Loan Reconciliation Settlement Analyst

Thread Bank; Rogersville (TN); On-site; USD 42,000 - 52,000; Full time

Job summary

Thread Bank in Rogersville, TN is seeking a Loan Operations professional to administer and reconcile post-purchase loan accounts, support boarding processes, and conduct audits for accuracy and compliance.

The role requires 1-3 years in banking operations, strong Excel skills, and the ability to work independently in a fast-paced environment while collaborating cross-functionally. Bachelor's degree preferred or equivalent experience.

Qualifications

• 1-3 years banking experience in Loan Operations, Accounting, or Servicing.
• Strong Microsoft Office/Excel proficiency; adaptable to new systems.
• Ability to work independently in a fast-paced environment while collaborating cross-functionally.
• Bachelor's degree preferred or equivalent experience.

Responsibilities

• Administer and maintain loan accounts post-purchase with accurate setup, servicing, and balance reconciliation.
• Support loan boarding processes including data validation and reconciliation to purchase agreements.
• Perform loan file audits and quality control reviews for compliance with standards.
• Coordinate loan funding, sales, payoffs, and account closures with regulatory compliance.
• Execute reconciliations and reporting for data integrity and financial reporting.
• Focus on accuracy and documentation.
• Utilize excellent written/verbal skills for documenting and explaining findings.
• Actively use critical thinking to identify exceptions and coordinate resolution and problem solve.

Skills

Banking experience in Loan Operations

Independent work in fast-paced env

Education

Bachelor's degree preferred or equivalent experience

Tools

MS Excel

Job description

Description

Who We Are

Thread Bank is a digital-first financial technology community bank that aims to enhance customer engagement through innovative solutions. Thread Bank offers a modern website, a CRM system, and a mobile app to simplify banking for businesses and individuals. Our embedded banking solution helps business technology platforms provide secure banking experiences. We also partner with other banks, credit unions, and FinTechs to integrate compliant financial solutions. Thread Bank values innovation, collaboration, and flexibility, offering excellent benefits and a family-friendly culture.

What We Are Looking For

We are looking for people who thrive in a fast-paced, growth environment while remaining within regulatory boundaries. Thread Bank provides a unique opportunity to be a part of a high growth, cutting edge, fintech startup within the stable and profitable banking industry. This is an excellent opportunity for a professional looking to advance their career as the company grows.

What You'll Do

• Administer and maintain loan accounts post-purchase with accurate setup, servicing, and balance reconciliation
• Support loan boarding processes including data validation and reconciliation to purchase agreements
• Perform loan ?le audits and quality control reviews for compliance with standards
• Coordinate loan funding, sales, payoffs, and account closures with regulatory compliance
• Execute reconciliations and reporting for data integrity and ?nancial reporting
• Focus on accuracy and documentation
• Utilize excellent written/verbal skills for documenting and explaining ?ndings
• Actively use critical thinking to identify exceptions and coordinate resolution and problem solve

Quali?cations

• 1-3 years banking experience in Loan Operations, Accounting, or Servicing
• Strong Microsoft Office/Excel pro?ciency; adaptable to new systems
• Ability to work independently in fast-paced environment while collaborating cross-functionally
• Bachelor's degree preferred or equivalent experience

Employee must be able to perform essential functions of the position and, if requested, Thread Bank will make reasonable accommodations to enable employees with disabilities to perform the essential functions of their job, absent undue hardship, in accordance with the ADA.

Thread Bank is an Equal Opportunity Employer. Thread Bank does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

By submitting your application, you give Thread Bank permission to email, call, or text you using the contact details provided. We will only contact you with job-related information.