Loan Operations Regulatory Specialist

Socket.dev; Lubbock (TX); On-site; USD 68,000 - 110,000; Full time

Job summary

PlainsCapital Bank seeks a Loan Operations Regulatory Specialist to oversee regulatory and credit quality compliance for loan portfolios. You will review loan agreements for covenants, monitor covenants in core systems, and collaborate with Lending staff on exceptions.

The role includes quarterly covenant monitoring reporting. Founded in 1988 and rooted in relationship banking, PlainsCapital Bank serves multiple Texas markets, including Lubbock, with a broad suite of commercial banking products

Qualifications

• Regulatory and credit quality compliance activities.
• Review loan agreements for financial covenants.
• Monitor and update borrowing bases and covenants in core banking systems.

Responsibilities

• Reviews loan agreements for financial covenants and accounts for covenants in the bank’s monitoring system.
• Works with Lending staff on satisfying financial monitoring exception items.
• Performs quarterly financial covenant monitoring reporting.

Job description

PlainsCapital Bank is looking to hire a Loan Operations Regulatory Specialist. The Loan Operations Regulatory Specialist is responsible for all regulatory and credit quality compliance activity. Reviews loan agreements for financial covenants and accounts for said covenants in the Bank’s monitoring system. Works with Lending staff on satisfying financial monitoring exception items. Monitors and updates borrowing bases and financial covenants using the Bank’s core banking system and any ancillary systems. Performs quarterly financial covenant monitoring reporting.

PlainsCapital Bank was founded in 1988 by a group of young bankers who dreamed of bringing relationship banking to their hometown of Lubbock, Texas. With the acquisition of Plains National Bank, a Lubbock financial institution with one branch and approximately $198.8 million in assets, they began growing the bank one relationship at a time.

Over 30 years later, PlainsCapital Bank has held fast to its tried-and-true relationship-based culture and its commitment to financial strength and stability. PlainsCapital Bank ranks sixth among the largest banks headquartered in Texas by deposits and has a statewide presence with approximately 55 locations in markets such as Austin, the Coastal Bend, Dallas, Fort Worth, Houston, Lubbock, the Rio Grande Valley, and San Antonio. Backed by decades of experience, our knowledgeable bankers are renowned for their straightforward approach and for taking exceptional care of their clients. They bring both financial and industry expertise along with vast local market knowledge to each client relationship.

PlainsCapital Bank conducts both commercial and consumer banking, providing a full suite of commercial banking products and services to fit any business model and convenient services, personal attention, and account features to help simplify managing personal finances.

PlainsCapital Bank continues to remain strong and stable, delivering highly personalized service and a single point of contact to help customers reach their financial goals.

To learn more, please visit us online at plainscapital.com/about.