Loan Operations Specialist

Western Bank; Lubbock (TX); On-site; USD 45,000 - 65,000; Full time

Job summary

Western Bank in Lubbock, Texas is seeking an experienced team member for the Loan Operations department. This full-time role involves ensuring accurate processing of the Bank's loan products, including documentation, auditing, and quality control tasks.

The ideal candidate should possess a high school diploma, extensive knowledge of banking regulations, and at least two years of relevant banking experience. Strong analytical and communication skills are crucial for success in this position.

Qualifications

• Extensive working knowledge of lien perfection and regulatory requirements pertaining to loans.
• Recommended 2 years prior banking experience or in loan operations.
• Ability to manage and prioritize multiple responsibilities and deadlines.

Responsibilities

• Perform loan tasks, including loan boarding, modifications, and collateral maintenance.
• Prepare loan documentation for all types of loans within LaserPro.
• Complete quality control of loan entries to core system.

Skills

Detail oriented

Strong organizational skills

Analytical skills

Critical thinking skills

Effective communication skills

Education

High school graduate or equivalent

College degree preferred

Job description

Job Details: Level: Experienced; Location: 1617 BROADWAY - LUBBOCK, TX 79401; Position Type: Full Time; Job Shift: Day; Job Category: Banking.

Position Summary

Work as a team to perform daily tasks within a fast‑paced Loan Operations department. Responsible for ensuring accurate and timely operations of the Bank’s loan process to include but not limited to booking all types of loans on the Bank’s loan system, imaging loan documents, verifying and auditing loan inputs, following up on loan documentation files (credit/collateral), maintaining document tracking exceptions, completing and reviewing daily reports and balancing, performing loan research, and resolving problems.

Essential Duties and Responsibilities

• Perform loan task, including but not limited to loan boarding, loan modifications, tickler updates, collateral maintenance
• Prepare loan documentation for all types of loans within LaserPro
• Board all types of loans and complete quality control to core system
• Service loan payments with participation banks
• Resolve any loan exceptions or corrections
• Research payment issues and discrepancies
• Research and process unposted items
• Maintain standard operations procedural documentation
• Perform quality control
• Complete and analyze daily reports
• Conduct report writing as needed or assigned
• Perform other loan operations duties as assigned by supervisor

Qualifications

• Education/Certification: High school graduate or equivalent, college degree preferred
• Required Knowledge: Extensive working knowledge of lien perfection and regulatory requirements pertaining to commercial, real estate, agricultural, and consumer loans.
• Experience Required: Recommended 2 years prior banking experience or in loan operations
• Skills/Abilities: Detail oriented; strong organizational, analytical, and critical thinking skills with the ability to manage and prioritize multiple responsibilities, deadlines and changing priorities; demonstrate the ability to learn and use new software and programs; proficient computer skills; above average communication skills.