Demo

Loan Operations Specialist

North American Banking Company
Woodbury, MN Full Time
POSTED ON 12/10/2024 CLOSED ON 1/13/2025

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

Irrigation Specialist
Tribal Operations -
Prior Lake, MN
Therapeutic Specialist Early Childhood
Tribal Operations -
Prior Lake, MN
Senior Inventory Control Specialist
STERIS - Operations -
Rogers, MN

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Loan Operations Specialist?

Sign up to receive alerts about other jobs on the Loan Operations Specialist career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$47,821 - $64,592
Income Estimation: 
$52,761 - $67,556
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$49,531 - $67,648
Income Estimation: 
$52,761 - $67,556
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$61,226 - $82,724
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$52,761 - $67,556
Income Estimation: 
$61,226 - $82,724
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$42,797 - $54,145
Income Estimation: 
$44,019 - $55,275
Income Estimation: 
$47,821 - $64,592
Income Estimation: 
$49,531 - $67,648
This job has expired.
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Not the job you're looking for? Here are some other Loan Operations Specialist jobs in the Woodbury, MN area that may be a better fit.

Warehouse Operations Specialist

Advanced Operations Partners, Minneapolis, MN

Realty Specialist

Tribal Operations, Prior Lake, MN

AI Assistant is available now!

Feel free to start your new journey!