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Loan Processing Associate
2 months ago
About Triumph Financial
At Triumph Financial, we are dedicated to creating a positive impact in the lives of our clients and the communities we serve. Our team is composed of enthusiastic, collaborative, and solution-oriented individuals who strive to achieve excellence in customer service while fulfilling our mission of doing well and doing good.
Position OverviewThe Loan Operations Specialist plays a crucial role in managing and maintaining records of loans and leases within the bank's computer systems.
Key Responsibilities- Provide comprehensive servicing for various loan types, including Commercial, Equipment Finance, Mortgage, and Consumer loans.
- Input and verify new and renewed loan documentation to ensure compliance with quality standards.
- Calculate interest and principal payments, as well as payoffs for loans.
- Process loan payments, including participation remittances.
- Monitor and analyze reports to validate information accuracy.
- Reconcile multiple general ledger accounts.
- Oversee the bank's lender-placed insurance.
- Manage non-accrual and charge-off loans.
- Handle incoming wire transfers.
- Verify and resolve E-Oscar disputes.
- Maintain and manage escrow accounts.
- Process loans that have been paid in full and release associated collateral.
- Check in new consumer and mortgage notes along with collateral.
- Investigate and address customer inquiries regarding paid in full loans and collateral.
- Conduct monthly reporting and remittance to various investors.
- Support and promote the bank's sales culture and service principles.
- Perform additional duties as required.
- Preferred: Associate's Degree or equivalent combination of banking experience and education.
- Preferred: Six to nine months of banking or related experience.
- Strong attention to detail with excellent organizational capabilities.
- Proficient in Microsoft Word, Excel, and Outlook.
The characteristics of the work environment described here may be encountered while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
- Moderate noise levels typical of a business office with computers, phones, and printers.
- Ability to work in a confined workspace.
- Capability to sit at a computer for extended periods.
- Regularly required to stand, sit, talk, hear, and use hands to operate a computer keyboard and telephone.
- Specific vision abilities required due to computer work.
- Light to moderate lifting may be necessary.
- Consistent and predictable attendance is essential.
We offer a comprehensive benefits package including Medical, Dental, Vision, Paid Time Off, 401k, and more.