Minster Bank ยท 1 day ago
Loan Operations Supervisor - Community Bank
Minster Bank has been a trusted banking partner for over 100 years, focusing on building relationships with individuals and businesses. They are seeking a Loan Operations Supervisor who will oversee daily activities in the loan operations department, ensuring accurate processing and compliance while providing high standards of customer service.
FinanceFinancial Services
Responsibilities
Responsible for the day-to-day management of loan operations which will result in accurate and compliant loan information
Ensures all department software and documents are compliant
Help establish loan input and processing procedures for all types of loans by working with the documentation software and our host accounting software
Supervise the loan operations personnel in accordance with the organization's policies and applicable laws to ensure proper staffing and training
Administers the loan operating software, document generation software, and online customer portal
Assist lenders, processors, underwriters with issues and concerns with software
Review loan packages for completeness of documents and compliance with bank policy, regulatory requirements and secondary market lending parameters
Maintain secondary market rate information by updating consumer rate sheets daily and updating logs
Responsible for the operational aspects of selling loans on the secondary market, which will allow the bank to offer loan products that can be provided by Minster Bank resulting in customer growth
Responsible for balancing and tracking various accounts, which will allow us to be compliant
Complete various loan reports to provide information which will help the loan department run efficiently
Qualification
Required
Associate's degree (A.A.) or equivalent from two-year college or technical school, or six months to one year related experience and/or training, or equivalent combination of education and experience
Ability to calculate figures and amounts such as discounts, interest, commissions, and percentages
Ability to deal with problems involving a few concrete variables in standardized situations
Understand the operational procedures for his/her position and how they affect or relate to other departments within the bank
Have an operational knowledge of specific compliance regulations and laws that affect his/her position
Must have a strong understanding of the core system and loan operation system and understand the relation between the two