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.
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