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Loan Operations Specialist

Ensure all loan transactions are accurately recorded and compliant with regulations
Minnesota, United States
Junior
$45,000 – 65,000 USD / year
18 hours agoBe an early applicant
GPAC

GPAC

A recruiting firm specializing in connecting professionals with career opportunities in various industries across the United States.

Loan Operations Specialist

Join our dynamic team as a Loan Operations Specialist, where you will play a crucial role in ensuring the accuracy and efficiency of our loan process. Your attention to detail and problem-solving skills will be essential in performing loan research, resolving issues, and processing loan payoffs.

Essential Job Duties:

  • Accurately book new loans, renewals, modifications, letters of credit, and guidance lines of credit.
  • Handle the booking of new SBA loans and ensure compliance with 1502 reporting to the FTA.
  • Scan loan files and conduct thorough post-closing loan reviews.
  • Post payments, draws, and principal reductions with precision.
  • Edit loans booked to the loan platform for accuracy and manage participation loan processing for both purchased and sold loans.
  • Clear loan unposted transactions and address general loan questions and research.
  • Balance loan general ledger clearing accounts and execute the recording/release of applicable documents.
  • Maintain and report on document exception tracking.

Required Skills and Competencies:

  • Minimum of three years in Loan Operations.
  • College degree in a business-related field.
  • Excellent written and verbal communication skills for effective interaction with internal and external clients.
  • Strong ability to independently identify, analyze, and resolve technical problems related to the Bank's automated loan systems.

Why Join Us?

  • Be part of a forward-thinking team that values innovation and continuous improvement.
  • Opportunities for career advancement and professional development.
  • Work in a supportive and collaborative environment where your contributions are valued.

Submit your confidential resume to karen.smith@gogpac.com

All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.

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Loan Operations Specialist
Minnesota, United States
$45,000 – 65,000 USD / year
Operations
About GPAC
A recruiting firm specializing in connecting professionals with career opportunities in various industries across the United States.