2512-1 Loan Operations Specialist

Tnbankers; Tennessee; On-site; USD 45,000 - 60,000; Full time

Job summary

A community bank in Tennessee seeks a Loan Operations Specialist to support its lending function. Responsibilities include processing loan documentation, managing escrow accounts, and ensuring compliance with regulations. The ideal candidate has strong math or accounting skills, experience in loan servicing, and a keen attention to detail. Applicants should possess at least a high school diploma, with an associate or bachelor’s degree preferred. This role is essential for maintaining accurate loan records and supporting the bank's regulatory requirements.

Qualifications

• Above-average proficiency in math or accounting.
• Strong knowledge of escrow management and insurance tracking.
• Familiarity with HMDA regulations and reporting processes.
• Experience with loan documentation and servicing procedures.
• Excellent organizational and time management skills.
• Strong attention to detail and accuracy.
• Proficiency in Microsoft Office Suite and loan processing software.
• Ability to work independently and as part of a team.

Responsibilities

• Prepare, review, and process loan documentation for various loan types.
• Monitor and manage escrow accounts, including disbursements.
• Maintain accurate and up-to-date insurance records.
• Ensure compliance with HMDA reporting requirements.
• Perform quality control checks on loan files.
• Assist with loan boarding and servicing functions.
• Perform Post Closing Review of Loan requests.
• Respond to inquiries regarding loan documentation.
• Collaborate with loan officers and compliance staff.
• Participate in audits by providing requested documentation.

Skills

Math proficiency

Escrow management

HMDA familiarity

Loan documentation experience

Organizational skills

Attention to detail

Microsoft Office Suite

Teamwork

Teamwork

Education

High school diploma

Associate or bachelor's degree in business or finance

Tools

Loan processing software

Loan processing software

Job description

The Loan Operations Specialist plays a critical role in supporting the bank’s lending function by ensuring accurate and compliant loan documentation, managing escrow accounts, maintaining insurance records, and contributing to regulatory reporting such as HMDA. This position requires strong attention to detail, above-average math or accounting skills, and a thorough understanding of loan operations in a community banking environment.

Responsibilities

• Prepare, review, and process loan documentation for various loan types (consumer, commercial, real estate, etc.).
• Monitor and manage escrow accounts, including tax and insurance disbursements.
• Maintain accurate and up-to-date insurance records for all collateralized loans.
• Ensure compliance with HMDA reporting requirements and assist with data collection and submission.
• Perform quality control checks on loan files to ensure completeness and regulatory compliance.
• Assist with loan boarding and servicing functions in the core banking system.
• Perform Post Closing Review of Loan requests to ensure accuracy and compliance with Policy.
• Respond to internal and external inquiries regarding loan documentation and servicing.
• Collaborate with loan officers, credit analysts, and compliance staff to support loan operations.
• Participate in audits and examinations by providing requested documentation and explanations.
• Any other duties necessary as determined by direct manager.

Qualifications and Skills

• Above-average proficiency in math or accounting.
• Strong knowledge of escrow management and insurance tracking.
• Familiarity with HMDA regulations and reporting processes.
• Experience with loan documentation and servicing procedures.
• Excellent organizational and time management skills.
• Strong attention to detail and accuracy.
• Proficiency in Microsoft Office Suite and loan processingsoftware.
• Ability to work independently and as part of a team.

High school diploma or equivalent required, associate or bachelor’s degree in business, finance, or related field preferred. Position based in Jasper, Tennessee.

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