Loan Operations Specialist

  • Location
    Chicago, Illinois
  • Category
    Banking / Finance / Insurance - General
  • Job reference:
  • Job type
    Direct Hire

We are seeking a Loan Operations Specialist in Chicago. The ideal candidate will have two years of Loan Operations, Loan Closing, or Loan processing experience with commercial loans. This is a permanent position with a blended onsite/remote schedule. I The selected candidate will be responsible for preparing, reviewing, and assembling new, renewed and modified loan documents for commercial and business loan products.

Job Responsibilities:

  • Provide effective and efficient loan review, and maintenance applications
  • Create effective client correspondence in accordance with established policies and procedures
  • Identify and schedule ticklers for future loan deliverables financials, final docs, recorded mortgages, etc.
  • Prepare commitment letters in accordance with the terms and conditions outlined in the Loan
  • Assist with all audit preparations including printing and gathering of documents
  • Review title policies to ensure accurate legal description, loan amount, and acceptable exceptions
  • Assist in maintenance of documentation and identification of changes that may be required due to project Change Requests and new initiatives.
  • Prepare of Credit according with loan policy
  • Accurately process new loan packages and ensure documentation for all loans booked
  • Requirements:

  • Associates or bachelor’s degree or equivalent work experience
  • Five to seven years of experience of related work experience
  • Knowledge of commercial and consumer loan documentation requirements
  • Ability to work in fast paced, high volume environment
  • Knowledge of applicable banking compliance regulations
  • Strong interpersonal/verbal and written communication skills
  • If you are interested in this position or other accounting opportunities, please click “apply” below and apply online at

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