Loan Operations Specialist

Auburn University; Auburn (AL); On-site; USD 42,000 - 52,000; Full time

Job summary

Auburn University is seeking a Loan Operations Specialist to support the lending function by performing pre-funding quality control, loan document preparation, and processing support across consumer and indirect lending channels. The role ensures accuracy and compliance prior to funding, coordinating with loan officers, underwriters, and dealer partners.

The position requires attention to detail and experience in loan operations, with opportunities to work across consumer and indirect lending

Qualifications

• High school diploma or equivalent required.
• Associate's or bachelor’s degree in business or related field preferred.
• 1–3 years of experience in loan processing/operations preferred.

Responsibilities

• Perform pre-funding quality control review of loan files to verify accuracy and compliance with policy.
• Review loan documentation (applications, credit approvals, title work, insurance, stipulations) to confirm conditions are satisfied.
• Process indirect lending applications through dealer channels; verify dealer paperwork and pricing against terms.
• Fund approved consumer and indirect loans within turnaround-time standards.
• Identify and resolve documentation discrepancies with loan officers and underwriters.
• Maintain accurate loan file records in core system and imaging management system.
• Monitor rate change schedules and issue borrower notifications per regulatory timing and disclosure requirements.
• Create and distribute indirect lending packets to dealer partners and members via electronic and mail delivery.
• Monitor pipeline reports to ensure timely processing and funding within SLAs.
• Assist loan officers and members with status updates, payoff requests, and servicing questions.
• Stay current on lending regulations (Reg Z, Reg B, and state lending law) and CU policy.
• Perform other duties as assigned.

Skills

Attention to detail

Education

High school diploma or equivalent

Associate's or Bachelor's degree preferred

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Loan Operations Specialist

Full Time Clerical Auburn, AL, US

10 days ago Requisition ID: 1003

Loan Operations Specialist

Position Summary

The Loan Operations Specialist supports the Credit Union's lending function by performing pre-funding quality control review, loan document preparation, and processing support across consumer and indirect lending channels. This role verifies loan files for accuracy and completeness prior to funding, ensures compliance with Credit Union policy and applicable regulations, and works closely with indirect dealer partners, loan officers, and underwriting to keep loans moving efficiently through the pipeline.

Essential Duties and Responsibilities

• Perform pre-funding quality control review of consumer and indirect loan files to verify accuracy, completeness, and compliance with Credit Union policy prior to disbursement.
• Review loan documentation, including applications, credit approvals, title work, insurance verification, and stipulations, to confirm all conditions have been satisfied.
• Process indirect lending applications received through dealer channels; verify dealer paperwork and pricing against approved terms.
• Fund approved consumer and indirect loans accurately and within established turnaround-time standards.
• Identify and resolve documentation discrepancies, missing stipulations, or funding exceptions in coordination with loan officers and underwriters.
• Maintain accurate loan file records in the core system and imaging/document management system.
• Monitor rate change schedules and generate/send required borrower notifications in accordance with regulatory timing and disclosure requirements.
• Create and distribute indirect lending packets to dealer partners and members through both electronic and mailed delivery channels.
• Monitor pipeline reports to ensure loans are processed and funded within service-level expectations.
• Support loan officers and members with status updates, payoff requests, and general loan servicing questions as needed.
• Stay current on lending regulations (including Regulation Z, Regulation B, and applicable state lending law) and Credit Union lending policy.
• Perform other duties as assigned.

Qualifications

Education and Experience

• High school diploma or equivalent required; associate's or bachelor's degree in business or a related field preferred.
• 1-3 years of experience in loan processing, loan operations, or a related financial institution role preferred.
• Experience with indirect/dealer lending a plus.

Knowledge, Skills, and Abilities

Strong attention to detail and accuracy when reviewing loan documentation and funding