Loan Operations Specialist
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Job Location:
Lake Mary, FL - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
- 401(k) matching
- Bonus based on performance
- Company parties
- Competitive salary
- Dental insurance
- Employee discounts
- Health insurance
- Opportunity for advancement
- Paid time off
- Parental leave
- Training & development
- Vision insurance
- Wellness resources
- Signing bonus
The position is in charge of loan servicing after the transaction has closed. This includes communicating with Commercial Loan Officers and personnel at customer banks routing loan-related documentation to lenders and obtaining proper approval prior to updating ticklers working daily tracking reports performing routine and intermediate loan processing and administration duties and maintaining good customer relations. Maintain a positive attitude and demonstrate exceptional work ethic. The position requires expertise of all aspects of post-closing loan servicing and at levels II and III the incumbent is expected to train and support less experienced loan servicing experts and other staff members. Follows policies and procedures completes administrative activities accurately and on time and upholds the Banks core values.
Assures compliance with all Bank policies and procedures as well as all applicable state and federal banking regulations.
*A one-time sign-on bonus will be issued to the selected candidate upon completion of the hiring process.
2. Checks prior day payments advances maintenance and rate changes and presents findings to the Loan Operations Managers attention.
3. Receives approval by Loan Closers prior to marking an exception as received.
3. Correctly indexes tickler and exception items.
4. Updates the required date in tracking system when updates are received on tickler items.
5. Verifies all insurance policies have appropriate deductibles and coverage amounts.
6. Sends force placed letters on expired insurance policies.
7. Requests a copy of force placed letters on expired insurance policies on purchased participations.
8. Provides effective customer service both internally and externally and assists in resolving problems within given authority.
May also be responsible for:
- processing direct and participated loan payments and advances including the downstream portion.
- collecting funds owed on downstream loan advances.
- paying funds received owed to downstream banks.
- calculating loan pay off amounts for all types of loans.
- verifying the principal and interest balances on each loan when a payment received.
- processing incoming and outgoing wire transfers.
- logging payments and advances not yet processed on the loan clearing spreadsheet daily.
- answering the phone; responding to loan officer or customer inquiries relative to account balances loan balances and payoff requests.
- providing effective customer service and assists in resolving problems within given authority.
- assisting in cross-training less experienced loan servicing personnel in all loan servicing functions.
- creating checklists and writing procedures for department.
- assisting with department projects.
ADDITIONAL DESIRED KNOWLEDGE SKILLS AND EXPERIENCE
Microsoft Excel Word and Outlook (Basic)
Bank loan systems
Bank deposit systems
Imaging systems
Accounting and General Ledger
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age pregnancy genetic information disability status as a protected veteran or any other protected category under applicable federal state and local laws.
Required Experience:
IC
Key Skills
- Financial Services
- Information Technology
- Cost Control
- Corporate Risk Management
- Law
About Company
First National Bankers Bank Community banks throughout the United States turn to First National Bankers Bankshares, Inc. and its subsidiaries, First National Bankers Bank, FNBB Services Corp., FNBB Capital Markets, LLC and FNBB Insurance Agency, LLC for solid, reliable correspondent b ... View more
