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Loan Processing Specialist
2 months ago
JOIN OUR TEAM
If you are seeking a fulfilling career opportunity within a professional and enjoyable work atmosphere, WoodTrust Bank is the place for you. We value each associate and recognize the significance of every individual role in our success. We are currently in search of a motivated, detail-oriented individual for the position of Loan Operations Associate in our Wisconsin Rapids office.
WHY WE'RE UNIQUE
Did you know? With approximately $5 billion in client assets under management and $650 million in bank assets, WoodTrust stands as one of the largest privately owned, full-service financial institutions based in central and northern Wisconsin, catering to individual, family, corporate, and not-for-profit clients across 35 states. Our unwavering commitment to our core value, placing the customer as our top priority, has allowed WoodTrust to thrive as a quality, community-focused financial institution since its inception in 1891.
In addition to our dedication to fostering lifelong customer relationships, we strive to create an environment for our associates that promotes learning, growth, and success. We emphasize long-term hiring and encourage our team members to build their careers with WoodTrust.
POSITION SUMMARY
As a Loan Operations Associate, you will be tasked with various responsibilities related to the origination and servicing of commercial, mortgage, and consumer loans. This role requires meticulous attention to detail, strong analytical skills, and the ability to manage multiple tasks efficiently. The ideal candidate will demonstrate the capacity to work accurately in a deadline-driven environment, possess excellent verbal and written communication skills, and exhibit strong organizational abilities. Proficiency in a Windows environment and solid computer skills are also essential.
Key Responsibilities:
- Preparation of loan documentation, including loan estimates and closing disclosures.
- Onboarding all new loans and renewals.
- Reviewing files and tracking exceptions.
- Ordering flood determinations, verifications, appraisals, and title work.
- Processing various secondary market tasks.
- Filing and releasing liens such as MV-1, UCC filings, continuations, amendments, terminations, and mortgages.
- Timely typing of adverse action forms.
- Scanning loan files, credit card files, exceptions, insurance, and miscellaneous documents.
- Processing paid loan papers.
- Posting payments, making draws, advances, and construction draws.
- Closing out escrow accounts.
- Balancing official account statements monthly.
- Providing backup for all loan operational duties.
The candidate must enjoy engaging with people and be eager to interact positively with customers and colleagues alike. Understanding the team concept and functioning as a cohesive member of the team is crucial as we work towards shared objectives.
It is imperative to maintain the highest level of confidentiality regarding accounts and activities associated with the bank while upholding enthusiasm and customer awareness in all interactions.
EDUCATION AND EXPERIENCE
A high school diploma or general education degree (GED); or one to three years of relevant customer service experience and/or training; or an equivalent combination of education and experience.
WHY JOIN OUR TEAM?
If you aspire to work alongside talented professionals and grow within a private, family-owned organization, you would be an excellent addition to our team. WoodTrust aims to be an employer of choice, placing significant emphasis on personal and professional development.
This is a full-time position offering a great work-life balance with a standard work schedule. We provide competitive compensation, a comprehensive benefits package including medical, dental, vision, vacation, sick leave, and a generous 401(k) matching program, along with performance-based annual bonus opportunities.
WoodTrust is an Equal Opportunity Employer.