Loan Operations Specialist

Our partner is looking for a Loan Operations Specialist in Bettendorf, IA. The Loan Operations Specialist is responsible for maintaining accurate records of loans and leases within the bank's computer system(s).

Responsibilities

• Provide servicing for all types of loans including Commercial, Equipment Finance, Mortgage, and Consumer.
• Input and ensure new and renewed note information meets quality standards.
• Compute interest, principal payments, and payoffs on loans.
• Process loan payments, including participation remittances.
• Monitor various reports to ensure information accuracy.
• Reconcile various general ledger accounts.
• Maintain the bank’s lender-placed insurance.
• Process non-accrual/charge-off loans.
• Process incoming wires.
• Verify and correct E-Oscar disputes.
• Maintain escrow accounts.
• Process paid-in-full loans and release collateral.
• Check in new consumer and mortgage notes and collateral.
• Research and resolve customer inquiries, including paid-in-full loans and collateral.
• Perform monthly reporting and remittance to various investors.
• Promote and implement the bank's sales culture and service philosophies.
• Perform other duties as assigned.

Requirements

• Associate Degree preferred, or a combination of banking experience and/or degree.
• At least six to nine months of banking or related experience preferred.
• Detail-oriented with strong organizational skills.
• Solid knowledge of Microsoft Word, Excel, and Outlook.

Benefits

• Reasonable accommodations for individuals with disabilities to perform essential functions.
• Moderate noise work environment (e.g., business office with computers, phone, and printers, light traffic).
• Ability to work in a confined area and sit at a computer terminal for extended periods.
• Occasional stooping or kneeling may be necessary.
• Regular standing, sitting, talking, hearing, and using hands and fingers to operate a computer keyboard and telephone.
• Specific vision abilities required due to computer work.
• Light to moderate lifting required.
• Regular, predictable attendance required.