Loan Operations Specialist
Tailored Management
Loan Operations Specialist
This is your opportunity to join a multinational investment bank and financial services holding company whose investment banking and auxiliary sectors are headquartered in Manhattan, NY!
Location: Saint Louis, MO 63101
Pay Rate: $21.03/hr, paid weekly
Schedule: Fully onsite from Monday-Friday, 7:30am-4:00pm or 8:00am-4:30pm
Start Date: ASAP, pending onboarding completion
Contract Length: 12-months, with potential to extend or convert
Overview: We're hiring a Commercial Loan Operations Specialist to join a fast-paced banking operations team! If you have experience in commercial loan servicing, collateral management, or loan operations and enjoy working in a detail-oriented environment, we'd love to hear from you.
Responsibilities
- Support commercial loan administration and collateral management activities.
- Maintain accurate collateral records and process updates in loan servicing systems.
- Establish, monitor, and maintain loan ticklers to ensure timely follow-up.
- Prepare, review, and maintain commercial loan documentation.
- Research and resolve credit exceptions and operational discrepancies.
- Partner with internal stakeholders to ensure operational requirements are completed accurately and on schedule.
- Perform data entry and maintain loan information across multiple systems.
- Identify operational risks and escalate issues as needed.
- Manage multiple priorities while maintaining high accuracy and service standards.
Required Skills and Qualifications
- 2+ years of experience in commercial banking, loan operations, loan servicing, or collateral management.
- Experience with commercial loan servicing or loan administration processes.
- Familiarity with commercial loan documentation and commercial lending terminology.
- Experience researching and resolving credit exceptions.
- Strong attention to detail and organizational skills.
- Excellent written and verbal communication skills.
- Ability to manage a high volume of work in a fast-paced environment.
- Strong problem-solving and investigative skills.
- Ability to work independently with minimal supervision.
- Proficiency in Microsoft Excel, Outlook, Word, and Teams.
- Experience with LIQ or a similar loan servicing system is a plus.
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