Loan Operations Specialist
About The Position
The Loan Operations Specialist processes administrative tasks for the Bank’s Commercial Real Estate and Middle Market loan portfolios. The role includes setting up and processing new loans by reviewing documentation and entering data into the loan system. The specialist also provides ongoing loan operations support, evaluates loan payments and advances for inconsistencies, and may handle projects and other job-related duties. The position offers training in setting up simple and complex commercial loans, reviewing documentation, and entering information into the Bank’s core loan system. The standard schedule requires four days in the office and one remote day of the employee’s choosing, subject to manager approval.
Requirements
- College degree or equivalent work experience.
- Some commercial loan knowledge is preferred.
- Knowledge of general banking systems such as AFS, Finzly, and Savana.
- Attention to detail.
- Excellent verbal and written communication, organization, and time-management skills.
- Strong work ethic and sound judgment.
- Critical-thinking skills.
- Ability to work independently and collaboratively.
- Strong interpersonal skills.
- Proficiency in Excel.
- Passion and curiosity for continuously learning how technology, including AI, can enhance work.
- Minimum of 2 to 3 years of work experience in a banking-related industry is preferred.
Nice To Haves
- Commercial loan knowledge.
- Two to three years of experience in a banking-related industry.
Responsibilities
- Set up and process new loans, including reviewing documentation and entering data into the AFS loan system.
- Provide ongoing loan operations support, including processing Fed wires, loan payments, loan advances, invoice payments, and tax payments.
- Evaluate loan payments and advances for inconsistencies.
- Complete projects and other job-related duties as assigned.
- Learn to set up simple and complex loans, review loan documentation, and enter data into the core loan system.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
