Loan Operations Representative

Minster Bank • Minster, OH

2d • Onsite

About The Position

The Loan Operations Representative is responsible for various clerical and operational responsibilities for the loan department. Other responsibilities include: Reviews loan packages for completeness of documents and compliance with bank policy, regulatory requirements and secondary market lending parameters. Maintains secondary market rate information by updating consumer rate sheets daily and updating logs. Responsible for operational aspect of selling loans on the secondary market. Balances various accounts, which will allow us to be compliant. Conducts compliance review on real estate loans. Completes various loan reports. Works with other employees and customers to help the loan department run efficiently and provide excellent customer service.

Requirements

• High School Diploma or general education degree (GED); or one to three months related experience/and or training; or equivalent combination of education and experience.
• Ability to read and write and comprehend simple instructions, short correspondence, and memos.
• Ability to calculate figures and amounts such as discounts, interest, commission, and percentages.

Responsibilities

• Reviews loan packages for completeness of documents and compliance with bank policy, regulatory requirements and secondary market lending parameters.
• Maintains secondary market rate information by updating consumer rate sheets daily and updating logs.
• Responsible for operational aspect of selling loans on the secondary market.
• Balances various accounts, which will allow us to be compliant.
• Conducts compliance review on real estate loans.
• Completes various loan reports.
• Works with other employees and customers to help the loan department run efficiently and provide excellent customer service.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED