Commercial Loan Operations Specialist

Coulee Bank • Onalaska, WI

206d • $21 - $28 • Onsite

About The Position

Coulee Bank is seeking an energetic, positive, subject matter expert to provide training to our loan operations department as a Loan Operations Specialist. The ideal candidate will possess a strong commercial background and help contribute to the profitability and growth of Coulee Bank by providing high quality loan documentation and operational support. May be asked to serve as a subject matter expert or provide support to the loan operations department on behalf of the Loan Operations Manager. The ideal candidate will report out of any of the following locations: Minnesota: Minnetonka or St. Paul OR Wisconsin: La Crosse or Onalaska. ** IMPORTANT: Must be able to commute to local office weekly, this is not a fully remote position. **

Requirements

• Bachelor's Degree (B.A.) from a four-year college or university; two-three years related experience and/or training; or an equivalent combination of education and experience.
• Prior banking experience with knowledge of applicable banking regulations or policies; The BSA, Regulation Z, RESPA, HMDA, Fair Lending preferred.
• Prior experience in commercial loan documentation is preferred.
• Prior knowledge of Jack Henry Silverlake, CreditQuest and LaserPro is preferred.
• Proficient in the use of Microsoft products (Outlook, Teams, Word, Excel, etc.).
• Excellent verbal and written communication skills, and ability to effectively present information and respond to questions from groups of managers, internal staff and customers.

Responsibilities

• Pulls Credit Bureau reports, flood determinations, and conducts necessary searches and research prior to loan closing.
• Order appraisal, title work, works with Loan Operations Specialist to prepare closing statements, obtain flood certifications, and facilitate document signing.
• Inputs consumer non-real estate and business loan data into Credit Quest (Loan Underwriting Software) ensuring accuracy and completeness in required fields.
• Uploads new and renewed loans, disbursing loan proceeds, and performance of any other required file maintenance on Jack Henry (Core System) accurately and timely.
• Perfect collateral accurately and timely to ensure banks lien position based on instruction outlined in request for loan documents.
• Set up ticklers to monitor receipt of collateral and financial documents.
• Prepare and index loan files in Synergy (Document Storage System) promptly.
• Verify loan is accurately put on Jack Henry (Core System).
• Prepare and review appropriate loan documentation for respective closing and/or renewals in LaserPro (Loan Documentation Software) accordance with loan policy guidelines and compliant with regulatory requirements.
• Acquire departmental duties as required to maintain adequate workflow.
• Work with team to release bank's interest on paid off loans and sends paid letters to customers.
• Review title work for any requirements or issues that need to be addressed.
• Complete internal checklists ensuring compliance with regulations, internal policies and procedures with high detail loan requests.
• Follow all established security and internal control procedures to protect the assets of the Bank and its customers.
• Perform other tasks, functions or other projects as assigned.

Benefits

• 10 paid holidays a year
• 401K Match
• Profit Sharing
• $300 Health and Wellness Reimbursement
• $100 Coulee Clothing Attire
• Tuition Reimbursement
• Paid Volunteer Time

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree