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Director Of Loan Operations Jobs (NOW HIRING)

... direct impact on organizational success. What You'll Do As Loan Operations Manager, you will oversee the day-to-day operations of our Loan Operations Department and lead a team of 11 employees ...

... direct impact on organizational success. What You'll Do As Loan Operations Manager, you will oversee the day-to-day operations of our Loan Operations Department and lead a team of 11 employees ...

Develop a thorough understanding of the Bank's loan process from application through booking ... SUPERVISORY RESPONSIBILITIES AND INTERACTIONS WITH OTHERS This position has no direct supervisory ...

Develop a thorough understanding of the Bank's loan process from application through booking ... SUPERVISORY RESPONSIBILITIES AND INTERACTIONS WITH OTHERSThis position has no direct supervisory ...

This position works closely with the Managing Director of Loan Operations, Loan Operations Lead, and Loan Processing Team to maintain compliance with bank policies and regulatory requirements while ...

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This position works closely with the Managing Director of Loan Operations, Loan Operations Lead, and Loan Processing Team to maintain compliance with bank policies and regulatory requirements while ...

New

Loan Operations Manager

Clinton, MA ยท On-site

$66K - $90K/yr

Loan Operations Manager Pay Range $66,971 - $90,413 annually Hybrid with 2 days remote. Standard ... The ideal candidate has a deep knowledge of loan servicing practices, strong leadership skills, and ...

The ideal candidate has a strong understanding of commercial real estate lending, loan servicing, ownership structures, and operational processes. This role requires exceptional leadership skills ...

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Director Of Loan Operations information

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$34K

$107.7K

$179.5K

How much do director of loan operations jobs pay per year?

As of Aug 7, 2026, the average yearly pay for director of loan operations in the United States is $107,680.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,500.00 and $135,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a director of loan operations, and why are they important?

To thrive as a Director Of Loan Operations, you need deep knowledge of loan processing, underwriting, compliance regulations, and strategic management, usually backed by a relevant bachelor's degree and significant banking experience. Familiarity with loan origination systems (LOS), core banking platforms, and regulatory compliance tools like AML software is essential. Strong leadership, analytical thinking, and effective communication are crucial for guiding teams and managing complex operations. These skills ensure operational efficiency, regulatory adherence, and successful team performance in a highly regulated financial environment.

What is the difference between Director Of Loan Operations vs Loan Processor?

AspectDirector Of Loan OperationsLoan Processor
Primary RoleOversees loan department, manages teams, develops policiesPrepares and reviews loan documents, processes applications
Required CredentialsBachelor's degree, experience in loan management, industry certificationsHigh school diploma or equivalent, some industry training
Work EnvironmentOffice-based, managerial setting, strategic planningOffice-based, operational, detail-oriented tasks
Industry UsageUsed in banking, mortgage, and financial institutionsCommonly used in mortgage and lending companies

The main difference is that the Director Of Loan Operations oversees the entire loan process and manages teams, while a Loan Processor handles the day-to-day processing of loan applications. The director focuses on strategy and management, whereas the processor focuses on operational tasks.

How does a director of loan operations typically collaborate with other departments to optimize loan processing efficiency?

A Director of Loan Operations regularly works with departments such as underwriting, compliance, IT, and customer service to streamline loan processing workflows. This collaboration often involves coordinating on process improvements, ensuring regulatory requirements are met, and implementing new technologies for better data management. By fostering cross-departmental communication, the Director helps minimize bottlenecks, resolve issues quickly, and deliver a smoother borrower experience. These partnerships are essential for maintaining high service standards and achieving organizational goals.

What does a director of loan operations do?

A Director of Loan Operations oversees the daily functioning and strategic management of a financial institution's loan processing department. They are responsible for ensuring that all loan applications and documentation are processed efficiently and in compliance with regulations. This role involves supervising staff, implementing policies, improving workflows, and coordinating with other departments to optimize the lending process. Their goal is to ensure accuracy, mitigate risks, and enhance the customer experience throughout the loan lifecycle.
More about Director Of Loan Operations jobs
What cities are hiring for Director Of Loan Operations jobs? Cities with the most Director Of Loan Operations job openings:
What states have the most Director Of Loan Operations jobs? States with the most job openings for Director Of Loan Operations jobs include:
Infographic showing various Director Of Loan Operations job openings in the United States as of August 2026, with employment types broken down into 84% Full Time, 11% Temporary, and 5% Contract. Highlights an 90% In-person, 5% Hybrid, and 5% Remote job distribution, with an average salary of $107,680 per year, or $51.8 per hour.

