Loan Operations Specialist

Exchange Bank
Lincoln, NE, US
Full-time

Job Description

Job Description

Loan Operations Specialist

M-F 40 hours per week

On-site in one of our Nebraska Locations

The Loan Operations Specialist will provide support to the overall credit function by assisting bank lending staff with ensuring loans are on servicing system correctly and answer any questions staff or customer may have.

Provide Lending support to all branches.

Follow rules and regulations

Become familiar with rules and regulations concerning loans and general banking rules

Review credit files and loan documentation for compliance of all regulations

Maintain checklists

Maintain and review escrow accounts

Prepare initial escrow disclosures

Update escrow disbursement amounts

Disburse escrow to payees

Run escrow analysis

Maintain collection process

Process charge off / non accrual request

Bankruptcy

Foreclosures

1099-C reporting

Legal Fee

Subpoenas

Prepare all loan closing documents including modifications

Reporting

Report and remit Credit Life and Accident / Health Insurance

Process and maintain loan participations, including Nebraska Energy Loan

Reporting to Small Business Administration, Farm Service Agency and other institutions

National Credit Reporting Repositories

Boarding mortgage loans to servicing systems

Maintaining all loan records on the servicing system

Oversee force place insurance program

Review monthly all flood positives and flood loans

Serve as primary information source for branch lending staff

Serve as backup for Loan Processors.

Performs additional job-related duties as assigned or required. May also seek product sales and cross selling opportunities and referrals.

Knowledge / Skill / Ability Requirements

Knowledge of Bank Lending and Leasing functions

Strong communication skills to effectively interact with personnel and customers

Proven performance in problem solving and in maintaining / building customer relationships

Maintain integrity in all areas, adhering to policies, regulations and utmost ethical standards

Working knowledge of accounting principles, real estate transactions and terminology, lending procedures and Uniform Commercial Code.

Uphold confidentiality and employee and customer privacy in all situations

Demonstrate ability to prioritize and handle multiple projects

Remain flexible to withstand unpredictable changes to schedules and deadlines

Physical / Mental Requirements :

Ability to lift and / or move up to 25 lbs.

Sit at a desk and computer terminal for extended time periods

Move around within office and between bank locations to appropriately interact with all personnel

Eligibility Requirements (Minimum Qualifications)

High school diploma with a preference of two years experience with lending and leasing or accounting area within the banking industry.

Associates or bachelors Degree in Business and / or Banking is preferred.

hc145964

3 days ago
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