Loan Operations Supervisor

Kaizen Lab Inc.; Denver, Northern (CO, KY); Hybrid; USD 79,000 - 99,000; Full time

Benefits offered by this job

Health, Dental and Vision Insurance

401(k) plan and matching

Paid Time Off

Volunteer Time Off

RTD Eco Pass (Denver)

Pet Insurance

Job summary

Native American Bank in Denver, CO is seeking a Loan Operations Supervisor to ensure regulatory compliance, efficient workflows, and staff development within the Loan Operations team. You will oversee day-to-day operations and coordinate with lenders and other departments.

The role requires extensive experience in commercial lending, loan processing, and strong Excel skills, with a focus on government-guaranteed programs like SBA/USDA. Hybrid schedule within 45 miles of Denver.

Qualifications

• Bachelor's degree preferred; equivalent combination of education and experience considered.
• 7+ years in commercial lending with strong loan operations background.
• Familiarity with SBA and USDA guidelines and regulations.

Responsibilities

• Supervise day-to-day workflow of the Loan Operations Department.
• Train and mentor staff; set performance goals and conduct evaluations.
• Ensure internal controls; develop and implement procedures and policies.

Skills

Communication skills

Reading complex documents

Independent worker

Multitasking

Excel expert

Regulatory knowledge

Education

Bachelor's degree preferred

Tools

SBA processes

USDA guidelines

Microsoft Office

Job description

Summary

Native American Bank is a one-of-kind institution that is an Agent of Change for Native Communities. At our core, we are committed to the vision and mission of the Bank. We believe our employees are our greatest asset, and we are at our best through teamwork. The Loan Operations Supervisor will be responsible for compliance with regulations, ensuring efficient workflows, and development of Loan Operations staff.

*This role is only open to candidates currently residing within a 45 miles radius from Denver, CO at this time

Responsibilities

• Supervise day-to-day workflow of the Loan Operations Department.
• Lead, train, and mentor loan operations staff, set performance goals, monitor performance, and conduct evaluations.
• Formulate, develop and implement loan operations procedures and policies, ensure adequate internal controls measures.
• Resolve complex loan-related issues, serve as a point of contact for lenders and other departments, and provide internal support.
• Collaborate with internal department and external stakeholders to establish positive working relationships and ensure efficient workflow.
• Adhere to all State and Federal Regulations, receive and research new regulations, policies and procedures and implement them. Stay current on compliance and regulations by attending seminars and reading available information. Ensure necessary changes or recommendations have been implemented as needed.
• Review compliance with requirements and regulations of government guaranteed credit enhancement programs such as BIA, SBA, HUD and USDA, and complete documents related to these programs. Make sure all government guaranty conditions are met.
• Responsible for monthly and quarterly reports for board meetings, governmental guarantees, and other reporting as needed.
• Provide technical expertise, handle, and resolve complex matters, core business critical issues, inquiries and complaints from internal and external customers.
• Manage new and renewed loans processes, boarding new loans to the core system, perfecting security interest, processing subsequent advances and payments, maintaining negotiable collateral files.
• Direct loan closings, work with bank’s counsel and other parties such as SBA or USDA consultants, review internally and externally prepared loan documents.
• Responsible for quality control by reviewing loan files for completeness, accuracy, and regulatory compliance.
• Manage processing of special assets, charged off and repossession, participation, and syndications.
• Manage construction draws processing.
• Prepare for audits and examinations. Remediate audit and examination exceptions. Liaison to the external and internal auditors.
• Performs other related duties as necessary or assigned.

Qualifications

• Bachelor's degree in Business, Finance, Accounting, or a business related fields preferred. Equivalent combination of education, training, and directly related commercial lending or loan operations experience may be considered in lieu of a degree.
• 7+ years previous experience in commercial lending with a deep background in loan processing and funding, loan documentation, collateral perfection, and portfolio maintenance required.
• Knowledge of SBA and USDA guidelines, processes and regulations governing servicing actions preferred.
• Familiarity with New Markets Tax Credits is helpful.
• Ability to read and interpret complex documents.
• Strong understanding of accounting-related topics that impact loan portfolios.
• Strong understanding of regulatory requirements and comprehensive understanding of reporting standards.
• Comprehensive understanding of loan operations practices and procedures.
• Experience working with complex commercial loan structures.
• Excellent verbal and written communication skills for interacting with staff, lenders, and management.
• Advanced knowledge of Microsoft Excel.
• Proficiency in Microsoft applications.
• Must have ability to work independently, be flexible, multi-task and organize priorities in a fast-paced environment.

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift 15 pounds at times.

Benefits

• Competitive salary and benefit package
• Professional development opportunities
• Health, Dental and Vision Insurance
• Health Savings Account with company contribution
• Employer paid Short-term and Long-term disability insurance
• Employer paid Life Insurance
• 401(k) plan and matching
• RTD Eco Pass (Denver) / ORCA (Seattle)
• Pet Insurance
• Paid Time Off
• Volunteer Time Off

Company Culture

Native American Bank is a full-service community bank committed to meeting the financial needs of individuals, businesses, and non-profits within the Native American community and beyond. Our focus is on delivering a personalized banking experience that honors cultural sensitivities. Since our founding in 2001, our mission has been to empower Native American and Alaskan Native individuals, enterprises, and governments by providing affordable and flexible banking and financial services tailored to their unique goals.

We take pride in cultivating personal relationships with our customers while upholding the highest standards of professionalism. Our diverse range of services includes personal and business banking, lending solutions, and more, all designed to support our clients' aspirations.

At Native American Bank, we go beyond traditional banking by encouraging our employees to engage in community service through our Mission in Motion program. We believe in giving back and nurturing a collaborative spirit among our neighbors. By joining Native American Bank, you play a crucial role in helping our community thrive while ensuring that our financial practices are guided by our cherished traditional values.

Additional Information

• Passbackground check prior to hire.
• Thisposition allows to hybrid schedule to candidates currently residing withina 45 miles radius from Denver, CO at this time.
• Theannual salary range for this full-time position: $79,000 - $98,800.

Note to Agency Recruiters:

Native American Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Native American Bank colleagues, directly or indirectly, will be considered Native American Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.