Loan Operations Specialist

Arkadelphia Main, 601 Main St, Arkadelphia, Arkansas, United States of America

Southern Bancorp is more than a bank. As a Community Development Financial Institution (CDFI), a special certificate on designated for institutions that serve predominantly underserved communities, Southern Bancorp combines traditional banking and lending services with financial development tools and public policy advocacy to help families and communities grow stronger. Inspired by the principle that building net worth drives economic opportunity, our mission is to be wealth builders for everyone in the communities we serve, with a focus on low-wealth and un(der) banked populations, as well as an emphasis on Black and Brown individuals.

The Loan Operations Specialist I is responsible for an assigned range of loan operations duties required to service the bank’s loan portfolio in accordance with the loan policy and regulatory requirements.

• Uploads all loans, extensions, and renewal information and documents in accordance with bank policy and regulatory requirements
• May assist with file assembly and maintenance
• Responsible for various reports as assigned
• Completes all required training
• Performs other related duties as required or assigned

• A High School diploma or equivalent is required
• At least one-year experience in banking or administrative role is required
• Strong computer skills are required
• Strong analytical skills, including the ability to organize information
• Must possess excellent communication and interpersonal skills
• Must be familiar with regulatory compliance requirements
• Able to function in a high attention to detail, deadline-oriented environment
• Must possess the ability to effectively relate to customers, officers, and others involved in the lending process.
• Willingness to be involved and represent Southern Bancorp through civic and community organizations.
• A background in banking and loan transactions/terminology and clerical experience is preferred

A positive impact on Your Future:

• 401(k)/Roth plan with immediate eligibility and employer match up to 6%
• Employee stock ownership plan
• Discounted rate on primary home mortgage
• Credit and housing counseling as well as free financial education tools available to customers and employees

Benefits to improve your health:

• Two medical plans available – low-deductible PPO plan or HDHP with Health Savings Account
• Dental and vision insurance
• Employer paid life insurance, and short- and long-term disability coverage
• Retirement plan with generous company match and employee stock purchase option
• Voluntary life insurance options for employee, spouse, and children

The opportunity to nurture your well-being:

• Paid holidays and paid time off
• Opportunity for merit raises
• Employee reward and recognition programs
• Community service opportunities

Southern Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, sexual orientation, gender identity, gender expression, status as a protected veteran, among other things, or status as a qualified individual with disability. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

As a Community Development Financial Institution, Southern Bancorp desires its workforce to reflect the diversity of the customers and communities that we serve. Racial and ethnic minorities, people from working class backgrounds, women and LGBTQ people are often underrepresented in many financial service industry professions.