Loan Operations Specialist

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Hiring Range: Loan Operations Specialist III: $50,418 - $63,026 annually
Loan Operations Specialist II: $43,997 - $54,996 annually

Location: Bismarck, ND

Bank of North Dakota (BND) is seeking a Loan Operations Specialist to join our team! The Bank was established to promote agriculture, commerce, and industry in the State. Its loan programs work in conjunction with private financial institutions to finance economic development throughout the State. It is the legal depository for all state funds unless provided otherwise by law. The Bank also serves as a central clearing agency and provides many other services to North Dakota banks and other financial institutions.

At Bank of North Dakota, we offer rewarding work opportunities with a competitive employee benefits package including a fully paid family health insurance plan, paid leave, retirement plan options, work-life balance/flexibility, an infant-at-work program, tuition reimbursement, and more!

The Loan Operations Specialist will have the knowledge and skills to support transaction processing and daily balancing for BND's extensive loan portfolio, which includes more than 115 loan programs spanning direct, participation, administered, buydown, and student loans.

• Balance the Bank's direct, participation, and administered loan portfolios across three institutions; reconcile outsourced servicing portfolios; research and resolve discrepancies to maintain data integrity.
• Process loan payments, disbursements, payoffs, student loan consolidations, and other loan maintenance tasks, ensuring all transactions are accurately posted.
• Verify loan data before disbursement, activate loans, manage buydown calculations, and work closely with partner institutions to resolve discrepancies and support accurate reporting.
• Process residential real estate loan modifications, non-accruals, and charge-offs.
• Assist in training new staff and identify and implement training and development opportunities.
• Support a wide range of projects such as system upgrades, tax reporting reconciliation, data mapping, testing, and software implementation activities.
• Assist with records retention, forms management, procedure development, business analytics reporting, and identifying process efficiencies.

• Associate degree in finance, accounting, business, or a closely related field and two years of experience in banking involving bookkeeping, bank cashiering, or office support duties for the Loan Operations Specialist III position.
• Associate degree in finance, accounting, business, or a closely related field of study and 12 months of work experience in banking involving bookkeeping, bank cashiering, or office support duties for the Loan Operations Specialist II position (considered if unable to find qualified candidates).
• Ability to shift priorities in a dynamic environment while sustaining quality and accuracy.
• Strong track record of completing detailed tasks accurately and consistently.
• Proactive in identifying inefficiencies and recommending process improvements.
• Excellent interpersonal skills, trust, diplomacy, and professionalism.

Please attach a resume to your electronic application. All application material must be received by 11:59 PM Central Standard Time (CST) on the closing date. Application form and resume should demonstrate the knowledge, skills, and abilities that are needed to meet the minimum qualifications for this position. Applications should include information which directly addresses how the applicant meets the minimum qualifications and summary of work.

It is very important to be thorough and detailed on all your application materials.

Applicants who experience technical difficulties during the application process should contact recruiter or . If accommodations or assistance is needed in the application or interview process, please contact Mallory Green at mallgreen  or TTY users may use Relay North Dakota at 711 or .

Notice to prospective employees that the Bank of North…