Senior Loan Operations Specialist

Minnesota Bankers Association; Shakopee (MN); On-site; USD 55,000 - 70,000; Full time

Job summary

A local financial institution in Shakopee is seeking a detail-oriented Senior Loan Operations Specialist. The ideal candidate will have 3-5 years of loan processing experience and strong communication skills. Responsibilities include preparing documentation, managing post-closing tasks, and ensuring compliance. Join a purpose-driven team committed to the community's economic well-being.

Qualifications

• 3 – 5 years of loan processing experience across commercial, consumer, and mortgage lending.
• High attention to detail and accuracy.
• Working knowledge of credit documentation, including UCC-1 filings.

Responsibilities

• Prepare loan documentation in accordance with regulations.
• Book and fund new and renewed loans.
• Ensure compliance with AML/BSA and other regulations.

Skills

Strong written and verbal communication skills

Ability to work effectively within a team

Attention to detail

Strong time-management skills

Adaptability in a dynamic work environment

Education

Associate degree or equivalent work experience

Tools

Microsoft Office Suite

Fiserv

LaserPro

Job description

1305 Vierling Drive E, Shakopee, MN 55379

Job Description

Job Type: Full-time, non-exempt

Hours: Monday – Friday, 8:00 AM - 5:00 PM (Onsite)

We are looking for a detail-oriented and self-motivated Senior Loan Operations Specialist to join our Shakopee team. In this role, you will be a key partner to our Commercial Lenders, ensuring the seamless processing of loans across our consumer, commercial, and mortgage portfolios.

The ideal candidate is a strong communicator with excellent organizational skills and a commitment to accuracy, compliance, and top-tier customer service. You will be responsible for a wide range of loan-related tasks, including leading by example and guiding junior team members.

Core Responsibilities

• Prepare loan documentation for commercial and consumer loans in accordance with regulations and bank policy.
• Book and fund new and renewed loans in core and imaging systems.
• Record liens and perfect collateral with appropriate agencies; ensure insurance requirements are met.
• Process loan fees and maintain accurate general ledger entries.
• Track and manage post-closing items and documentation exceptions via the tickler system.
• Maintain organized loan and collateral files.
• Ensure compliance with AML/BSA, OFAC, CIP, and Identity Theft regulations.
• Lead by example in supporting and guiding loan administration team members.
• Handle administrative tasks including document distribution, reporting, and collateral vault maintenance.
• Prepare documentation for participation, letters of credit, and CRA/Beneficial Ownership compliance.
• Rotate department responsibilities, including email inbox and document request monitoring.

Additional Responsibilities

• The duties and responsibilities listed are not all-inclusive. Additional duties may be assigned as needed.

Education & Experience

Required Qualifications

• Experience: 3 – 5 years of loan processing experience across commercial, consumer, and mortgage lending.
• Technical Skills: Proficiency in Microsoft Office Suite and ability to navigate multiple computer systems and applications.
• Attention to Detail: High attention to detail and accuracy.
• Loan Knowledge: Working knowledge of credit documentation, including UCC-1 filings, and vehicle liens.
• Education: Associate degree or equivalent work experience required.

Preferred Qualifications

• Proficiency with Fiserv and LaserPro systems.
• Strong organizational skills and experience managing a tickler system.

Key Skills

• Strong written and verbal communication skills.
• Ability to work effectively within a team and across various departments.
• Adaptability in a dynamic, fast-paced work environment.
• Strong time-management skills with the ability to multi-task and prioritize efficiently to ensure deadlines are met.

About Us

Prime Security Bank is a locally owned financial institution dedicated to serving the banking needs of individuals, families and small businesses. Founded in 1925, the bank has remained committed to long-term relationships and supporting economic well-being of the local community.

At Prime Security Bank, We're more than just a bank – we're a cornerstone of our community. As a locally owned financial institution, we're passionate about making a real difference in the lives of our customers and the communities we serve. When you join our team, you're not just another employee; you're a vital part of a purpose-driven organization built on trust, relationships, and local impact.

Please submit your resume and cover letter to [e-mail]

MBA Job number/Date Added
H-8052: 9/24/25