Loan Operations Specialist II

STRIDE BANK NATulsa, OK
Onsite

About The Position

The Loan Operations Specialist II is responsible for all post-closing loan servicing functions executed and overseen by the department. Supports commercial loan production teams through courteous, timely, and accurate servicing of the commercial loan portfolio.

Requirements

  • Bachelor's degree in Business Administration, Finance, or related field, or minimum 5 years’ equivalent work experience, required.
  • 3-5 years’ experience in financial institution producing commercial, agriculture, consumer, and mortgage lending, required.
  • Extensive administrative or professional experience in a relevant field that provides the background and experience necessary to guide the Bank’s commercial lending portfolio servicing activities in a financially safe and sound manner.
  • Thorough knowledge of commercial, agriculture, mortgage, and consumer lending practices.
  • Thorough understanding of loan documentation criteria and business objectives.
  • Ability to read, comprehend, and evaluate detailed and complex loan documents.

Responsibilities

  • Works directly with the loan production officers and assistants to aid in servicing of the commercial loan portfolio.
  • Identifies, tracks, and communicates loan exceptions, as needed.
  • Loads loan to the core system once signed.
  • Perfects collateral.
  • Accepts and posts loan payments.
  • Provides payoffs and release collateral on paid off loans within the regulatory timeline.
  • Maintains escrow payments and annual analysis.
  • Responds to and assists customers with questions on their existing loans.
  • Performs other duties as assigned.
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