Loan Operations Specialist (Commercial Loans)

TransPecos Banks; San Antonio (TX); On-site; USD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a Commercial Operations Relationship Associate I to enhance their loan operations team. This exciting role involves supporting the entire loan lifecycle for commercial loans, collaborating closely with internal teams to ensure seamless management and exceptional customer service. You will assist borrowers with applications, manage loan accounts, and perform various administrative tasks to maintain organized records. If you are detail-oriented, possess strong analytical skills, and thrive in a collaborative environment, this opportunity is perfect for you. Join a dynamic team dedicated to excellence in financial services and make a significant impact on client relationships.

Qualifications

• Bachelor's degree in finance or business is required.
• Detail-oriented with strong analytical and problem-solving skills.

Responsibilities

• Assist borrowers with loan applications and documentation.
• Manage loan accounts and monitor repayments.
• Perform general administrative duties to support loan operations.

Skills

Detail-oriented

Analytical abilities

Collaborative work

Problem-solving skills

Keyboard proficiency (35 wpm)

PC proficiency

MS Office proficiency

Strong mathematical skills

Education

Bachelor's degree in finance, business, or related field

Tools

MS Excel

Job description

Job Title: Commercial Operations Relationship Associate I

This is an onsite position at our San Antonio office.

Summary:

The Commercial Operations Relationship Associate I at TransPecos Banks plays a crucial role within the loan operations department. This position is responsible for supporting the entire loan lifecycle for commercial loans, as well as performing various administrative tasks to support the Bank's operations. The role involves close collaboration with internal teams to ensure seamless loan management and exceptional customer service.

Wage Type: Salaried (Exempt)

Essential Duties & Responsibilities:

To perform this job successfully, an individual must be able to perform each of the essential duties satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Loan Application Management:
  • Assist borrowers in completing loan applications and gathering necessary financial documentation.
  • Ensure all required information is accurately collected and submitted for review.
• Loan Processing:
  • Review and verify borrower information, including business formation and financial documents.
  • Coordinate with internal teams to ensure timely and accurate processing of loan applications.
• Loan Closing:
  • Prepare and organize loan closing documents, including promissory notes and security agreements.
  • Coordinate with legal counsel on loan documentation.
  • Facilitate the disbursement of loan funds to borrowers upon successful closing.
• Loan Servicing:
  • Manage loan accounts by assisting with payments, maintaining records, and providing customer service.
  • Address any issues that arise during the loan term, such as late payments or changes in borrower circumstances.
• Repayment Monitoring:
  • Track and monitor borrower payments to ensure adherence to the repayment schedule.
  • Review loan balances and provide regular reports to management.
  • Provide borrowers with confirmation of loan payoff and account closure. Release of any collateral held as security.
• Administrative Tasks:
  • Perform general administrative duties to support the loan operations department.
  • Maintain accurate and organized records of all loan transactions and related documentation.
  • Assist in the preparation of reports and presentations for management.
  • Any other duties as assigned.

Key Deliverables:

• Assist borrowers with applications, ensure accurate documentation, and facilitate timely processing and closing of loans.
• Manage loan accounts, monitor repayments, address borrower issues, and finalize loan closures.
• Perform administrative tasks, maintain organized records, prepare reports, and support continuous improvement.

Organizational Structure:

Reports to: Director, Loan Operations

Qualifications:

Education:

• Bachelor's degree in finance, business, or related field.

Required Knowledge/Skills:

• Detail-oriented with strong analytical abilities.
• Ability to work collaboratively with internal teams and external clients.
• Strong problem-solving skills and the ability to handle multiple tasks simultaneously.
• Keyboard 35 wpm accurately, 10 Key, PC proficiency.
• Proficient in MS Office Products.
• Strong skills in MS Excel.
• Strong mathematical skills.

Desired Experiences:

• Previous experience in loan operations, loan processing, or a related financial services role.
• Previous experience with SBA and/or USDA loans.
• Familiarity with loan documentation and regulatory requirements.
• Commercial Loan Processing Experience.
• 2 - 3 Years banking or financial services experience.

Talents:

• Mission driven, competitive, goal oriented, and motivated to develop themselves and others.
• Results oriented.
• Works to understand complex commercial banking relationships.
• Strong positivity.
• Energetic, resourceful, and appropriate work intensity to get the work done.
• Strong people acumen and relationship skills; Naturally pre-disposed to quickly establish positive personal and professional relationships.
• Exceptional time management and organizational skills.
• Outstanding interpersonal and communication skills.
• Proven ability to effectively present information and respond to questions.

Other:

• Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
• Must be able to lift to 20 pounds.

TransPecos Banks will not accept unsolicited resumes from any source other than the candidate. We will consider any candidate for whom an Agency submits an unsolicited resume, to have been referred to us by the Agency free of any charges or fees, other than those agencies we engage on a specific search. TransPecos Banks will not pay a fee for any placement resulting from the receipt of an unsolicited resume.