What are the responsibilities and job description for the Loan Operations Specialist position at Enterprise Bank of South Carolina?
The position of Loan Operations Specialist is responsible for providing operational and administrative support for the banks’ lending function. This person must be detail oriented and be able to complete task in a timely and efficient manner. Must possess good technical ability and be proficient in Outlook, Word, and Excel applications along with establishing proficiency with the bank’s core system and loan documentation platform. This person must have a strong sense of urgency with regard to day-to-day responsibilities, given or impromptu task arising out of internal or external service issues or concerns. Must be able to retain information and make satisfactory steps in growing and taking ownership of their position in the department.
Job Duties and Responsibilities:
- Demonstrates knowledge of bank regulations pertinent to lending.
- Processes all new, renewed and extended loans in the bank’s core operating systems.
- Prepares new loan file or organization of existing loan file.
- Processes and posts sold and purchased participation loan payments as received.
- Assists with requests during audits and exams.
- Prepares loan files and assists with filing documents in existing loan files.
- Daily payment processing as needed.
- Cross-trains in all functions of Loan Operations as assigned by Supervisor. Provides a high level of customer service when responding to inquiries both internal and external, provides necessary resolution as appropriate.
- Processes paid out loan files
- Monitors insurance and collateral tracking
- Assists with general ledger transactions and balancing
- Assists in the daily scanning of loan and financial documents
- Other duties and/or projects as assigned
Summary
As a Loan Operations Specialist, you will be integral to the loan processing team, ensuring efficient and accurate handling of loan applications. Reporting to the Loan Operations Manager, you will utilize your core skills in loan processing and TILA compliance, while leveraging premium skills in underwriting and mortgage servicing. Your expertise in financial services and fair housing regulations will support our commitment to responsible lending practices. Proficiency in Microsoft Excel and Outlook will aid in managing documentation and communication effectively, contributing to the overall success of our lending operations.
Job Type: Full-time
Pay: From $21.00 per hour
Expected hours: 40 per week
Benefits:
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
Work Location: In person
Salary : $21
