Loan Operations Specialist 1

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. Loan Operations Specialist 1 FT Non-Exempt Bloomington, MN, US 24 days ago Requisition ID: 1393 Salary Range: $21.00 To $24.00 Hourly The pay range represents the anticipated base pay for this position. Actual pay will be based on factoring including, but not limited to: market data, internal equity, skillset and knowledge, experience, education and overall qualifications for the role.

JOB SUMMARY

These positions are responsible for all loan and lease operations. Responsible for ensuring that all documenting, booking, funding, and servicing tasks are completed in compliance with the applicable regulations, MidCountry Bank policies and procedures or special requirements as dictated by the loan approval authority.

JOB RESPONSIBILITIES

Create and maintain original loan and lease files, maintaining proper records that follow the Bank’s retention guidelines. Process insurance by overseeing tracking of insurance for loan and lease collateral, verifying renewal policies for adequate insurance coverage, updating insurance ticklers as renewal policies received, conducting appropriate follow up on coverage. Perfect all collateral based on department policy and procedure, including follow-up on receipt of recorded documents. Process paid loans and leases including release of collateral and the coordination of physical document retention/destruction Prepare proper lien release/satisfaction forms within regulatory guidelines on all paid consumer and mortgage loans, including customer notifications. Process ticklers including performing tickler maintenance in a timely manner on core system. Updates daily rate spec changes in core systems Processes loan and lease payments daily Resolve all daily non-post transactions. Administer payoff quotes and payoff transactions. Coordinate resolution for internal and external customers through appropriate internal processes. Monitor denied commercial, agriculture, and consumer loans for adherence to compliance requirements. Monitor loan and lease operation reports (daily, weekly and monthly), identify and resolve problems as appropriate. Provide exceptional service to our internal and external customers Assist with completing special projects and assignments as required by department leadership

JOB REQUIREMENTS

Education- Required for Level: 2-year College/Tech Degree or equivalent experience. Preferred for Level: Bachelor’s Degree or equivalent experience Experience- Required for Level 1: 1+ years of general office experience. Preferred for Level 1: 1+ years of loan and/or lease administration or related experience.

SCHEDULE

This position is scheduled to work 40 hours per week from 8:30 am to 5:00 pm. The Company reserves the right to change the schedule as required for business needs.

BENEFIT INFORMATION

Our Team Members enjoy a comprehensive benefits package, including: Health Insurance with two medical plan options as well as dental and vision options. Employer matched 401(k) plan. Company-paid life insurance, AD&D and short and long-term disability. Team members can also purchase additional life and AD&D insurances. Paid Time Off and all Federal holidays observed. MidCountry Bank is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of race, color, creed, religion, ancestry, age, sexual orientation, marital status, national origin, disability or handicap, veterans status, genetic information or gender identity. MidCountry Bank is an EEO/AA Employer. #J-18808-Ljbffr MidCountry Bank