What are the responsibilities and job description for the Loan Operations Associate position at Esquire Bank?
Department: Loan Operations
Reports To: SVP, Loan Operations and Services
Location: Rosemont, IL
Signature, a division of Esquire Bank, is focused on lending to small to medium sized businesses. With plans for additional growth, we have identified a need to add a Loan Operations Associate to coordinate a variety of loan support functions.
Position Summary
Loan support functions will include but will not be limited to handling loan payments, booking loans via Silverlake/Xperience(core) and FISERV, preparing LaserPro documents, loan maintenance, line advances, pay-off letters, printing and mailing loan statements, loan pay-offs, loan exception reporting, data entry, insurance tracking and filing. Some scanning and quality control will also be part of this position.
This position will report directly to the SVP of Loan Operations with some interaction with the lending administration team and the lending officers.
Essential Duties and Responsibilities
- Utilize best practices and work with staff to develop continuity within the loan operations functions
- Understand the loan process from first contact to payoff
- Knowledge of LaserPro
- Prepare departmental reports when needed
- Understand lien perfection for a variety of loan types
- Communication within the department and cross-functional teams
- Regularly review outgoing correspondence for professionalism and compliance
- Good with multi-tasking and time management is a priority
- Establish and ensure maintenance of loan information on document imaging software for tracking exceptions
Qualifications and Requirements
To perform this job successfully, an individual must be able to perform each of the responsibilities listed above. Commercial loan processing experience is required. An ability to read, write, and understand English is required. An ability to manage shifting priorities, multi-task and make logical decisions is necessary. Experience with Microsoft Office suite and Outlook programs on an intermediate level or above is desired. Ensure that all activities are performed in compliance with federal, state and Bank Secrecy Act regulatory requirements.
Benefits:
- Salary $65,000 - $80,000 per year
- Health insurance (medical, dental and vision), paid time off, 401k with employer match and annual performance bonus
- Hybrid position with 1 remote workday per week after 90-day probationary period
- Opportunities for professional growth and development. Positive and inclusive work environment.
Apply now to be part of a dynamic organization dedicated to delivering excellence in banking services. Forward resumes to ann.buzzo@signature.esqbank.com. Signature is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other protected characteristic.
Salary : $65,000 - $80,000