Position Summary:
The Loan Operations Specialist is responsible for the accurate and timely processing and maintenance of the Bank’s loan portfolio. This role ensures that all loan transactions are properly booked, reviewed, documented, and reported in accordance with internal procedures and regulatory guidelines. The position involves collaboration with loan officers, credit and collateral teams, and other departments to support the full life cycle of loan operations.
Key Responsibilities:
Accurately book new loans, renewals, modifications, letters of credit, and guidance lines of credit into the loan system
Process and book new SBA loans and handle related reporting, including 1502 reporting to the FTA
Perform post-closing reviews to ensure documentation and system data integrity
Scan, image, and maintain loan files and supporting documentation
Post loan payments, draws, and principal reductions
Audit and edit loan entries for completeness and accuracy
Manage participation loan processing (both purchased and sold)
Clear unposted loan transactions and resolve processing exceptions
Respond to internal and external inquiries regarding loan accounts
Balance loan general ledger clearing accounts and resolve discrepancies
Coordinate the recording and release of lien documents as required
Maintain exception tracking and generate reports for follow-up and compliance
Qualifications:
Previous experience in loan operations or a banking/financial institution environment preferred
Strong attention to detail and ability to handle high volumes of data entry accurately
Familiarity with SBA loan processes and regulatory reporting requirements a plus
Proficiency in loan management systems and Microsoft Office applications
Strong communication and organizational skills
Ability to work independently and as part of a team in a deadline-driven environment
Working Conditions:
This is a full-time position based in a professional office environment.
For additional information on this opportunity, please contact Connor Martin directly at 309.272.3087. Resumes may be confidentially sent to connor.martin@gogpac.com.
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations. GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.
