What are the responsibilities and job description for the Loan Operations Specialist position at ThisWay Global?
Our partner is looking for a Loan Operations Specialist in Bettendorf, IA. The Loan Operations Specialist is responsible for maintaining accurate records of loans and leases within the bank's computer system(s).
Responsibilities
Responsibilities
- Provide servicing for all types of loans including Commercial, Equipment Finance, Mortgage, and Consumer
- Input and ensure new and renewed note information meets quality standards
- Compute interest, principal payments, and payoffs on loans
- Process loan payments, including participation remittances
- Monitor various reports to ensure information accuracy
- Reconcile various general ledger accounts
- Maintain the bank's lender-placed insurance
- Process non-accrual/charge-off loans
- Process incoming wires
- Verify and correct E-Oscar disputes
- Maintain escrow accounts
- Process paid-in-full loans and release collateral
- Check in new consumer and mortgage notes and collateral
- Research and resolve customer inquiries, including paid-in-full loans and collateral
- Perform monthly reporting and remittance to various investors
- Promote and implement the bank's sales culture and service philosophies
- Perform other duties as assigned
- Associate Degree preferred, or a combination of banking experience and/or degree
- At least six to nine months of banking or related experience preferred
- Detail-oriented with strong organizational skills
- Solid knowledge of Microsoft Word, Excel, and Outlook
- Reasonable accommodations for individuals with disabilities to perform essential functions
- Moderate noise work environment (e.g., business office with computers, phone, and printers, light traffic)
- Ability to work in a confined area and sit at a computer terminal for extended periods
- Occasional stooping or kneeling may be necessary
- Regular standing, sitting, talking, hearing, and using hands and fingers to operate a computer keyboard and telephone
- Specific vision abilities required due to computer work
- Light to moderate lifting required
- Regular, predictable attendance required
