What are the responsibilities and job description for the Loan Operations Specialist position at Border Bank?
We're hiring a Loan Operations Specialist at Border Bank! This position may office at any of our current Border Bank locations in Fargo, North Dakota, Badger, Baudette, Clearbrook, Coon Rapids, Greenbush, International Falls, Middle River, Roseau, or Thief River Falls, Minnesota.
The Loan Operations Specialist will report directly to the Loan Operations Manager. The primary responsibilities of this position will be focused in one of three areas: pre-closing and processing, post-closing and servicing, or loan operations and accounting. This position will cross-train on duties within the other two areas to serve as a back-up within the department.
Loan Operations Specialist Accountabilities:
- Assist lenders by verifying and requesting any pre-closing due diligence documents needed.
- Process loans while ensuring perfection of the bank's lien position and assisting lenders in providing excellent and timely customer service.
- Upload and fund loans once documents are signed and ensure loan is uploaded correctly.
- Complete post-closing review of loan files to include the addition of ticklers and quality assurance.
- Monitor loan files for completeness on an ongoing basis using the tickler system.
- Provide ongoing loan servicing for all uploaded loans.
- Complete quality assurance on any post-closing loan servicing.
- Work on monthly, quarterly, and annual loan file projects.
- Complete loan accounting duties such as GL balancing, participation accounting, loan status changes, and review of loan payments.
- Create and submit reporting for various agencies and management, pulling data from the core banking system and gathering data for business analytics.
- Assist operations in various projects and tasks related to loans.
Loan Operations Specialist Education and Experience:
- Prefer a 2-year degree or completion of equivalent specialized training.
- Prefer 3-5 years of experience or training in a related position.
Border Bank Employee Benefits:
- Paid Time Off & Paid Holidays
- Childbirth Recovery Leave & Parental Leave
- Health, Dental, & Vision Insurance
- Flexible Spending Account HSA Employer Contribution
- 401(k) Employer Match
- Bank paid Life Insurance & Long-Term Disability
- Globe Life - Accidental Injury Insurance, Heart and Stroke Insurance, Cancer
- Insurance, Intensive Care Insurance
- Colonial Life - Hospital Indemnity Insurance, Critical Illness Insurance, Cancer
- Insurance, Accident Insurance, Life Insurance, Disability Insurance
- Employee Assistance Program (EAP)
- Wellness Dollars
- Verizon Discount
- Border Points (Community Involvement)
- Border Bank Gear
- Education Assistance and more!
Applications will be accepted until the Loan Operations Specialist position is filled.
Salary : $21 - $32
