Loan Operations Specialist II Position Available In Shelby, Tennessee

Loan Operations Specialist

II INSOUTH

Bank 5299 Poplar Avenue, Memphis, TN 38119 Come join our team at INSOUTH Bank and be a part of Tennessee’s oldest community bank, chartered in February of 1869. We are searchin for a Loan Operations Specialist II who would assist in all aspects of the Loan Operations Department with the primary function being filing of loan documents, processing paid loans, updating collateral and credit ticklers, and assisting officers and assistants in obtaining files and copies of files documents.

ESSENTIAL DUTIES AND RESPONSIBILITIES

(Included but not limited to the following): Prepare paid out loans, and partial releases of collateral sending final documents and collateral to officer to forward to customer and working the credit and collateral files. Release insurance by letter to insurance companies. Prepare and mail Deed of Trust, UCC and Life Insurance releases. Remove old ticklers from paid out loans on system. Delete any exceptions showing on the Exception report for the paid-out loan. Prepare and send out Authorization Release forms to officers when loans pay off. Maintain Paid Out Loan Log daily for use in annual storage project of paid loans. Prepare year end logs and box loans for storage on an annual basis. Make General Ledger tickets and issue cashier’s checks for releases as applicable. Prepare file maintenance entries as required for paid collateral addendums. Joint custodian of negotiable collateral – dual control always required. Assist in checking loan files in and out to loan officers, assistants, auditors, examiners, etc. making sure they sign and date checkout card. Prepare report for files out longer than two weeks monthly. Daily filing of credit and collateral files as well as individual documents. Answer e-mail and phone and in person requests for copies of documents. Reconcile VSI account monthly and submit payment to Executive Insurance Co.

Imaging:

1. Prepare and scan assigned loan document packages. 2. Prepare and scan assigned trailing documents. 3. Index assigned documents such as lending, credit, denials, etc. 4. Import documents such as Appraisals, Tax Returns, shared folder item

Records/Files:

1. Create labels and files as needed. 2. Accurately file documents into files. 3. Assists with general filing as needed. 4. Participate in record retention and purging of paid out files. All other duties and projects as needed to ensure that the Loan Operations Department functions are performed as assigned by supervisor. Duties will also include backing up other Loan Operations Specialists when needed. EDUCATION and/or

EXPERIENCE

One year certificate from college or technical school; or one to three years related loan experience and/or training; or equivalent combination of education and experience. If qualified and you would like to apply, Please submit a current resume to human.resources@insouth.com

THANK YOU!

Job Type:

Full-time Benefits:

401(k) 401(k) matching Dental insurance Flexible spending account Health insurance Life insurance Paid time off Referral program Retirement plan Vision insurance

Education:

Associate (Preferred)

Experience:

loan processing related: 1 year (Required) Ability to

Commute:

Memphis, TN 38119 (Required)

Work Location:

In person