Loan Reconciliation & Settlement Specialist

Thread; Rogersville (TN); On-site; USD 42,000 - 60,000; Full time

Job summary

Thread Bank is seeking a detail-driven professional to manage loan accounts post-purchase, ensuring accurate setup, servicing, and reconciliations. The role supports loan boarding and data validation while maintaining compliance with standards.

The ideal candidate brings 1–3 years in Loan Operations or related banking areas, strong Excel skills, and the ability to work independently in a fast-paced, collaborative environment. Bachelor's degree preferred.

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 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

Microsoft Office

Excel

Independent work

Cross-functional collaboration

Education

Bachelor's degree

Tools

CRM system

Job description

Thread Bank is seeking a detail-driven professional to manage loan accounts post-purchase, ensuring accurate setup, servicing, and reconciliations. The role supports loan boarding and data validation while maintaining compliance with standards.

The ideal candidate brings 1–3 years in Loan Operations or related banking areas, strong Excel skills, and the ability to work independently in a fast-paced, collaborative environment. Bachelor's degree preferred.