Loan Operations Specialist

Gpaclakefield, MN

$45,000 - $65,000 / year

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Overview

Remote

On-site

Compensation

$45,000-$65,000/year

Job Description

Position Summary: Join our dynamic team as a Loan Operations Specialist, where you will play a crucial role in ensuring the accuracy and efficiency of our loan process. Your attention to detail and problem-solving skills will be essential in performing loan research, resolving issues, and processing loan payoffs.

Essential Job Duties:

Loan Booking: Accurately book new loans, renewals, modifications, letters of credit, and guidance lines of credit.
SBA Loans: Handle the booking of new SBA loans and ensure compliance with 1502 reporting to the FTA.
Document Management: Scan loan files and conduct thorough post-closing loan reviews.
Payment Processing: Post payments, draws, and principal reductions with precision.
Quality Control: Edit loans booked to the loan platform for accuracy and manage participation loan processing for both purchased and sold loans.
Transaction Management: Clear loan unposted transactions and address general loan questions and research.
Account Balancing: Balance loan general ledger clearing accounts and execute the recording/release of applicable documents.
Exception Tracking: Maintain and report on document exception tracking.

Required Skills and Competencies:

Experience: Minimum of three years in Loan Operations.
Education: College degree in a business-related field.
Communication: Excellent written and verbal communication skills for effective interaction with internal and external clients.
Problem-Solving: Strong ability to independently identify, analyze, and resolve technical problems related to the Bank’s automated loan systems.

Why Join Us?

Innovative Environment: Be part of a forward-thinking team that values innovation and continuous improvement.
Professional Growth: Opportunities for career advancement and professional development.
Collaborative Culture: Work in a supportive and collaborative environment where your contributions are valued.

How to Apply: Submit your confidential resume to karen.smith@gogpac.com

All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.

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FAQs About Loan Operations Specialist Jobs at Gpac

What is the work location for this position at Gpac?

This job at Gpac is located in lakefield, MN, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Gpac?

Candidates can expect a pay range of $45,000 and $65,000 per year.

What employment applies to this position at Gpac?

The employer has not provided this information. This may be discussed during the hiring process.

What is the process to apply for this position at Gpac?

You can apply for this role at Gpac either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.