Loan Operations Specialist: Commercial Lending

Republic Bank Of Chicago

Oak Brook (IL)

On-site

USD 60,000 - 68,000

Full time

14 days+
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Benefits offered by this job

PTO
Health insurance
Dental insurance
Vision insurance
401k plan
Childcare assistance
Parental Leave
Disability insurance
Life and AD&D
Headspace mindfulness
Employee Assistance Program

Job summary

Republic Bank of Chicago is seeking a Loan Servicing Clerk to support the loan portfolio and service all loan customers from the Oak Brook HQ. You will perform reconciliations, review loan maintenance, and respond to customer inquiries with accuracy and professional service.

The role requires 2 years of loan processing/servicing experience, strong Microsoft Office skills, and the ability to work independently. This is a full-time, on-site position at Oak Brook, IL 60523.

Qualifications

  • High School Diploma or equivalent.
  • 2 years loan processing or loan servicing experience (commercial lending preferred).
  • Familiar with lending concepts, practices, and procedures.
  • Knowledge of Microsoft Office suite (Excel, Word, Outlook).
  • Strong verbal and written communication skills.
  • Strong organizational skills.
  • Excellent customer service skills.
  • Ability to work and think independently.

Responsibilities

  • Prepare daily and month-end reconciliations for Loan Control and other GLs.
  • Review file maintenance for all loans and ensure accuracy and proper authority.
  • Review maintenance cross-check reports and communicate errors.
  • Review Bank Control Change reports for rate changes and loan system changes.
  • Research and respond to credit bureau disputes from customers and EOscar system.
  • Review HELOC advances according to procedures.
  • Review loan disbursement check log for discrepancies.
  • Prepare month-end reports as assigned.
  • Assist with information requests on loans for collection or litigation.

Skills

Verbal and written communication
Organizational skills
Customer service
Independent working
Lending concepts knowledge

Education

High School Diploma or equivalent

Tools

Microsoft Excel
Microsoft Word
Outlook

Job description

Republic Bank of Chicago is seeking a Loan Servicing Clerk to support the loan portfolio and service all loan customers from the Oak Brook HQ. You will perform reconciliations, review loan maintenance, and respond to customer inquiries with accuracy and professional service.

The role requires 2 years of loan processing/servicing experience, strong Microsoft Office skills, and the ability to work independently. This is a full-time, on-site position at Oak Brook, IL 60523.

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