledge of real estate markets. Proficiency in Outlook, Excel, and Word. Experience with Realm Argus is a plus. Strong communication and organizational skills. Ability to work in a fast-paced environment. Ability to work with all levels of employees. Ability to make effective presentations. Corporate Values: Open Communication Accountability Teamwork Fun Integrity Service Orientation Humility Pay Range:

USD $32.21 - USD $48.32 per hour Disclaimer:

Logix Federal Credit Union is an equal opportunity employer.

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