Loan Operations Specialist

FVCbankCorp, Inc.; Fairfax (VA); On-site; USD 60,000 - 80,000; Full time

Job summary

FVCbank in Fairfax, VA seeks a Loan Operations Specialist to provide operational support for Loan Operations; responsibilities include booking all new and changed loans to the core system timely and accurately, and supporting loan servicing.

Candidates should have 1–4 years in banking or loan processing, strong Excel/Word skills, and adaptability to software. Experience with Sageworks or M‑Files is a plus for this role.

Qualifications

• 1–4 years in banking, loan processing, or financial services.
• Detail-oriented with strong organizational skills.
• Ability to write and communicate clearly and professionally.

Responsibilities

• Book all new commercial, consumer, real estate, and mortgage loans to the core system on time and accurately.
• Create collateral and financial ticklers in Sageworks the day after booking.
• Process changes in terms and convert loan statuses as required.
• Maintain accurate data for insurance, taxes, and loan records.
• Support loan servicing and day-to-day loan operations tasks.

Skills

Bank core OS

MS Word

MS Excel

Software adaptability

Tools

Sageworks

M-Files

FIS Horizon

Job description

FVCbankLoan Operations Specialist - Job Description

Title: Loan Operations Specialist

Department(s): Loan Operations

Reports to: VP / Loan Operations & Servicing Manager

Salary Range: $60,000.00 - $80,000.00 Annually

About Us

Since opening our doors in 2007, FVCbank has incorporated a vision of creating a positive and empowering work environment for our employees. Our continuous efforts in supporting our employees to be successful is one of our most important responsibilities. We believe that in order to provide exceptional service to our customers and the community, our employees must be a priority. If you want to join a company that is dedicated to helping you be successful and grow in your career, then join us at FVCbank.

Job Summary

Provide operational support to Loan Operations. Ensure all new loans and Change in Terms are booked timely and accurately, and provide general support to loan servicing/operations.

Essential Job Functions

• Book all new commercial, consumer, real estate, and mortgage loans to the core system timely and in compliance with FDICIA requirements. Ensure critical codes and data such as product, purpose, call, risk rate, interest rate, rate index, floor, payment schedule and collateral are entered accurately. Loans settled and funded on the last business day of each month must be booked to the core system before the end of that business day
• Create related collateral and financial ticklers in Sageworks the day following new loan is booked to the core system
• Book all change in terms, new and preexisting to the core system timely and accurately
• Convert construction loans to stabilized, non-stabilized and held for sale categories, ensuring that all conversions are completed prior to end of month
• File UCC continuation and cancellation, and update the core system where necessary for ongoing monitoring
• Update the core system with insurance renewal received in the mail or from Lending Assistants and scan to loan file to the document imaging application M-Files
• Scan new loan files, loan maintenance documents and other loan documents to M-Files, the document imaging application
• Remove paid off loans from Tax and Flood service
• Process mortgage payments for SOFI, Cenlar and Capital Mortgage
• Other duties as assigned

Job Requirements

• 1 to 4 years in banking, loan processing, or financial services

Abilities Required

• Strong knowledge of a bank core operating system, Microsoft Word and Excel, and adaptability to other software programs
• Ability to multi-task and handle shifting priorities
• Detail-oriented with excellent organization skills
• Ability to write and communicate in a concise, clear, courteous and professional manner

Desired Skills

• FIS Horizon experience helpful
• Cross- trained in all loan operations processes preferable

Essential Functions

• Ability to sit, stand, kneel, and bend for extended periods of time
• Must be able to operate a computer keyboard, mouse, and other computer components
• Ability to converse and exchange information with all levels of staff within the organization
• Ability to observe, perceive, and identify data
• Ability to travel via air, rail, automobile, and/or bus

Disclaimer

The position for which you are applying is one that would have access to cash, financial instruments, financial transactions, or confidential customer financial information. The Bank has determined that personal financial responsibility is substantially related to preventing misuse of misappropriation of financial instruments or information which is essential function of the position for which you are applying. A consumer report and additional background reports are requested of all applicants on that basis.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

We are an AffereoAction/EEO Employer. We do not discriminate on the basis of race, color, religion, national origin, physical or mental disability, protected veteran status, sex, gender identity, sexual orientation or any other characteristic protected by federal, state or local law.