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Loan Operations Specialist

2 months ago


Louisville, Kentucky, United States Stock Yards Bank & Trust Full time

As a Loan Operations Specialist at Stock Yards Bank & Trust, you will engage in a variety of tasks related to the establishment and management of consumer and commercial loans, letters of credit, and leasing agreements.

Key Responsibilities

Your daily activities will encompass a wide range of duties, including but not limited to the following:

  • Setting up systems for new and renewed consumer and commercial loans, letters of credit, and lease agreements.
  • Processing and reconciling payments and disbursement transactions related to finalized loans, letters of credit, and leases.
  • Handling specialized processes for International Letters of Credit, Corresponding Banking, SWAPS, Participation, Syndications, and more.
  • Reviewing loan documentation in finalized packages for completeness, maintaining application systems, and ensuring compliance with regulatory and bank policies through post-audit processes.
  • Addressing and updating all exceptions in loan documentation within the system.
  • Delivering exceptional service quality with significant interaction with internal stakeholders.
  • Performing additional duties as assigned.
  • Making informed decisions within the guidelines established by the Loan Operations Department.
  • Collaborating closely with all team members in Loan Operations.
Qualifications

The ideal candidate will possess the following qualifications:
  • A high school diploma or equivalent is required.
  • Experience in banking, specifically in loan processing, is essential.
  • Strong attention to detail is necessary.
  • Effective communication skills with both internal and external customers, colleagues, and management.
  • High organizational skills with a focus on accuracy and detail.
  • Excellent interpersonal abilities to manage sensitive matters with tact and discretion.
  • Familiarity with Premier Navigator is preferred.
Benefits
  • 401(k) plan with a company match of up to 6%.
  • Employee Stock Ownership Plan (ESOP) match.
  • Comprehensive medical, dental, and vision insurance.
  • Cancer and disease insurance options.
  • Accident insurance coverage.
  • Flexible Spending Accounts and Health Savings Accounts.
  • Bank-paid Life and Accidental Death & Dismemberment (AD&D) insurance.
  • Voluntary Life and AD&D insurance options.
  • Bank-paid Short-Term and Long-Term Disability insurance.
  • Employee Stock Purchase Plan.
  • Employee Assistance Program.
Physical Requirements

The physical demands outlined here represent those that must be met by an employee to successfully perform the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

This position requires prolonged sitting, with limited walking and standing. All work is conducted indoors during regular business hours, with a moderate noise level in the work environment.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.