What are the responsibilities and job description for the Loan Operations Specialist position at CommerceOne Bank?
The Loan Operations Specialist builds loan files and ensures their completeness and accuracy. This includes verifying proper lending authority and levels, consumer loan document preparation, exception tracking, and booking loans into the system according to terms provided.
Major Job Duties
1. Prepare loan documents for consumer and commercial transactions (real estate and non-real estate)
2. Review attorney-prepared loan documents
3. Examine title work on real estate transactions
4. ACH/AFT system setup
5. Collateral perfection (Mortgage, UCC, title, etc)
6. Processing loan closing fees
7. Funding loan advances and new loans
8. Imaging documents
9. Other duties may be assigned.
Qualifications
· Minimum of 3 years’ loan operations experience
· Familiarity with consumer and commercial loan requirements
· Knowledge of consumer loan regulations
· Experience with Jack Henry and Xperience strongly preferred
· Ability to research and resolve issues related to loans
· Proficient with MS Office
· Strong attention to detail and accuracy, as demonstrated in previous experience
· Experience balancing multiple priorities and coordinating efforts with clients and colleagues
· Excellent communication skills, with experience interacting with internal and external customers
CommerceOne Bank is an Equal Opportunity Employer and does not tolerate harassment of any kind.