Wholesale Loan Operations Specialist II or III (Remote within AL, FL, GA, SC or TN)

Freddie Mac; Birmingham (AL); Remote; USD 40,000 - 70,000; Full time

Job summary

An established industry player in banking offers a unique opportunity for career growth in a supportive environment. This role focuses on loan operations, emphasizing attention to detail and operational efficiency. You will engage in meaningful work that impacts client relationships, ensuring compliance and integrity in the lending process. If you thrive in a collaborative atmosphere and have a passion for banking, this position is designed for you. Join a team where your contributions directly influence the success of loan management and client satisfaction.

Qualifications

• 3+ years of experience in commercial banking operations or administrative support.
• Solid understanding of loan structure and maintenance.

Responsibilities

• Coordinate with the Deal Team for successful transaction closings.
• Monitor and process fees, principal, and interest throughout the loan lifecycle.

Skills

Commercial Banking Operations

Loan Operations

Attention to Detail

Microsoft Office

Communication Skills

Education

High School Diploma or Equivalent

Job description

Employer Industry: Banking and Financial Services

Why consider this job opportunity:
- Opportunity for career advancement and growth within the organization
- Supportive and collaborative work environment
- Engage in meaningful work that impacts client relationships and loan management
- Work in a role that emphasizes attention to detail and operational efficiency
- Contribute to the compliance and integrity of the lending process

What to Expect (Job Responsibilities):
- Coordinate with the Deal Team for the successful closing of new transactions and ensure compliance with loan documentation
- Monitor and process all fees, principal, interest, rate changes, and modifications throughout the life of the loan
- Investigate and reconcile discrepancies, escalating issues as needed
- Initiate and release wires according to established approval processes and policies
- Assist in supporting management during internal/external examinations of the specialized lending group loan portfolio

What is Required (Qualifications):
- High School diploma or equivalent
- Minimum of three (3) years of commercial banking operations/administrative support experience
- At least two (2) years of loan operations experience with a solid understanding of loan structure and maintenance
- Working knowledge of commercial and syndicated loan standard operating procedures and regulatory policies
- Proficiency in Microsoft Office software products

How to Stand Out (Preferred Qualifications):
- Experience with loan payments and funding mechanisms
- Familiarity with both direct and syndicated loans
- Strong attention to detail and ability to manage multiple priorities effectively
- Excellent written and oral communication skills
- Professional demeanor and ability to work collaboratively within a team

#Banking #FinancialServices #LoanOperations #CareerOpportunity #AttentionToDetail

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