Loan Operations Specialist jobs in United States
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Herring Bank · 15 hours ago

Loan Operations Specialist

Herring Bank is seeking a Loan Operations Specialist who thrives in a collaborative environment and takes pride in accuracy, organization, and excellent customer service. This role supports lending teams by ensuring smooth loan processing from start to finish, including managing post-closing documentation and compliance.

BankingFinancial ServicesLendingWealth Management

Responsibilities

Process and board new and renewed commercial, consumer, and agricultural loans
Handle loan payments, participation and collection payments, and wire transfers
Process credit card applications and perform account maintenance
Balance daily loan control general ledger and process loan disbursements
Maintain production and assistant logs, and scan loan documents to imaging systems
Monitor and clear loan exceptions including titles, recorded documents, and UCC filings
Review and reconcile daily, weekly, and monthly reports, making necessary adjustments
Manage E-Oscar and Experian reporting updates
Prepare loan payoffs and adverse action notices
Process invoices for vendors (e.g., flood determinations, Central Notification System, SOS filings)
Ensure compliance with applicable regulations (Reg Z, Reg B, Reg X, FLOOD, OFAC, etc.)
Foster a culture of teamwork and customer focus within the loan operations department

Qualification

Loan processingRegulatory complianceAttention to detailOrganizational skillsMultitaskingBanking systems knowledgeCommunication skillsProblem-solving

Required

High school diploma or equivalent required
Strong attention to detail and organizational skills
Ability to prioritize tasks and work efficiently in a fast-paced environment
Excellent communication and interpersonal skills
Proven problem-solving and multitasking ability

Preferred

Some college or banking experience preferred
Working knowledge of loan documentation, credit tracking, or banking systems a plus

Benefits

401(k)
401(k) matching
Dental insurance
Health insurance
Paid time off

Company

Herring Bank

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Herring Bank is a financial services provider that offers retail banking, wealth management, commercial loan products and solutions.

Funding

Current Stage
Growth Stage

Leadership Team

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Danny Skarda
President/ CEO
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Nurul Rafi, PhD
Jr. Chief Financial Officer
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Company data provided by crunchbase