Loan Operations Officer Position Available In Davidson, Tennessee
Tallo's Job Summary: The Loan Operations Officer position at Truxton in Nashville, TN, involves supporting loan transaction functions, interfacing with the loan system, and ensuring compliance. Candidates need bank back-office experience, commercial lending knowledge, attention to detail, and organizational skills. This role offers growth opportunities within a profitable financial services firm. Truxton provides benefits such as 401k, insurance, paid holidays/vacation, and support for continued learning.
Job Description
Loan Operations Officer Truxton 20 Burton Hills Boulevard, Nashville, TN 37215
Description:
The Loan Operations Officer will work primarily with the Loan Operations & Administrative team supporting Truxton’s loan transaction and documentation functions. This officer will work with other members of this group and with Deposit Operations to interface with the loan system, effect transfers, and process documentation. We are looking for candidates with experience in bank back-office operations, knowledge of commercial lending practices, and with awareness of bank compliance policies and procedures. Will require a person demonstrating strong attention to detail and organizational skills coupled with a developed strength in collaborative work on internal teams. Truxton will have the expectation that the Loan Operations Officer will move into a leadership role within the Truxton organization, a strongly profitable, growing financial services firm.
WHAT YOU WILL BE DOING
As a member of the Truxton loan operations team, you will: Participate in daily functions related to the onboarding, servicing, and maintenance of commercial loans, including new loan bookings, modifications, renewals, and extensions. Complete loan maintenance pertaining to active loans including payment setup (ACH & autopay), payment and fee corrections, and other changes as required. Perform quality control and reconciliation of loan transactions. Daily reconciliation of general ledger loan account balances (loan suspense / escrow payable / loan settlement, etc.). Prepare and review reports on loan activity, portfolio status, compliance tracking and other key operational metrics. Review and organize loan documentation on the digital image retention system. Identify and track documentation exceptions. Manage collateral requirements, including tracking, verification, and maintaining appropriate documentation. Set up and process investor remittance for participations purchased and sold. Contribute to escrow setup and analysis, monitor escrow-related activities of other loan personnel. Assist loan operations personnel with preparation of loan material for examiners, auditors, committees, etc. Interface with auditors and examiners as needed to meet their information requirements.
Requirements:
Attributes and Abilities Problem solver, able to both diagnose challenges and solve them efficiently Able to seamlessly toggle between independent work and collaborating with a team; a self-starter Detail-oriented, organized, and able to handle multiple tasks in a timely fashion Experience and Skills 7+ years of working knowledge and experience in loan operations Highly proficient with Microsoft Excel and other financial software systems Familiarity with other bank software and applications Education and Designations Bachelor’s degree in Finance, Economics, Accounting, or a related field.
ABOUT TRUXTON WHO WE ARE
Truxton is a premier provider of wealth, banking, and family office services for wealthy individuals, their families, and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (
OTCPK:
TRUX).
MISSION STATEMENT
To do the right thing every day, putting our clients’ interests first, with distinctive, comprehensive financial solutions that protect and promote client prosperity and quality of life.
WHAT WE OFFER
401k + company match Medical, life, dental, vision insurance Paid federal holidays and vacation Employee assistance program (EAP) Support towards continued learning and industry certifications
WHY YOU SHOULD WORK HERE
Truxton is a highly profitable and growing company that has been recognized by American Banker as the 9th best community bank (top-ranking TN bank) based on 3-year ROAE Opportunities to grow your expertise, take on new challenges, and gain exposure to a wide range of sophisticated work Because we are a smaller company, you will have the opportunity to chart your own course and contribute to initiatives that go beyond your job title Opportunities for incentive bonuses through new business referral
