Loan Operations Associate

Esquire Bank; Rosemont (IL); Hybrid; USD 65,000 - 80,000; Full time

Benefits offered by this job

Health insurance

401k with employer match

Annual performance bonus

Hybrid work model (1 remote day/week)

Job summary

Esquire Bank, Signature division, is seeking a Loan Operations Associate in Rosemont, IL. The role covers a range of loan support tasks including payments processing, loan bookings, LaserPro document prep, and loan maintenance.

The position reports to the SVP of Loan Operations and interacts with the lending administration team. The candidate should have commercial loan processing experience, strong English reading/writing skills, and be capable of multitasking and prioritizing in a regulated

Qualifications

• Commercial loan processing experience is required.
• Ability to read, write, and understand English is required.
• Ability to manage shifting priorities, multi-task and make logical decisions is necessary.
• Experience with Microsoft Office suite and Outlook programs on an intermediate level or above is desired.
• Ensure that all activities are performed in compliance with federal, state and Bank Secrecy Act regulatory requirements.

Responsibilities

• Coordinate loan support functions including loan payments, booking loans via Silverlake/Xperience(core) and FISERV, and preparing LaserPro documents.
• Maintain loan information on document imaging software for tracking exceptions; provide data entry support.
• Prepare departmental reports when needed and review outgoing correspondence for professionalism and compliance.
• Understand lien perfection for various loan types and assist with loan maintenance and line advances.
• Handle loan pay-offs, printing and mailing loan statements, and loan exception reporting.
• Collaborate with lending administration team, lending officers and cross-functional teams.
• Prioritize tasks effectively and manage time to meet deadlines.
• Ensure accuracy and continuity of loan operations processes.

Skills

Commercial loan processing

Time management

Multi-tasking

Tools

Microsoft Office Suite

Outlook

LaserPro

Silverlake/Xperience(core)

FISERV

Document imaging software

Job description

Reports To: SVP, Loan Operations and Services

Location: Rosemont, IL

Signature, a division of Esquire Bank, is focused on lending to small to medium sized businesses. With plans for additional growth, we have identified a need to add a Loan Operations Associate to coordinate a variety of loan support functions.

Position Summary

Loan support functions will include but will not be limited to handling loan payments, booking loans via Silverlake/Xperience(core) and FISERV, preparing LaserPro documents, loan maintenance, line advances, pay-off letters, printing and mailing loan statements, loan pay-offs, loan exception reporting, data entry, insurance tracking and filing. Some scanning and quality control will also be part of this position.

This position will report directly to the SVP of Loan Operations with some interaction with the lending administration team and the lending officers.

Essential Duties and Responsibilities

• Utilize best practices and work with staff to develop continuity within the loan operations functions
• Understand the loan process from first contact to payoff
• Knowledge of LaserPro
• Prepare departmental reports when needed
• Understand lien perfection for a variety of loan types
• Communication within the department and cross-functional teams
• Regularly review outgoing correspondence for professionalism and compliance
• Good with multi-tasking and time management is a priority
• Establish and ensure maintenance of loan information on document imaging software for tracking exceptions

Qualifications and Requirements

To perform this job successfully, an individual must be able to perform each of the responsibilities listed above. Commercial loan processing experience is required. An ability to read, write, and understand English is required. An ability to manage shifting priorities, multi-task and make logical decisions is necessary. Experience with Microsoft Office suite and Outlook programs on an intermediate level or above is desired. Ensure that all activities are performed in compliance with federal, state and Bank Secrecy Act regulatory requirements.

• Salary $65,000 - $80,000 per year
• Health insurance (medical, dental and vision), paid time off, 401k with employer match and annual performance bonus
• Hybrid position with 1 remote workday per week after 90-day probationary period
• Opportunities for professional growth and development. Positive and inclusive work environment.

Signature is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other protected characteristic.