Experienced Loan Operations Analyst

2 weeks ago


La Crosse, Wisconsin, United States Coulee Bank Full time
Position Overview:
Coulee Bank is on the lookout for an experienced Loan Operations Analyst to join our dedicated team.

Your role will be pivotal in enhancing the profitability and expansion of Coulee Bank by delivering exceptional loan documentation and operational assistance to our banking professionals.

As a potential subject matter expert, you may also provide training to the loan operations team under the guidance of the Loan Operations Manager.

Ideal Locations:
We welcome candidates from various locations, including:
Wisconsin: La Crosse or Onalaska
Minnesota: Minnetonka or St. Paul.

About Coulee Bank:
Coulee Bank is a family-owned community bank with a rich history of outstanding service and strong ties to the communities we serve.

Our Mission:
To consistently do the right thing for our clients and colleagues. We offer a career in the financial sector with numerous opportunities for advancement. Our success is rooted in the quality and commitment of our team members.

We are dedicated to investing in your professional growth through ongoing training and development opportunities that enhance your skills and expertise in the financial industry.

A Day in the Life of a Loan Operations Analyst:
- Conduct credit bureau checks, flood determinations, and UCC searches, ensuring thorough research prior to loan closings.
- When necessary, arrange for appraisals, title work, and prepare closing statements while securing flood certifications and facilitating document signings.
- Review title documents for any requirements or issues that need addressing.
- Complete internal checklists to ensure compliance with regulations, internal policies, and procedures for detailed loan requests.
- Accurately input consumer non-real estate and business loan data into Credit Quest (Loan Underwriting Software).
- Prepare and review necessary loan documentation for closings and renewals in LaserPro (Loan Documentation Software), ensuring adherence to loan policy guidelines and regulatory compliance.
- Upload new and renewed loans, disburse loan proceeds, and perform required file maintenance on Jack Henry (Core System) in a timely manner.
- Ensure accurate and timely perfection of collateral to maintain the bank's lien position as per loan document requests.
- Set up monitoring systems for the receipt of collateral and financial documents.
- Organize and index loan files in Synergy (Document Storage System) promptly.
- Carry out departmental duties to maintain efficient workflow.
- Adhere to established security and internal control procedures to safeguard the bank's and customers' assets.
- Prepare releases of the bank's interest on paid-off loans and send notifications to customers.
- Verify accurate loan entries in Jack Henry (Core System).
- Review attorney-prepared loan documents for accuracy, regulatory compliance, and alignment with lender requirements, paying close attention to rates, terms, conditions, covenants, and guarantees.
- Undertake additional tasks, functions, or projects as assigned.

Compensation:
Hourly wage ranges from $23 to $28.



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