Senior Loan Operations Specialist
Listed on 2025-12-02
-
Finance & Banking
Loan Servicing, Banking & Finance -
Administrative/Clerical
Loan Servicing, Banking & Finance
Prime Security Bank
Location: Shakopee
Job Title: Senior Loan Operations Specialist
Overview: 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.
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.
- Participate in loan due diligence meetings.
- 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.
Requirements:
- 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.
- Bachelor’s degree.
- 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.
Deadline: 10/15/2026
How to Apply: Please submit your resume and cover letter to
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