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Loan Operations Specialist

1 month ago


Silver Spring, Maryland, United States EagleBank Full time
Job Summary

We are seeking a highly skilled Loan Operations Specialist to join our team at EagleBank. In this role, you will be responsible for setting up new loans, modifications, renewals, and extensions into our core system, ensuring timely and accurate processing.

Key Responsibilities
  • Review incoming closed loans to determine necessary documents and data
  • Book new, renewals, modifications, and loan extensions into IBS, extracting necessary information to properly set up loans
  • Create customer records, loan accounts, notes, and commitment records
  • Tie guarantor, BOC relationships, and collateral to loan and customer records
  • Process account maintenance and email requests, requiring research and document review
  • Create tickler and process same
  • Review and process daily reports, including rejected items, auto debit/ACH, change of address, and daily transactions
  • Prepare monthly reports, including formatting, organizing, and delivery
  • Process loan payments and payoffs
  • Mail loan statements/notices daily
Requirements
  • High School Diploma or equivalent
  • Minimum 3 years of loan servicing, loan documentation, or related job experience in the financial industry
  • Knowledge of Microsoft Office products, preferably proficient in MS Excel and MS Word
  • Familiarity with General Ledger balancing and common banking transactions
  • Knowledge of FIS/IBS bank core system or other similar banking system
Preferred Qualifications
  • Completion of specialized banking or finance courses

We are an equal opportunity employer and welcome applications from diverse candidates. If you are a motivated and detail-oriented individual with a passion for finance, we encourage you to apply for this exciting opportunity.