What are the responsibilities and job description for the Loan Operations Specialist position at Thread Bank?
Job Type
Full-time
Description
About the role
The Loan Operations Specialist ensures that all processes related to loan servicing are efficiently carried out and that the loans are in compliance with banking regulations.
Essential Duties
- Administering and managing borrower loan accounts after disbursement
- Performing detailed loan file audits
- Ensuring compliance with banking laws, regulations, and company policies
- Providing customer service, answering inquiries, and resolving issues related to loans
- Loan funding for programs
- Paid Note Processing
- Escrow Disbursements & Monitoring
- Trailing Document & Exception Tracking
- Other duties as assigned
Requirements
Working Conditions
This role will typically be performed in an office-based setting. The noise level in the work environment(s) is relatively quiet.
Cognitive and Physical Demands
Daily / consistent : remaining stationary, computer work, keyboarding, typing, wrist flexing / extension and other repetitive.
EEO Statement
Thread Bank is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Thread Bank are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, sex, sexual orientation, gender identity, national origin, veteran or disability status, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Thread Bank will not tolerate discrimination or harassment based on any of these characteristics. Thread Bank encourages applicants of all ages.