b1BANK
Loan Operations Specialist I
b1BANK, Lake Charles, Louisiana, us, 70612
SUMMARY
Responsible for timely and accurate boarding of loans to the bank's core system, processing of loan account maintenance, processing of loan advances & loan payments on the bank's core system, remittance of participation transactions and settlement, processing of non-accrual & charge off loan transactions, daily account reconciliation, and processing of un-posted loan transactions.
SPECIFIC JOB DUTIESBoards all loan types to the bank's core system, as well as processes modifications and renewals to existing loansReview loan documentation post-closing to verify all required documents have been received and signedProcesses advances, loan payments, and loan maintenance by either preparing necessary paper transactions, or direct input to the bank's core systemHandles all rate swap correspondence with customers and originator, as well as wires for rate swap paymentsProcess participation transactions, and correspond with participant banks as neededCompletes credit confirmation inquiriesHandles recordation of mortgages and UCC filings for new collateral to ensure proper lien perfection of bank's collateralResponsible for initial input of loan file ticklers and exceptionsBalances various general ledger accountsMail daily loan notices and statements to clientsResponsible for gathering internet payment information from Dimension and Check Free and posting to loansWorks daily reports produced by the bank's core systemHandles processing of daily unposted itemsProcessing of loan account risk rating changes, accrual changes, and charge off entriesJOB REQUIREMENTS
Associate's Degree or Bachelor's Degree in a Business or Finance related field1 (one) to 2 (two) years of loan operations experienceStrong understanding of loan application policies and procedures, as well as documentation required by federal and state regulationsStrong working knowledge of other departments, as they relate to loan operationsStrong interpersonal communicationStrong organizational and time management skillsStrong computer, keyboard, and software application (Microsoft Word and Excel) skills
Equal Opportunity Employer/Veterans/Disabled
Responsible for timely and accurate boarding of loans to the bank's core system, processing of loan account maintenance, processing of loan advances & loan payments on the bank's core system, remittance of participation transactions and settlement, processing of non-accrual & charge off loan transactions, daily account reconciliation, and processing of un-posted loan transactions.
SPECIFIC JOB DUTIESBoards all loan types to the bank's core system, as well as processes modifications and renewals to existing loansReview loan documentation post-closing to verify all required documents have been received and signedProcesses advances, loan payments, and loan maintenance by either preparing necessary paper transactions, or direct input to the bank's core systemHandles all rate swap correspondence with customers and originator, as well as wires for rate swap paymentsProcess participation transactions, and correspond with participant banks as neededCompletes credit confirmation inquiriesHandles recordation of mortgages and UCC filings for new collateral to ensure proper lien perfection of bank's collateralResponsible for initial input of loan file ticklers and exceptionsBalances various general ledger accountsMail daily loan notices and statements to clientsResponsible for gathering internet payment information from Dimension and Check Free and posting to loansWorks daily reports produced by the bank's core systemHandles processing of daily unposted itemsProcessing of loan account risk rating changes, accrual changes, and charge off entriesJOB REQUIREMENTS
Associate's Degree or Bachelor's Degree in a Business or Finance related field1 (one) to 2 (two) years of loan operations experienceStrong understanding of loan application policies and procedures, as well as documentation required by federal and state regulationsStrong working knowledge of other departments, as they relate to loan operationsStrong interpersonal communicationStrong organizational and time management skillsStrong computer, keyboard, and software application (Microsoft Word and Excel) skills
Equal Opportunity Employer/Veterans/Disabled