What are the responsibilities and job description for the Loan Operations Manager position at gpac?
Loan Operations Officer
Position Summary
A local Community bank is seeking an experienced Loan Operations Officer to oversee loan operations, documentation, disbursements, and servicing. This role requires strong knowledge of commercial and industrial (C&I) lending, including oil and gas loans, along with USDA loan experience. The ideal candidate brings at least 7 years of relevant experience, proven management skills, and a strong commitment to accuracy, compliance, and operational efficiency.
Key Responsibilities
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.
Position Summary
A local Community bank is seeking an experienced Loan Operations Officer to oversee loan operations, documentation, disbursements, and servicing. This role requires strong knowledge of commercial and industrial (C&I) lending, including oil and gas loans, along with USDA loan experience. The ideal candidate brings at least 7 years of relevant experience, proven management skills, and a strong commitment to accuracy, compliance, and operational efficiency.
Key Responsibilities
- Lead daily loan operations and supervise staff, ensuring accurate and timely processing, funding, and servicing.
- Support C&I lending, including oil and gas loans, by ensuring documentation and operational requirements are met.
- Review loan documents for accuracy, completeness, proper approvals, and adherence to bank policies and applicable requirements.
- Coordinate loan closings and disbursements, verifying funding conditions and supporting documentation before releasing funds.
- Oversee operational support for USDA loans, including documentation, servicing, reporting, and program compliance.
- Run and review general ledger (GL) reports, reconcile loan-related accounts, research discrepancies, and coordinate corrections.
- Monitor documentation exceptions, collateral records, insurance requirements, and other outstanding loan items.
- Maintain compliance with applicable lending regulations, internal controls, and bank policies.
- Assist with internal and external audits and regulatory examinations by gathering records, answering requests, and supporting corrective actions.
- Prepare reports on loan activity, account reconciliations, documentation exceptions, and operational performance.
- Partner with lending, credit, accounting, and compliance teams to resolve issues and improve workflows.
- Train, coach, and evaluate staff while maintaining clear procedures and accountability.
- 7 years of banking loan operations experience, with substantial commercial lending exposure.
- Management experience required, including staff supervision, training, and workflow oversight.
- Demonstrated knowledge and experience with C&I loans, including oil and gas lending.
- Experience with USDA loans and related documentation and servicing requirements.
- Strong background in loan document review, disbursements, GL reporting, and account reconciliation.
- Working knowledge of lending compliance, audit preparation, and internal controls.
- Ability to prepare accurate reports, resolve discrepancies, and manage competing deadlines.
- Strong communication, organizational, and problem-solving skills.
- Proficiency with bank loan systems and Microsoft Office, particularly Excel.
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.
Salary : $85,000 - $105,000