Loan Operations Specialist

Loan Operations Specialist
Location: 800 Market St., St. Louis, MO 63101
Pay Rate: $30.22/hour on W2 (paid weekly)
Schedule: Monday - Friday, 8AM - 5PM. Onsite
Start Date: November, pending onboarding completion.
Contract: Initial 12-month contract
Contract Extension or Conversion to FTE: Based on performance, attendance, and business needs
Access to Health Benefits

Overview
We are seeking a dedicated Loan Operations Specialist to join our Commercial Lending team in St. Louis. This is an essential, on-site role that focuses on ensuring accuracy and efficiency throughout the loan processing lifecycle. The ideal candidate is organized, excels at multitasking, and thrives in a fast-paced environment. An in-person interview will be required.

Key Responsibilities

• Complete customer setup in the system of record.
• Review signed loan documents for accuracy and completeness.
• Verify the receipt of all documents required for loan booking.
• Perform detailed due diligence based on collateral and loan types.
• Process and send funds via wire transfers according to funding instructions.
• Book loans onto the bank's system of record and perfect the bank's collateral.
• Maintain control of bank collateral through setup, exception tracking, and standardization of collateral files.
• Ensure initial lien perfection and accurately input all data changes.
• Conduct independent research and confidently discuss loan details with internal partners.
• Ensure data accuracy and the timely completion of all loan review, booking, and collateral processes.

Required Skills & Experience

• Prior experience in commercial loan operations.
• Proficiency in loan documenting, including the ability to remove loan documents.
• Familiarity with the Loan IQ system.

Preferred Skills

• Highly organized with a strong attention to detail.
• Excellent multitasking abilities.
• Proven ability to work effectively in a fast-paced environment.

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