What are the responsibilities and job description for the Loan Operations Specialist - Commercial Loan Documentation and Servicing - Banking #26-06 position at First Federal?
Community Bank - Loan Operations Specialist
Type: Full-Time, On-Site
Join Our Team as a Loan Operations Specialist
First Federal is seeking a Loan Operations Specialist to support our loan processing and servicing team. This role plays a critical part in managing commercial, consumer, and mortgage loan documentation, processing, and customer support. The ideal candidate will have Finastra LaserPro experience, strong attention to detail, solid organizational skills, and excellent customer service abilities. Located on-site with our team at our corporate headquarters in McMinnville, Oregon, this is not a remote position.
Why Work With Us?
- Community-Focused - Serving our customers and communities for over 100 years.
- Growth-Oriented - Opportunities for professional development and career advancement.
- Collaborative Environment - Work with a supportive and knowledgeable team.
Key Responsibilities
- Assist customers in-person and by phone with loan account questions and inquiries.
- Process payments, loan advances, and billing statements with accuracy and efficiency.
- Prepare documents using LaserPro.
- Prepare and review commercial loan documentation utilizing LaserPro for various loan types while ensuring compliance.
- Monitor escrow accounts, insurance, and tax payments.
- Support loan funding and boarding processes with minimal oversight.
- Review and process consumer credit reports and private mortgage insurance (PMI).
- Assist with loan compliance, regulatory reporting, and document imaging.
- Work closely with internal teams and vendors to maintain efficient loan operations.
Qualifications
- Experience: Minimum of 3 years in commercial and residential loan operations, banking, or financial services.
- Education: Associate's degree in Business Administration preferred (or equivalent experience).
- Skills: Strong attention to detail, excellent time management, and proficiency in Microsoft Word, Excel, and Outlook. LaserPro experience preferrerd.
- Knowledge: Understanding of loan compliance regulations, loan documentation, commercial loan documentation, and servicing policies.
- Customer Service: Ability to effectively communicate with clients and internal teams.
- Preferred: Notary certification is a plus.
Benefits
- Competitive salary and comprehensive benefits package.
- Paid volunteer time off to support community engagement.
- Professional development and career growth opportunities.
- A team-oriented and inclusive work environment.
Pre-Employment Requirements
This position will have access to cash, financial instruments, financial transactions or confidential customer financial information. As a result, the following pre-employment screens are required.
- Pre-employment drug screen (excluding Marijuana)
- Criminal background screen
- Consumer credit report
Applications
If you are a detail-oriented professional with experience in loan operations and are looking for an opportunity with a stable and community-focused financial institution, we encourage you to apply today.
Applications for employment are available online at First Federal at https://firstfed.applicantpool.com/jobs/
Apply Now to Join Our Team!
Deadline for Application: Position will remain open until filled.
First Federal is an Equal Opportunity Employer-Vets/Disabled, committed to a diverse workforce. First Federal participates in the Federal E-Verify Program and is an Affirmative Action Employer. If you need assistance with completion of an application for employment, please contact the Human Resources Department at 503-435-3241 or email humanresources@firstfedweb.com.
Key Concepts: Banking and Financial Services; loan operations; loan documentation; consumer loans; mortgage loans; commercial loans; banking jobs; financial services jobs; Onsite in McMinnville, Oregon
Pre-Employment Requirements: This position will have access to cash, financial instruments, financial transactions or confidential customer financial information. As a result, the following pre-employment screens are required:
- Pre-employment drug screen - excluding Marijuana
- Criminal background screen
- Consumer credit report