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Western Bank

Loan Operations Specialist

Career Insights for Loan Administrator / Manager

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Based on Texas data

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What they do

A Loan Administrator or Manager services a loan once it has been agreed. Sends monthly bills to the loan recipient. May also maintain payment records and monitor compliance with the loan agreement.

$72,700 / year median in Texas

-3% projected decline

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Job Description

Loan Operations Specialist Western Bank Lubbock, TX Job Details Full-time $22 - $25 an hour 20 hours ago Benefits Health insurance Dental insurance 401(k) Paid time off Vision insurance 401(k) matching Life insurance Retirement plan Qualifications Compliance with loan regulations High school diploma or GED Full Job Description Description Position Summary Work as a team to perform daily tasks within a fast-paced Loan Operations department. Responsible for ensuring accurate and timely operations of the Bank's loan process to include but not limited to: booking all types of loans on the Bank's loan system, imaging loan documents, verifying and auditing loan inputs, following up on loan documentation files (credit/collateral), maintaining document tracking exceptions, completing and reviewing daily reports and balancing, performing loan research, and resolving problems. Essential Duties and Responsibilities Perform loan task, including but not limited to loan boarding, loan modifications, tickler updates, collateral maintenance Prepare loan documentation for all types of loans within LaserPro Board all types of loans and complete quality control to core system Service loan payments with participation banks Resolve any loan exceptions or corrections Research payment issues and discrepancies Research and process un-posted items Maintain standard operations procedural documentation Perform quality control Complete and analyze daily reports Conduct report writing as needed or assigned Perform other loan operations duties as assigned by supervisor
Qualifications Education/Certification:
High school graduate or equivalent, college degree preferred
Required Knowledge:
Extensive working knowledge of lien perfection and regulatory requirements pertaining to commercial, real estate, agricultural, and consumer loans.
Experience Required:
Recommended 2 years prior banking experience or in loan operations
Skills/Abilities:
Detail oriented; strong organizational, analytical, and critical thinking skills with the ability to manage and prioritize multiple responsibilities, deadlines and changing priorities. Demonstrate the ability to learn and use new software and programs. Proficient computer skills; above average communication skills.
Pay:
$22.00 - $25.00 per hour
Benefits:
401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Retirement plan Vision insurance
Work Location:
In person