Loan Reconciliation Settlement Analyst

THREAD BANK • Rogersville, TN

1d

About The Position

Thread Bank is a digital-first financial technology community bank that aims to enhance customer engagement through innovative solutions. Thread Bank offers a modern website, a CRM system, and a mobile app to simplify banking for businesses and individuals. Our embedded banking solution helps business technology platforms provide secure banking experiences. We also partner with other banks, credit unions, and FinTechs to integrate compliant financial solutions. Thread Bank values innovation, collaboration, and flexibility, offering excellent benefits and a family-friendly culture.

We are looking for people who thrive in a fast-paced, growth environment while remaining within regulatory boundaries. Thread Bank provides a unique opportunity to be a part of a high growth, cutting edge, fintech startup within the stable and profitable banking industry. This is an excellent opportunity for a professional looking to advance their career as the company grows.

Requirements

• 1-3 years banking experience in Loan Operations, Accounting, or Servicing
• Strong Microsoft Office/Excel proficiency; adaptable to new systems
• Ability to work independently in fast-paced environment while collaborating cross-functionally

Nice To Haves

• Bachelor's degree preferred or equivalent experience

Responsibilities

• Administer and maintain loan accounts post-purchase with accurate setup, servicing, and balance reconciliation
• Support loan boarding processes including data validation and reconciliation to purchase agreements
• Perform loan file audits and quality control reviews for compliance with standards
• Coordinate loan funding, sales, payoffs, and account closures with regulatory compliance
• Execute reconciliations and reporting for data integrity and financial reporting
• Focus on accuracy and documentation
• Utilize excellent written/verbal skills for documenting and explaining findings
• Actively use critical thinking to identify exceptions and coordinate resolution and problem solve

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree