What are the responsibilities and job description for the Loan Operations Specialist II position at Bank of Fayette County?
Benefits:
Summary of Primary Duties and Responsibilities:
The Loan Operations Specialist II performs intermediate-level loan servicing responsibilities requiring experience, independent judgment, and detailed knowledge of loan documentation and servicing systems. The role supports more complex functions, assists with problem resolution, and may serve as a resource to Specialist I staff. This position ensures loan data accuracy, regulatory compliance, and timely processing of collateral and servicing activities.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
KNOWLEDGE, SKILLS AND ABILITIES
EDUCATION/EXPERIENCE
Work Schedule: 8:00 am – 5:00 pm – overtime may be required occasionally to meet processing needs.
Job-Posting Eligibility Requirements
1. You must be in your present position for a minimum of 6 months.
2. You must meet the qualifications/requirements listed above.
3. Your most recent evaluation must reflect your job performance as satisfactory or better.
4. You must notify your immediate supervisor/manager of your intent to submit a job-posting application.
Job-Posting Application Procedure
1. Complete a job-posting application form, available in the Human Resources Department or at the following: Application
2. Return the completed form to the Human Resources Department and give a copy to your immediate supervisor/manager by the closing date indicated above.
3. You will be contacted within three working days of receipt of your application.
- Health insurance
- Paid time off
- Vision insurance
- 401(k)
- 401(k) matching
- Bonus based on performance
- Dental insurance
Summary of Primary Duties and Responsibilities:
The Loan Operations Specialist II performs intermediate-level loan servicing responsibilities requiring experience, independent judgment, and detailed knowledge of loan documentation and servicing systems. The role supports more complex functions, assists with problem resolution, and may serve as a resource to Specialist I staff. This position ensures loan data accuracy, regulatory compliance, and timely processing of collateral and servicing activities.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Processes complex loan servicing transactions including escrow, collateral updates, and exception resolution.
- Reviews and verifies loan boarding information for accuracy.
- Corresponds with title companies, insurance providers, and customers.
- Researches and resolves escalated servicing issues.
- Performs quality control checks on documents and system data.
- Ensures compliance with regulatory requirements such as RESPA, flood insurance, and FCRA.
- Supports audits and internal reviews.
- Provides training and guidance to Specialist I employees.
KNOWLEDGE, SKILLS AND ABILITIES
- Knowledge: Understanding of loan servicing regulations, loan documentation, and collateral processes.
- Skills: Analytical thinking, effective communication, problem-solving, accuracy.
- Abilities: Ability to handle complex tasks independently and manage multiple priorities.
EDUCATION/EXPERIENCE
- High School Diploma or equivalent.
- 2–5 years of loan operations or loan servicing experience.
Work Schedule: 8:00 am – 5:00 pm – overtime may be required occasionally to meet processing needs.
Job-Posting Eligibility Requirements
1. You must be in your present position for a minimum of 6 months.
2. You must meet the qualifications/requirements listed above.
3. Your most recent evaluation must reflect your job performance as satisfactory or better.
4. You must notify your immediate supervisor/manager of your intent to submit a job-posting application.
Job-Posting Application Procedure
1. Complete a job-posting application form, available in the Human Resources Department or at the following: Application
2. Return the completed form to the Human Resources Department and give a copy to your immediate supervisor/manager by the closing date indicated above.
3. You will be contacted within three working days of receipt of your application.