Loan Operations Processor

valleybankofkalispell; Kalispell (MT); On-site; USD 42,000 - 64,000; Full time

Job summary

Valley Bank of Kalispell in Kalispell, MT is seeking a Loan Operations Processor to support the Lending department by processing construction draws, insurance payouts, and related ledger tasks. You will balance general ledger accounts, prepare payoff quotes, monitor loan activity, and assist customers by phone or in person.

Strong attention to detail and familiarity with banking products are important. This full-time role requires accuracy, independence, and excellent communication in a

Qualifications

• Experience in loan processing preferred.
• Excellent customer service orientation.
• Knowledge of banking products and services.
• Strong written and verbal communication.
• Detail-oriented with good organizational skills.

Responsibilities

• Process Construction Draws and Insurance Payouts; gather W-9s and 1099s, prepare lien waivers, coordinate inspections.
• Balance multiple General Ledger accounts.
• Serve as point of contact for customer inquiries.
• Prepare payoff quotes.
• Review transaction and note exceptions.
• Review coupon orders.
• Prepare adverse actions.
• Monitor loans.
• Review appraisals and certified market analyses.
• Prepare morning reports.
• Notary public duties.
• Filing and reconvenances.

Skills

Loan processing

Customer service

Banking products

Communication skills

Independent work

Detail oriented

Organization & time management

Flexibility & adaptability

Tools

Windows OS

Microsoft Outlook

Excel

Word

Job description

JOB TITLE: Loan Operations Processor
REPORTS TO: Head of the Real Estate Department
DEPARTMENT: Lending

Provide support to lending staff by processing construction draws and insurance payouts. Responsible for balancing multiple general ledger accounts. Act as a point of contact for customer inquiries.

Essential Duties:

• Process Construction Draws and FBO Account Draws, collecting W-9 information, 1099 Reporting, producing lien waivers and coordinates with construction inspectors for inspections.
• Process Insurance Payouts from Escrow Accounts, updates loan files with new insurance and Updates Note Ticklers
• Monitors and Balance multiple General Ledger Accounts
• Prepares Payoff Quotes
• Reviews Transaction Exceptions and Note Exceptions
• Reviews Coupon Orders
• Prepares Adverse Actions
• Loan Monitoring
• Balance Private Mortgage Insurance (MGIC) Monthly and Send Annual Notices
• Reviews Appraisals and Certified Market Analyses
• Prepare Morning Reports
• Customer Service - Answer Phones and Direct Walk in Customers
• Notary Public
• Filing
• Reconvenances

Preferred Skills and Abilities:

• Loan processing related experience
• Commitment to provide exceptional customer service
• Knowledge of banking products and services
• Strong communication skills
• Ability to work independently
• Detail Oriented
• Good organizational and time management skills
• Flexible and adaptable to a changing environment

Computer Skills/Equipment Used:

• General office equipment (computer, printer, fax, copy machine), scanner, adding machine, calculator.
• Computer knowledge in a Windows environment.
• Basic knowledge of Microsoft Outlook, Excel and Word.

Physical Abilities:

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is regularly required to talk, hear, stand and use hands to grasp, manipulate or feel objects. The employee is frequently required to walk, and occasionally required to sit, stoop, kneel, crouch or crawl, climb or balance and reach with hands and arms.
• May be required to lift, carry or move and position items weighing up to 25 lbs. as necessary.
• Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.
• Requires daily work on a computer for 6 hours or more viewing the screen and fingering the keys.
• Ability to move about the branch to access file cabinets, office machinery, etc.

Able to work in a fast-paced, multi-tasked environment.