Loan Operation Supervisor

Banco Davivienda; Miami, Fort Lauderdale (FL, FL); On-site; USD 90,000 - 130,000; Full time

Job summary

Banco Davivienda is seeking a Loan Operations Supervisor based in Miami to oversee documentation, funding, disbursements, and loan processing activities. The role drives operational excellence, maintains strong control execution, and partners with cross-functional stakeholders to ensure compliance with OFAC, BSA/AML, Reg E and other regulations.

The position also involves coaching the Loan Operations Specialist, processing loans and lines of credit, preparing LC documents, and handling SWIFT

Qualifications

• Bachelor's degree required or equivalent combination of education and experience.
• 7–10 years of U.S. banking operations experience supervising loan operations and letters of credit.
• Preferred regulatory experience: OFAC, BSA/AML, Reg E, USA Patriot Act, etc.
• Experience with Fedline/SWIFT and related services is a plus.

Responsibilities

• Lead, coach, and develop the Loan Operations Specialist with clear goals and KPIs.
• Process loans, participations, lines of credit, payments, and renewals.
• Process letters of credit issuance and negotiations; prepare SWIFT messages.
• Review LC documents as first checker and ensure accurate negotiations.
• Maintain compliance with OFAC, BSA/AML, Reg E and other applicable regulations.

Skills

Banking operations

Regulatory compliance

Cross-functional collaboration

Education

Bachelor's degree

Tools

Fedlink

EDD Services

Fedline

Swift Certifications

Job description

The Loan Operations Supervisor is responsible for loan documentation, funding, disbursements, and other loan processing activities. This role is also responsible for processing investments, foreign exchange deals, federal funds overnights, loan participations, letters of credit/issuance and negotiations, lines of credit, documentary & DIR collections processed through the Datapro e-IBS system. The Loan Operations Supervisor drives operational excellence, ensures strong control execution, and partners with key stakeholders cross-functionally. Maintains full compliance with regulations like OFAC, BSA, AML, Regulations E, and other regulations. Responsible for ensuring a culture of accountability and a mindset of continuous improvement.

• Lead, coach, and develop the Loan Operations Specialist with clear goals, KPIs, and career pathways
• Foster a culture of results-driven performance, accountability, inclusion, continuous improvement, and customer focus
• Process loans, participations, line of credits including payments and renewals
• Process letters of credit issuance/negotiations
• Review the letters of credit documents for negotiation (first checker)
• Prepare SWIFT messages for letters of credit
• Process documentary, DIR collections, and process investments

Qualifications:

• Bachelor’s degree from a four-year college or university is required; equivalent combination of education and experience may be considered
• 7 to 10 years of U.S. banking experience in an operations role responsible for supervising loan operations and letters of credit
• 7 to 10 to years of U.S. banking regulations experience like Electronic Funds Transfer Act Regulation E, Office of Foreign Assets Control (OFAC) Regulations, Bank Secrecy Act (BSA), USA Patriot Act, amongst other state and federal regulatory requirements preferred, but not required
• Preferred but not required, experience with:
  • Ocean System’s Fedlink and EDD Services
  • Fedline & Swift Certifications

This role is based in Miami, United States.