Senior Loan Operations Specialist
3 weeks ago
Coulee Bank is seeking a highly skilled and experienced professional to join our team as a Senior Loan Operations Specialist. This role requires a strong commercial background and the ability to provide high-quality loan documentation and operational support.
Key Responsibilities:
- Pull credit bureau reports, flood determinations, and conduct necessary searches and research prior to loan closing.
- Order appraisal, title work, prepare closing statements, obtain flood certifications, and facilitate document signing.
- Review title work for any requirements or issues that need to be addressed.
- Complete internal checklists ensuring compliance with regulations, internal policies, and procedures with high detail loan requests.
- Input consumer non-real estate and business loan data into Credit Quest (Loan Underwriting Software) ensuring accuracy and completeness in required fields.
- Determine, prepare, and review appropriate loan documentation for respective closing and/or renewals in LaserPro (Loan Documentation Software) accordance with loan policy guidelines and compliant with regulatory requirements.
- Upload new and renewed loans, disbursing loan proceeds, and performance of any other required file maintenance on Jack Henry (Core System) accurately and timely.
- Perfect collateral accurately and timely to ensure banks lien position based on instruction outlined in request for loan documents. Set up ticklers to monitor receipt of collateral and financial documents.
- Prepare and index loan files in Synergy (Document Storage System) promptly.
- Perform departmental duties as required to maintain adequate workflow.
- Follow all established security and internal control procedures to protect the assets of the Bank and its customers.
- Prepare releases of bank's interest on paid-off loans and send paid letters to customers.
- Verify loan is accurately put on Jack Henry (Core System).
- Review attorney-prepared loan documents for accuracy, regulatory compliance, and adherence to lender's requirements, with attention paid to rates, terms, conditions, covenants, guarantees, etc.
Requirements:
- Bachelor's Degree (B.A.) from a four-year college or university; three to five years related experience and/or training; or an equivalent combination of education and experience.
- Prior banking experience with knowledge of applicable banking regulations or policies; The BSA, Regulation Z, RESPA, HMDA, Fair Lending required.
- Prior experience in commercial loan documentation is preferred.
- Prior knowledge of Jack Henry Silverlake, CreditQuest, and LaserPro is preferred.
- Proficient in the use of Microsoft products (Outlook, Teams, Word, Excel, etc.).
- Excellent verbal and written communication skills, and ability to effectively present information and respond to questions from groups of managers, internal staff, and customers.
Compensation: The likely salary range for this position is $28.00 - $35.00 per hour, this is however, not a guarantee of compensation or salary. Salary will be determined based on experience and could fall outside of this range.
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