Loan Operations Specialist IV

Cadence Bank • Tupelo, MS

83d

About The Position

Flood Specialists are members of the Central Loan Operations Servicing area and are responsible for assisting with the day-to-day servicing and monitoring of properties that are located in a special flood hazard area. The Flood Specialists will also be responsible for assisting the branch personnel and other areas of the bank with any flood related questions and issues.

Requirements

• High School Diploma.
• Preferred College degree or applicable work experience.
• Good organizational and analytical skills.
• Detail Oriented.
• Understanding of loan products and functionality.
• Professional written and oral communication skills.
• Ability to complete processes and meet deadlines.
• Basic knowledge of lending processes and procedures and loan documentation.
• Ability to operate standard computer and office equipment.
• Ability to adapt to changing environments as workflow is adjusted for regulatory and workflow changes.
• General knowledge surrounding escrow and insurance preferred.

Responsibilities

• Provide administrative and/or operational support within or more of the following loan areas: Pre Closing, Post Closing, or Servicing.
• Work with Lending Staff in resolving flood discrepancies.
• Perform flood insurance calculations.
• Review loan documentation and various systems to insure compliance with the flood regulation.
• Maintain knowledge of the flood and escrow requirements pursuant to loan policy and federal regulations.
• Review Private Flood Policies to comply with the Private Flood Insurance Rule.
• Collaborate with management and various vendors to resolve flood discrepancies.
• Work with Quality Control to insure controls are in place.
• Understand and follow general loan policy.
• Work with Management and other departments to implement procedures, processes, and controls when regulation changes.

What This Job Offers

• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED