4 Loan Operations Specialist Jobs in Lakeland, FL
Prime Meridian Bank is Hiring a Loan Operations Specialist Near Lakeland, FL
General Summary
Performs primary and secondary duties to ensure the department is functioning properly. Interacts with Relationship Managers, Associalte Relationship Managers, other internal personnel, clients, and third-party providers to complete tasks associated with the origination and servicing of loans.
Duties and Responsibilities
- Preparation of new and renewed loan documentation adhering to Federal Regulations, State Regulations and Bank Policy. Funding of new loans for portfolio and held for sale loans.
- Booking of new, renewed and extended loans. Input of tickler information, perform loan post closing duties such as payment to third parties and sending documents for recording. Entry and balancing of daily key sheets.
- Working of the loan tickler report, verification of current and adequate insurance, file and maintain Uniform Commericial Code (UCC) filings, verification of receipt of recorded documents and final title policies and life insurance assignments.
- Demonstrates a working knowledge of the loan accounting system, daily reconciliation of loan related general ledger accounts.
- Escrow processing, payment of escrowed taxes and insurance. Monthly processing of escrow account analysis.
- Assist clients with routine inquiries regarding payoffs, loan reference and other loan details.
- Maintains and sets up files on each loan and ensures that the information is complete and accurate.
- Keys and balances monetary transactions including payments, payment reversals, payoff checks, loan advances and fee waivers.
- Researches and clears rejected items and unposted items in a timely manner in order to mitigate risk of loss.
- Participation payment processing.
- Paid out loan processing, preparation of mortgage satisfactions and partial releases.
- Verification of held for sale settlements, posting of entries, input and balancing of monthly held for sale reports.
- Delinquent real estate tax tracking and reporting.
- Scans, verifies and indexes loan files and other related loan documentation.
- Verification of scanning. Ready boxes for shipment to offsite storage. Maintain file box logs.
- Works departmental reports with varying frequencies to ensure compliance and mitigate risk.
- Preparation and input of loan related wire transfers.
- Maintains a thorough understanding of the Loan Operations process from start to finish.
- Responsible for actively working with other employees to grow the organization.
- Performs other duties as assigned.
Job Summary
Full Time
$38k-49k (estimate)
12/07/2023
05/14/2024
primemeridianbank.com
Tallahassee, FL
100 - 200
Related Companies
The job skills required for Loan Operations Specialist include Loan Processing, Written Communication, Attention to Detail, General Ledger, Data Entry, Life Insurance, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Operations Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Operations Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Operations Specialist positions, which can be used as a reference in future career path planning. As a Loan Operations Specialist, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Operations Specialist. You can explore the career advancement for a Loan Operations Specialist below and select your interested title to get hiring information.
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