Loan Operations Associate
Esquire Bank
Rosemont, IL0–2 yrs2m agovia LinkedIn
About the Role
Signature, a division of Esquire Bank, is focused on lending to small to medium sized businesses. With plans for additional growth, we have identified a need to add a Loan Operations Associate to coordinate a variety of loan support functions.
Position Summary
Loan support functions will include:
- Handling loan payments
- Booking loans via Silverlake/Xperience (core) and FISERV
- Preparing LaserPro documents
- Loan maintenance
- Line advances
- Pay-off letters
- Printing and mailing loan statements
- Loan pay-offs
- Loan exception reporting
- Data entry
- Insurance tracking and filing
- Scanning and quality control
This position will report directly to the SVP of Loan Operations with some interaction with the lending administration team and the lending officers.
Key Responsibilities
- Utilize best practices and work with staff to develop continuity within the loan operations functions
- Understand the loan process from first contact to payoff
- Prepare departmental reports when needed
- Understand lien perfection for a variety of loan types
- Communication within the department and cross-functional teams
- Regularly review outgoing correspondence for professionalism and compliance
- Establish and ensure maintenance of loan information on document imaging software for tracking exceptions
Requirements & Tech Stack
- LaserPro
- Microsoft Office suite and Outlook programs on an intermediate level or above is desired
- Silverlake/Xperience (core)
- FISERV
Qualifications
- Commercial loan processing experience is required.
- An ability to read, write, and understand English is required.
- An ability to manage shifting priorities, multi-task and make logical decisions is necessary.
- Ensure that all activities are performed in compliance with federal, state and Bank Secrecy Act regulatory requirements.
Benefits
- Salary: $65,000 - $80,000 per year
- Health insurance (medical, dental and vision)
- Paid time off
- 401k with employer match
- Annual performance bonus
- Hybrid position with 1 remote workday per week after 90-day probationary period
- Opportunities for professional growth and development.
- Positive and inclusive work environment.