Loan Operations Specialist I

SUMMARY

Responsible for timely and accurate boarding of loans to the bank's core system, processing of loan account maintenance, processing of loan advances & loan payments on the bank's core system, remittance of participation transactions and settlement, processing of non-accrual & charge off loan transactions, daily account reconciliation, and processing of un-posted loan transactions.

SPECIFIC JOB DUTIES
Boards all loan types to the bank's core system, as well as processes modifications and renewals to existing loans
Review loan documentation post-closing to verify all required documents have been received and signed
Processes advances, loan payments, and loan maintenance by either preparing necessary paper transactions, or direct input to the bank's core system
Handles all rate swap correspondence with customers and originator, as well as wires for rate swap payments
Process participation transactions, and correspond with participant banks as needed
Completes credit confirmation inquiries
Handles recordation of mortgages and UCC filings for new collateral to ensure proper lien perfection of bank's collateral
Responsible for initial input of loan file ticklers and exceptions
Balances various general ledger accounts
Mail daily loan notices and statements to clients
Responsible for gathering internet payment information from Dimension and Check Free and posting to loans
Works daily reports produced by the bank's core system
Handles processing of daily unposted items
Processing of loan account risk rating changes, accrual changes, and charge off entries
JOB REQUIREMENTS

Associate's Degree or Bachelor's Degree in a Business or Finance related field
1 (one) to 2 (two) years of loan operations experience
Strong understanding of loan application policies and procedures, as well as documentation required by federal and state regulations
Strong working knowledge of other departments, as they relate to loan operations
Strong interpersonal communication
Strong organizational and time management skills
Strong computer, keyboard, and software application (Microsoft Word and Excel) skills

Equal Opportunity Employer/Veterans/Disabled