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Prosperity Bank · 4 days ago

EF - Loan Operations Manager (Full Time) - Remote

United States

Full-time

Remote

Senior Level

5+ years exp

Prosperity Bank is a financial institution seeking a Loan Operations Manager. This role is primarily responsible for managing the documentation and closing life cycle of Equipment Finance transactions, ensuring compliance and effective communication across multiple departments.

BankingFinancial Services

Responsibilities

Manage the entire transaction documentation and closing process for Equipment Finance transactions including those with complex documentation or structures as well as third party documentation from syndicated partners

Decide when all underwriting, pricing and/or equipment management approval conditions for documentation have been satisfied

Decide proper course of action if any contradictions are identified in documentation, escalate issues as needed

Utilize discretion to escalate any potential risk discovered during funding process, including identifying potential fraud

Interpret and develop commercial loan documents for collateral associated with complex commercial loans

Resolve complex documentation issues, identify opportunities and work with management to implement operating practice improvements to maximize efficiency

Consult with customers and dealers and be able to apply discretionary judgment to accommodate inquiries regarding loan documentation satisfaction

Effectively prioritize a fluctuating workload and meet demanding funding deadlines

Execute titling documentation, research titles, and resolve issues as needed within company timeline

Interface with customers, sales team, credit department, collections and accounting team, and various DMV agencies to ensure titles are properly processed and complete

Identify and address commercial loan documentation and/or lien position perfection issues that may create problems with the commercial loan funding

Control and prioritize work queues for new lease/loan transactions

Lead and manage team through training, developing, and coaching associates on a consistent basis

Encourage others to set challenging goals and high standards of performance