Loan Operations Specialist

Summary: The Loan Operations Specialist position encompasses compliance with internal bank and regulatory policies and procedures. The position is responsible for both pre and post close review and monitoring of loan files and related lending items. This includes review of loan documents, review of loan bookings, review requests for proper loan documentation, review and input data for HMDA and provide input to loan operations of loan documents released for closing. Serve as a liaison between loan assistants and lenders in order to maximize the productivity and effectiveness for loan closings.

Essential Duties and Responsibilities:

• Performs basic to complex pre and/or post-closing reviews following the Bank’s guidelines and procedures
• Review files for scanning accuracy and identify potential compliance issues maintaining records and files are in accordance with bank policies, procedures and standards.
• Review all collateral is perfected correctly and scanned.
• Reviews completion of paid loan files is timely and in accordance with regulations.
• Review Loan Documentation prior to closing and loan bookings to the core system.
• Assist loan assistants and officers for complete documentation packages with required compliance items.
• Review data for HMDA related applications and input data in the LAR.
• Comply with BSA and Compliance standards for the Bank as defined in the BSA and Compliance policies.
• Provide professional customer service by greeting and directing customers and visitors.
• Communicate and effectively work in harmony with all staff.
• Maintains a thorough understanding of a variety of operational procedures and regulatory compliance by reading periodicals, attending classes, developing and understanding of various subjects such as: certificates of deposit, legal ownership of accounts, IRS rules and regulations and loan policy.

Please note this job description is not designed to cover or contain a comprehensive listing of

activities, duties or responsibilities that are required of the employee for this job. Duties,

responsibilities and activities may change at any time with or without notice.

Supervisory Responsibilities: This is a non-supervisory position.

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Loan Operations Other Skills and Abilities:

Other Qualifications: Customer focused individual with knowledge of bank products and processes. Knowledge of loan products is necessary. Knowledge of loan documentation platforms/systems. Ability to function effectively and efficiently as a team member. Able to handle and resolve most problems and exceptions in an independent manner. Demonstrated follow through skills.

Education and/or Experience: Associate’s degree (A.A.) or equivalent from two-year college or technical school; and 2 years related experience and/or training; or equivalent combination of education and experience.

Language Skills: Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.

Mathematical Skills: Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

Reasoning Ability: Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Computer Skills: Ability to use a personal computer. Knowledge of software products in Microsoft Office.

Physical Demands: Ability to lift under 1/3 of the time up to 25 pounds. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment: Moderate noise (examples: business office with computers and printers, light traffic). The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

First FarmBank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, marital status, or any other characteristic protected by federal, state or local laws.

Job Type: Full-time

Pay: $20.00 - $26.00 per hour

Expected hours: 40 per week

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Experience:

• Loan Documentation Review: 2 years (Required)
• Loan Quality Control: 2 years (Required)
• Pre and Post Closing Review: 2 years (Preferred)

Ability to Commute:

• Greeley, CO 80634 (Required)

Ability to Relocate:

• Greeley, CO 80634: Relocate before starting work (Required)

Work Location: In person

Salary : $20 - $26