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Senior Loan Operations Specialist

Job in Shakopee, Scott County, Minnesota, 55379, USA
Listing for: Minnesota Bankers Association
Full Time position
Listed on 2025-12-02
Job specializations:
  • Finance & Banking
    Banking Operations, Banking & Finance, Loan Servicing, Financial Services
Job Description & How to Apply Below

1305 Vierling Drive E, Shakopee, MN 55379

Job Description

Job Type: Full-time, non-exempt

Hours: Monday – Friday, 8:00 AM - 5:00 PM (Onsite)

We are looking for a detail-oriented and self-motivated Senior Loan Operations Specialist to join our Shakopee team. In this role, you will be a key partner to our Commercial Lenders, ensuring the seamless processing of loans across our consumer, commercial, and mortgage portfolios.

The ideal candidate is a strong communicator with excellent organizational skills and a commitment to accuracy, compliance, and top-tier customer service. You will be responsible for a wide range of loan-related tasks, including leading by example and guiding junior team members.

Core Responsibilities
  • Prepare loan documentation for commercial and consumer loans in accordance with regulations and bank policy.
  • Book and fund new and renewed loans in core and imaging systems.
  • Record liens and perfect collateral with appropriate agencies; ensure insurance requirements are met.
  • Process loan fees and maintain accurate general ledger entries.
  • Track and manage post-closing items and documentation exceptions via the tickler system.
  • Maintain organized loan and collateral files.
  • Ensure compliance with AML/BSA, OFAC, CIP, and Identity Theft regulations.
  • Lead by example in supporting and guiding loan administration team members.
  • Handle administrative tasks including document distribution, reporting, and collateral vault maintenance.
  • Prepare documentation for participation, letters of credit, and CRA/Beneficial Ownership compliance.
  • Rotate department responsibilities, including email inbox and document request monitoring.
Additional Responsibilities
  • The duties and responsibilities listed are not all-inclusive. Additional duties may be assigned as needed.
Education & Experience

Required Qualifications

  • Experience:

    3 – 5 years of loan processing experience across commercial, consumer, and mortgage lending.
  • Technical

    Skills:

    Proficiency in Microsoft Office Suite and ability to navigate multiple computer systems and applications.
  • Attention to Detail:
    High attention to detail and accuracy.
  • Loan Knowledge:
    Working knowledge of credit documentation, including UCC-1 filings, and vehicle liens.
  • Education:

    Associate degree or equivalent work experience required.

Preferred Qualifications

  • Proficiency with Fiserv and Laser Pro systems.
  • Strong organizational skills and experience managing a tickler system.

Key Skills

  • Strong written and verbal communication skills.
  • Ability to work effectively within a team and across various departments.
  • Adaptability in a dynamic, fast-paced work environment.
  • Strong time-management skills with the ability to multi-task and prioritize efficiently to ensure deadlines are met.
About Us

Prime Security Bank is a locally owned financial institution dedicated to serving the banking needs of individuals, families and small businesses. Founded in 1925, the bank has remained committed to long-term relationships and supporting economic well-being of the local community.

At Prime Security Bank, We're more than just a bank – we're a cornerstone of our community. As a locally owned financial institution, we're passionate about making a real difference in the lives of our customers and the communities we serve. When you join our team, you're not just another employee; you're a vital part of a purpose-driven organization built on trust, relationships, and local impact.

Please submit your resume and cover letter to

MBA Job number/Date Added
H-8052: 9/24/25

#J-18808-Ljbffr
Position Requirements
10+ Years work experience
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