Loan Operations Manager
3 weeks ago
The Symicor Group is seeking a skilled Loan Operations Manager to join their team in the Chicago, IL area. The ideal candidate will have a thorough understanding of commercial and consumer loan products and services, as well as knowledge of banking-related laws and regulations.
The Loan Operations Manager will be responsible for the overall performance of daily functions associated with processing and servicing commercial, consumer, and residential mortgage loans. This includes monitoring all functions for compliance with company policies and procedures, as well as implementing new processes to comply with federal and state regulations.
The successful candidate will have a college degree in business, business administration, finance, or a related field, and will possess strong time management skills, be well-organized, and able to multitask. Proficiency in Microsoft Word, Excel, and Outlook is also required.
This is a competitive salary of up to $90K and a full benefits package. The position is not remote.
Key Responsibilities:
- Responsible for the overall performance of daily functions associated with processing and servicing commercial, consumer, and residential mortgage loans.
- Monitoring all functions for compliance with company policies and procedures.
- Implementing new processes to comply with federal and state regulations.
- Conducting escrow analysis and paying real estate taxes in conjunction with escrowed accounts.
- Responsible for quality control of loan files.
- Reviewing system reports and ensuring general ledger accounts are balanced daily.
- Offering support to loan servicers with their daily responsibilities.
- Helping train new employees.
Requirements:
- College degree in business, business administration, finance, or a related field.
- Thorough understanding of commercial and consumer loan products and services.
- Knowledge of banking-related laws and regulations.
- Complete knowledge of loan processing and servicing functions, and related requirements and procedures.
- Experience with FIS and Laser Pro is a plus.
- Effective verbal and written communication skills.
- Strong time management skills, well-organized, and able to multitask.
- Proficiency with Microsoft Word, Excel, and Outlook.
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