What are the responsibilities and job description for the Loan Operations Representative position at Minster Bank?
WHY WORK FOR MINSTER BANK?
When choosing a bank partner, relationships matter. For over 100 years, Minster Bank has been helping individuals, families and businesses achieve their dreams by offering a variety of services. We encourage our employees to achieve their dreams by providing a family-friendly work environment that promotes growth, job satisfaction and teamwork.
JOB SUMMARY
The Loan Operations Representative is responsible for various clerical and operational responsibilities for the loan department. Other responsibilities include:
- Reviews loan packages for completeness of documents and compliance with bank policy, regulatory requirements and secondary market lending parameters.
- Maintains secondary market rate information by updating consumer rate sheets daily and updating logs.
- Responsible for operational aspect of selling loans on the secondary market.
- Balances various accounts, which will allow us to be compliant.
- Conducts compliance review on real estate loans.
- Completes various loan reports.
- Works with other employees and customers to help the loan department run efficiently and provide excellent customer service.
KNOWLEDGE, SKILLS & ABILITIES
- High School Diploma or general education degree (GED); or one to three months related experience/and or training; or equivalent combination of education and experience.
- Ability to read and write and comprehend simple instructions, short correspondence, and memos.
- Ability to calculate figures and amounts such as discounts, interest, commission, and percentages.
JOB TYPE: Full-Time, Non-Exempt, 36 hours
WORK LOCATION: In person
SCHEDULE: Day shift Monday through Friday with some additional hours if needed
Minster Bank is an equal opportunity employer.