What are the responsibilities and job description for the Loan Operations Specialist position at North American Banking Company?
North American Banking Company has been serving Twin Cities communities since 1998, help us continue to build new and lasting personal and business relationships as a Loan Operations Specialist in our Woodbury branch.
Job Responsibilities
This job supports our commercial and retail lending staff and is responsible for the following:
· Order and review credit reports, flood determinations, UCC searches, O&E reports, title commitments.
· Prepares necessary retail and commercial loan documentation through Laser Pro software. This includes new, renewed and modified documents for commercial and consumer loans. Loan types include secured and unsecured loans, lines of credit, construction loans, letters of credit, and participation loans.
· Inputs loans on Navigator software ensuring accuracy and completeness in required fields.
· Organizes commercial and retail online files and follows up with any missing documentation items.
· Ensure collateral liens are recorded and received.
· Process requests for loan advances, payments, wire transfers, payoffs and payments from escrow accounts.
· Update ticklers for financial information received.
· Maintains updated certificates of insurance.
· Performs file maintenance review.
· Processes paid notes including the release of collateral liens.
· Conducts bi-annual audit of the collateral box.
· Manages the payment of escrow accounts for insurance and property taxes.
· Provides excellent customer service to internal and external clients.
· Handle special department projects as assigned.
Successful candidates will have:
· Experience with Laser Pro software, preferred
· Experience with Navigator software, preferred
· Demonstrated organizational skills with the ability to prioritize multiple tasks while maintaining strong attention to detail.
· Excellent oral and written communication skills.
· Knowledge of applicable bank compliance policies; Bank Secrecy Act, Flood, Fair Credit Act, Regulation E, Regulation DD, Regulation Z, TRID, RESPA and HMDA.
What's important to us at North American Banking Company is a happy customer. To that end, when we look for a new employee, we're looking for honesty, creativity, integrity, and exceptional client service skills. If you fit that description, you've come to the right place. As a member of the North American Banking Company team, you will find a unique environment where employees are encouraged to express creativity, participate in decision-making processes, and develop skills. You will be rewarded for hard work and dedication.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, disability, protected veterans, age, marital status, familial status or status with regard to public assistance, or any other characteristic protected by law. North American Banking Company encourages veterans, people with disabilities, and minorities to apply for employment.
Job Type: Full-time
Pay: Up to $25.00 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
Schedule:
- 8 hour shift
Work Location: In person
Salary : $25