Director of Loan Accounting

FarmOp Capital

Saint Paul, MN โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 16 days ago


Job description

Job Title: Director of Loan Accounting
Location: On-site St. Paul, Minnesota
Employment Type: Full-Time
Reports To: Chief Operating Officer
Company: FarmOp Capital
Company Overview
FarmOp Capital, founded in 2017, is a leader in providing innovative working capital solutions for American farmers. Our unique production-based lending approach offers high advance-rate operating loans that enhance marketing flexibility and purchasing power for U.S. growers. Headquartered in St. Paul, Minnesota, we address a significant gap in agricultural lending by leveraging advanced technology and outcome-based lending strategies. In addition to its agricultural operating loans, FarmOp Capital extends capital to farmers and grain elevators to finance the purchase and refinance of real estate, equipment, grain, and cattle.
Job Summary
The Director of Loan Accounting leads the team responsible for the accuracy, integrity, and timeliness of all loan servicing transaction records at FarmOp Capital. Reporting to the Chief Operating Officer, this leader owns the full lifecycle of loan funds-from initial disbursement through final collection and investor transition-and is accountable for the accuracy and timeliness of all related financial reporting. This role builds, mentors, and manages a team of loan accounting professionals while serving as the senior point of accountability for banking relationships, disbursement processes, and payment application standards. The ideal candidate pairs deep technical loan accounting expertise with proven people leadership, driving both team development and the scalable processes needed to support FarmOp's growing agricultural lending portfolio.
Key Responsibilities
Team Leadership & Development
  • Manage, mentor, and develop junior and mid-level loan accounting staff, providing training, performance feedback, and career growth support.
  • Establish and enforce quality control standards, review procedures, and sign-off protocols to ensure team output meets accuracy and timeliness requirements.
  • Serve as the escalation point for complex transaction issues, account discrepancies, and non-routine inquiries.
  • Build team capacity and coverage models to support the department through periods of growth and increased transaction volume.

Loan Accounting Oversight
  • Own the accuracy and integrity of the full-cycle cash management process, including AP/AR for all originated loans and disbursements via check, ACH, and wire, ensuring alignment with approved operating budgets.
  • Establish and oversee payment application standards for proceeds from grain sales, hedging, insurance claims, and government subsidies, ensuring consistent application of company policy across the team.
  • Direct bank reconciliation processes and lead month-end close, including final review and approval of performance and investor reporting prior to distribution.
  • Ensure timely, accurate delivery of all internal and external reporting, holding the team accountable to reporting calendars and investor commitments.

Asset Management & Servicing Leadership
  • Ensure loan-related data across all systems is accurate, complete, and maintained as the organization's single source of truth, with defined controls to prevent and catch errors.
  • Oversee the timely and accurate assignment or transition of closed loan assets to investors and financing partners, ensuring full compliance with contractual terms.
  • Provide senior-level support for servicing escalations, asset management milestones, and portfolio health to keep assets in good standing.
  • Maintain oversight of customer support activities related to loan servicing, ensuring service quality reflects FarmOp standards.

Banking & Operational Leadership
  • Serve as a senior point of contact for banking partners, overseeing disbursement operations and ensuring strong banking relationships.
  • Lead the design and implementation of scalable procedures for loan processing and reporting to support company growth while maintaining compliance and efficiency.
  • Partner with technical and IT teams to evaluate, implement, and optimize loan management systems and workflow tools.
  • Drive continuous improvement initiatives using data-informed insights, recommending changes to processes, policies, and technology.
  • Represent loan accounting in cross-functional discussions, communicating loan status, resolving bottlenecks, and leading ad hoc finance projects.

Qualifications Required
  • 8+ years of experience in loan operations, agricultural real estate and operating lending, or financial services, including 2+ years in a supervisory or team lead capacity.
  • Strong working knowledge of loan documentation, loan accounting principles and best practices, banking protocols and transaction processing,
  • Demonstrated ability to lead, mentor, and develop a team, with strong judgment in reviewing others' work.
  • Exceptional attention to detail with strong communication, organizational, and time management skills.
  • Proficiency with loan management systems; experience evaluating or implementing system improvements a plus.

Preferred:
  • Experience with agricultural lending or Farm Service Agency processes
  • Familiarity with IT system implementation in operational environments

Work Environment
  • Based in St. Paul, MN
  • Typical office environment with standard office equipment usage

Equal Opportunity Employer
FarmOp Capital is an equal opportunity employer and does not discriminate based on race, color, national origin, age, religion, veteran status, marital status, sexual orientation, gender, or any other protected characteristic. We comply with all applicable federal, state, and local discrimination laws. Applicants with disabilities will not be denied employment if reasonable accommodations allow them to perform the essential functions of the job.
Benefits
  • 401(k) Safe Harbor contribution
  • Medical, dental, and vision insurance
  • Disability and life insurance
  • Employee assistance program
  • Discretionary time off
  • Opportunities for professional development and career advancement
  • Collaborative and supportive work environment

Other Duties
This job description is not exhaustive, and additional duties may be assigned as necessary.
How to Apply
Join FarmOp Capital and contribute to advancing agricultural prosperity and rural development. Apply now to become our Director of Loan Accounting and support the financial needs of farmers and agribusinesses across the country.