Loan Operations Specialist

Job description

Description The Loan Operations Specialist supports the operational processing and system maintenance of consumer and commercial loans after closing. This role is responsible for accurate loan boarding, ongoing core system maintenance, and operational controls related to the bank’s loan portfolio. This role is critical in maintaining data integrity, compliance with banking regulations, minimizing operational risk, and delivering high-quality service to internal partners and customers. Key Responsibilities: - Book new loans, renewals, modifications, and extensions into the core system based on approved and executed transactions - Perform general maintenance updates on core system loan records and resolve exceptions or issues in a timely manner - Ensure loan data integrity by validating system inputs and reconciling discrepancies - Support operational compliance by adhering to internal policies, procedures, and regulatory requirements - Review and monitor loan-related reports - Reconcile designated loan related GLs - Process payment corrections, fees, and other loan-related transactions - Accurately process participation loan payments and advances - Coordinate with the bank’s sales t...