Credit Operations Associate

2 weeks ago


Kearney, United States Exchange Bank Full time
Job Overview

The Loan Operations Specialist plays a crucial role in supporting the credit operations of Exchange Bank. This position is essential for ensuring that all loan transactions are accurately processed and that both staff and customers receive the necessary assistance.

Key Responsibilities
  1. Loan Support: Provide comprehensive lending assistance across all branches.
  2. Regulatory Compliance: Familiarize yourself with and adhere to banking regulations, ensuring all credit files and loan documents meet compliance standards.
  3. Escrow Management: Oversee escrow accounts by preparing initial disclosures, updating disbursement amounts, and conducting escrow analyses.
  4. Collections Oversight: Manage the collection process, including charge-offs, bankruptcies, and foreclosures.
  5. Reporting Duties: Generate reports for various agencies and maintain accurate records of loan participations.
  6. Loan Documentation: Prepare and maintain all necessary loan closing documents.
  7. Insurance Program Management: Supervise the force-placed insurance program, ensuring compliance with flood regulations.
  8. Information Resource: Act as the primary point of contact for branch lending staff, providing essential information and support.
  9. Additional Duties: Assist Loan Processors as needed and engage in product sales and cross-selling opportunities.
Qualifications
  • High school diploma required; two years of experience in lending, leasing, or accounting preferred.
  • Associates or Bachelor's degree in Business or Banking is advantageous.
Skills and Abilities
  • In-depth knowledge of banking and lending operations.
  • Excellent communication skills for effective interaction with customers and colleagues.
  • Strong problem-solving abilities and a commitment to maintaining customer relationships.
  • Ability to prioritize tasks and manage multiple projects efficiently.
  • Understanding of accounting principles and real estate transactions.
Physical and Mental Requirements
  • Ability to lift up to 25 lbs.
  • Capability to sit for extended periods at a desk and computer.
  • Willingness to move between office locations as necessary.


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