Mortgage Loan Operations Specialist I jobs in United States
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Mercantile Bank · 1 month ago

Mortgage Loan Operations Specialist I

Mercantile Bank is Michigan's largest community bank, dedicated to building strong relationships and serving diverse communities. The Mortgage Loan Operations Specialist I will ensure seamless onboarding of consumer loans, process loan records, analyze reports, and provide customer support in a dynamic environment.

BankingFinancial ServicesLendingMobile Apps
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Senior Management

Responsibilities

Process and Maintain Loan Records: Onboard consumer loans into the core banking system accurately, perform loan account maintenance, and address non-posted transactions using mortgage software and Microsoft Excel
Analyze Reports and Reconcile Ledgers: Review system reports, research and resolve discrepancies, and ensure accuracy by reconciling departmental general ledgers
Provide Customer Support and Communication: Handle internal and external inquiries by phone, offering clear and timely assistance on loan-related matters while fostering effective communication

Qualification

Banking operations experienceLending regulations knowledgeMortgage loan documentationAccounting backgroundMicrosoft Excel proficiencyAnalytical skillsProblem-solving skillsEffective communicationAttention to detail

Required

1-3 years job related experience in the following areas: banking operations or a similar role
Accounting background
Proficient knowledge of computer programs such as Microsoft Office
Lending regulations and mortgage loan documentation

Preferred

Experience in bank loan operations, including loan loading and maintenance
Understanding of lending regulations and mortgage loan documentation

Benefits

Competitive compensation
Bonus opportunities
Best-in-class benefit options
Minimum of 3 weeks' vacation
Sick time
11 paid holidays
Generous 401k match of 5%
Company paid life insurance
Tuition reimbursement
IVF and adoption assistance
Zero-interest loans for fitness equipment and business attire
Discounted bank services
Employee stock purchase plan
529 savings plans
Health savings accounts
Flexible spending accounts
Legal protection
Exceptional training and development opportunities
Encouragement to connect with community through volunteer opportunities

Company

Mercantile Bank

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Mercantile Bank of Michigan was founded in 1997 by Directors and Bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots.

Funding

Current Stage
Public Company
Total Funding
$90M
Key Investors
U.S. Bancorp
2025-12-24Post Ipo Debt
2022-01-14Post Ipo Debt· $15M
2021-12-15Post Ipo Debt· $75M

Leadership Team

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Michael Price
CEO
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Chuck Christmas
EVP - Chief Financial Officer
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Company data provided by crunchbase