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The Loan Operations Specialist supports the daily functions of the Bank's Loan Operations Department, serving to support all commercial and consumer lending functions of the bank. The Loan Operations Department has the major functions of ensuring that the documents created for loan closings are correct and that all loan documents are exception free and the collateral is perfected. The Loan Operations Department also interfaces with the bookkeeping and proof-transit functions areas of the Bank to ensure that all transaction entries (payments, advances, new loan advances, general ledge entries, etc.) are performed correctly and that appropriate general ledger accounts are monitored and balanced.
In one year as a Loan Operations Specialist, you will know you were successful if you...
What we're looking for...
Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, and Merchants Mortgage, a division of Merchants Bank of Indiana.
PM20 #BK
Full Time
Consumer Services
$43k-56k (estimate)
09/03/2024
09/30/2024
mercapco.com
CHICAGO, IL
50 - 100
Private
$10M - $50M
Consumer Services
The job skills required for Loan Operations Specialist include Customer Service, Microsoft Office, Attention to Detail, General Ledger, Loan Origination, Communication Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Operations Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Operations Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Operations Specialist positions, which can be used as a reference in future career path planning. As a Loan Operations Specialist, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Operations Specialist. You can explore the career advancement for a Loan Operations Specialist below and select your interested title to get hiring information.