Loan Operations Specialist - C&I at Merchants Bank of Indiana
Carmel, IN 46032, USA -
Full Time


Start Date

Immediate

Expiry Date

01 Dec, 25

Salary

0.0

Posted On

01 Sep, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Compliance Regulations, Legal Requirements, Regulatory Guidelines, Loans, Training

Industry

Banking/Mortgage

Description

Description:
The Loan Operations Specialist supports the daily functions of the Bank’s Loan Operations Department, serving to support all commercial and consumer lending functions of the bank. The Loan Operations Department has the major functions of ensuring that the documents created for loan closings are correct and that all loan documents are exception free and the collateral is perfected. The Loan Operations Department also interfaces with the bookkeeping and proof-transit functions areas of the Bank to ensure that all transaction entries (payments, advances, new loan advances, general ledger entries, etc.) are performed correctly and that appropriate general ledger accounts are monitored and balanced.

IN ONE YEAR AS A LOAN OPERATIONS SPECIALIST, YOU WILL KNOW YOU WERE SUCCESSFUL IF YOU…

  • Supports all departmental functions and assures the departmental objectives are achieved in providing accurate and timely loan documentation, servicing of the loan and maintaining collateral files; closely monitors loan documentation and collateral exceptions to ensure that such items are kept to minimum levels consistent with Bank policy.
  • Meets all pre-established customer services goals particularly by ensuring that loan closing documents are provided to lenders quickly and accurately.
  • Manages the approved pipeline of loans to ensure customer expectations are met or exceeded around the loan closing process.
  • Provide assistance and support to staff in dealing with problems. Supports the resolution of particularly sensitive or complex situations. Ensures that staff members are fully informed of appropriate compliance regulations, legal requirements, policies and procedures, providing on-the-job training, if necessary.
  • Responsible for working within regulatory guidelines and bank policies that are applicable to the areas this position supports.
  • Attend training on applicable subjects when available and appropriate for position.
  • Perform other duties as assigned.
    Requirements:

How To Apply:

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Responsibilities

Please refer the Job description for details

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