Loan Operation Specialist

TexasBank; Brownwood (TX); On-site; USD 42,000 - 66,000; Full time

Job summary

TexasBank in Brownwood, TX is seeking an experienced Loan Operations Specialist to manage loan maintenance, research, and document processing. The role oversees loan documents from validation to booking and payments, ensuring accuracy and compliance.

You will work with core system data, generate reports, review loan documentation and disclosures, and coordinate with departments to meet regulatory and policy requirements.

Qualifications

• High school diploma or equivalent required.
• Strong communication, analytical, organizational and presentation skills.
• Ability to interact with multiple departments to achieve objectives.

Responsibilities

• Know consumer and commercial lending operations, procedures, software, and programs.
• Familiarize with Federal Banking Regulations and internal bank policies.
• Learn core system functions, data input and reporting.
• Pull data from the core system to create various reports.
• Review loan documents for consistency with approvals, policies, and regulations.
• Review and balance General Ledger accounts related to loan postings.
• Review maintenance on consumer/commercial loans and validate documentation.
• Review insurance policies/notices for loan accuracy.
• Review Adverse Action notices and withdrawn loan applications for compliance.
• Review HMDA data collection sheets and submit for HMDA reporting.
• File UCCs with the Secretary of State and monitor expirations.
• Review paid-off loans and provide release documents.
• Review data for CRA Community Development and submit to Compliance.
• Review Adjustable-Rate Loan notices and mail updates to borrowers.
• Scan documents to imaging system and track as needed.
• Perform other duties and special projects as assigned.

Skills

Strong communication

Analytical skills

Organizational skills

Presentation skills

Interdepartmental collaboration

Education

High School Diploma or equivalent

Tools

Microsoft Office

Excel

Adobe

Job description

Job DetailsLevel: ExperiencedJob Location: Brownwood - Main - Brownwood, TX 76801Position Type: Full TimeJob Category: Banking

SUMMARY:

The Loan Operations Specialist position performs loan maintenance, loan research, and document and payment processing as needed.

The position oversees the loan documents, from validation of the information to processing, review, and imaging, as well as booking the loan into the system and processing payments.

JOB DUTIES AND ESSENTIAL FUNCTIONS:

• Gain comprehensive knowledge of Consumer and Commercial Lending operations, including understanding associated procedures, software, and programs.
• Become familiar with Federal Banking Regulations and internal bank policies and procedures.
• Gain a thorough knowledge of the core system and its functions, including data input and reporting.
• Pull data from the core system to create various reports.
• Review loan documents to ensure consistency with loan approval conditions, bank policies, regulatory requirements, and servicing.
• Review and balance all General Ledger Accounts relating to loan control postings and validate all postings made for consumer and commercial loans.
• Review all maintenance performed relating to consumer/commercial loans and validate for proper documentation.
• Review all insurance policies and notices received from insurance companies for consumer and commercial loans and validate the accuracy and completeness of each document.
• Review Adverse Action notices and withdrawn loan applications for compliance.
• Review HMDA data collection sheets on reportable loans and submit them for HMDA reporting.
• File all UCC’s with the Secretary of State relating to consumer and commercial loans and monitor for expiring UCC’s that may need extensions filed.
• Review all paid off loans and provide necessary release documents to borrowers or loan assistants as required.
• Review data for CRA Community Development consideration and submit it to Compliance Officer as needed.
• Review all Adjustable-Rate Loan notices relating to consumer and commercial loans for accuracy. Make any necessary updates or corrections and mail to borrowers.
• Scan documents to the imaging system and set tracking as needed.
• Perform other duties and special projects as assigned.

WORKING CONDITIONS:

Air-conditioned office environment.

Consistent and timely attendance is required to ensure uninterrupted operational efficiency and exemplary service delivery.

PHYSICAL DEMANDS:

Sit for extended periods of time.

Walk, stand, bend, squat, twist, and reach.

Simple grasping and fine manipulation.

Extended keyboarding.

Qualifications

MINIMUM REQUIREMENTS:

• High School Diploma or equivalent.
• At least twoyear of relevant experience.
• Strong communication (verbal/written), analytical, organizational, and presentation skills.
• Ability to interact with other departments and interdepartmental to accomplish objectives.

PREFERRED REQUIREMENTS:

• Proficient in Microsoft Office products, emphasizing Excel, and Adobe, a plus.
• Excellent organizational skills and the ability to gather and analyze data from multiple sources while managing your time on more than one project at a time are highly preferred.

Disclaimer:

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

We are an Equal Opportunity Employer

TexasBank is committed to providing equal employment opportunities regardless of race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state or local laws. This policy applies to all terms and conditions of employment, including, but not limited to, recruiting, hiring, placement, promotion, compensation, benefits, training, disciplinary actions, layoff, recall, transfer, leaves of absence, and termination. Employees with questions or concerns about any type of discrimination in the workplace are encouraged to bring these issues to the attention of Human Resources.