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Loan Operations Manager

Job in Minnetonka, Hennepin County, Minnesota, 55345, USA
Listing for: Alerus
Full Time position
Listed on 2026-01-07
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
  • Management
    Operations Manager, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 80000 - 120000 USD Yearly USD 80000.00 120000.00 YEAR
Job Description & How to Apply Below

Loan Operations Manager – Alerus

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WHO ARE WE:
Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company.

By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.

Responsibilities
  • Manage the day-to-day activities of the Consumer Loan Documentation, Loan Servicing and Loan Operations Compliance teams
  • Deliver coaching, motivation, and support to team to ensure timely and accurate execution of daily functions while following established processes and meeting regulatory compliance
  • Collaborate and consult with stakeholders to ensure excellent customer service to internal and external clients
  • Identify and pursue process improvements and efficiencies that improve the client experience and reduce expenses
  • Evaluate and identify potential internal control or compliance issues and research accordingly
  • Research and make decisions/recommendations regarding complex or unique requests
  • Provide technical expertise for data input and lending related issues
  • Deliver leadership for new system projects, department initiatives and team processes
  • Demonstrate excellent knowledge of regulations, systems and processes that pertain to loan operations
Qualifications
  • 5 years of leadership experience
  • 6 years of experience in loan operations with expertise in lending regulations
  • Proven strategic thinking and creative problem solver with the ability to analyze issues and identify solutions
  • Demonstrate the ability to manage high volume, time sensitive transactions and situations
  • Promote positive work environment that encourages teamwork and creates a learning culture
  • Ability to carry out the work of bank operations programs and projects, to include availability to work after hours to business needs
Benefits
  • Competitive compensation including base salary, bonus and/or incentive opportunities
  • Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings
  • Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave
  • Learning and development resources for personal and professional career development, and advancement opportunities
  • Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services
  • Support for the communities we live in through paid volunteer time and a company donation match opportunity

Base Pay Range: $80,000 - $120,000 per year.

Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Alerus Financial is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.

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