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Loan Operations Assistant Jobs in Virginia (NOW HIRING)

John Marshall Bank

Loan Administrator

Tysons, VA · On-site

This position supports a team of Commercial Lenders and offers cross-training to support other commercial loan operations functions. In this role you will * Assist Lenders by providing administrative ...

JOHN MARSHALL BANCORP INC

Loan Administrator

Tysons, VA · On-site

This position supports a team of Commercial Lenders and offers cross-training to support other commercial loan operations functions. In this role you will * Assist Lenders by providing administrative ...

John Marshall Bank

Loan Administrator

Woodbridge, VA · On-site

This position supports a team of Commercial Lenders and offers cross-training to support other commercial loan operations functions. In this role you will * Assist Lenders by providing administrative ...

John Marshall Bank

Loan Administrator

Woodbridge, VA · On-site

This position supports a team of Commercial Lenders and offers cross-training to support other commercial loan operations functions. In this role you will * Assist Lenders by providing administrative ...

John Marshall Bank

Loan Administrator

Vienna, VA · On-site

This position supports a team of Commercial Lenders and offers cross-training to support other commercial loan operations functions. In this role you will * Assist Lenders by providing administrative ...

Towne Bank

Loan Documentation Specialist

Portsmouth, VA · On-site

$54K - $70K/yr

Utilizes the bank's designated loan systems and applications necessary to prepare the loan documents, assist with the execution of them as needed, and submit them to Loan Operations with all ...

TowneBank

Loan Documentation Specialist

Portsmouth, VA · On-site

$54K - $70K/yr

Utilizes the bank's designated loan systems and applications necessary to prepare the loan documents, assist with the execution of them as needed, and submit them to Loan Operations with all ...

Locus

Operations Clerk

Henrico, VA · On-site

$45K - $49K/yr

The Operations Clerk is an entry-level position that supports the daily functions of the Loan ... office. * Assist external and internal customers with questions regarding loans as needed ...

Locus

Operations Clerk

Richmond, VA · On-site

$45K - $49K/yr

The Operations Clerk is an entry-level position that supports the daily functions of the Loan ... office. * Assist external and internal customers with questions regarding loans as needed ...

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Loan Operations Assistant information

See Virginia salary details

$10

$19

$30

How much do loan operations assistant jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for loan operations assistant in Virginia is $19.65, according to ZipRecruiter salary data. Most workers in this role earn between $15.24 and $22.16 per hour, depending on experience, location, and employer.

What challenges does a loan operations assistant face, and how can they be addressed?

Loan Operations Assistants often face challenges such as managing high volumes of loan documentation, ensuring accuracy under tight deadlines, and navigating evolving regulatory requirements. Staying organized and detail-oriented is key, as even minor errors can delay funding or compliance. Building strong communication with loan officers, underwriters, and clients helps to streamline processes and resolve issues quickly. Many organizations also offer training and mentorship to help assistants stay current with industry standards and improve efficiency.

What is the difference between Loan Operations Assistant vs Loan Processor?

AspectLoan Operations AssistantLoan Processor
CredentialsBasic financial knowledge, sometimes certifications like loan processing or banking coursesSimilar credentials, often with additional certifications or experience in loan documentation
Work EnvironmentSupportive office setting within banks or lending companiesOffice environment focused on reviewing and verifying loan applications
Employer & Industry UsageCommonly employed in banking, mortgage, and lending institutionsPrimarily in mortgage and loan companies, handling application processing
Search & Comparison IntentUnderstanding support roles in loan processingDetails on loan application review and approval process

The main difference between a Loan Operations Assistant and a Loan Processor lies in their responsibilities. The Loan Operations Assistant provides administrative and support functions within the loan process, while the Loan Processor actively reviews and verifies loan applications to facilitate approval. Both roles require similar credentials and are found in banking and lending environments, but their focus areas differ slightly.

What is a loan operations assistant?

Loan Operations Assistants are professionals who support the daily administrative and operational tasks related to processing loans at financial institutions. Their responsibilities often include preparing loan documents, verifying customer information, maintaining records, and ensuring compliance with regulatory requirements. They work closely with loan officers, customers, and other departments to facilitate smooth loan processing. Attention to detail, organizational skills, and knowledge of banking procedures are essential for this role.

What skills and qualifications are needed to be a loan operations assistant?

To thrive as a Loan Operations Assistant, you need strong attention to detail, knowledge of loan processing procedures, and a background in finance or banking, often supported by a relevant associate’s degree. Familiarity with loan origination software, document management systems, and banking compliance tools is typically required. Excellent organizational skills, clear communication, and the ability to handle confidential information with discretion are essential soft skills for this role. These skills ensure accurate loan processing, regulatory compliance, and efficient support to both clients and lending teams.
What are the most commonly searched types of Loan Operations jobs in Virginia? The most popular types of Loan Operations jobs in Virginia are:
What cities in Virginia are hiring for Loan Operations Assistant jobs? Cities in Virginia with the most Loan Operations Assistant job openings:
Loan Operations Assistant jobs near you
Infographic showing various Loan Operations Assistant job openings in Virginia as of August 2026, with employment types broken down into 86% Full Time, 11% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $40,868 per year, or $19.6 per hour.

Loan Operations Representative I

Towne Bank

Suffolk, VA

$37K - $44K/yr

Full-time

Re-posted 2 days ago

TowneBank rating

8.7

Company rating: 8.7 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

23rd of 171 rated banks

Job description

Primary Purpose:

TowneBank is a relationship and friendship driven local bank focused on basic human values that will serve to create a warm sense of belonging and financial well-being among our family members. We are seeking a Loan Operations Representative to handle member requests and questions received by phone or email. In addition, this employee will work on administrative functions including incoming mail processing, preparing loan payments for item processing, and other routine business tasks.

The good-faith compensation range for this role is expected to be $37,500 to $44,000, based on the role, market, internal equity, and candidate qualifications.

Essential Responsibilities:

  • Provide quality customer service to both internal and external members and serve as the primary employee responsible for incoming telephone calls.
  • Handle member requests and questions received by phone or email.
  • Perform general office clerical duties, including mail distribution and payment processing.
  • Assist with administrative functions, including mailings and other routine business tasks.
  • Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
  • Performs other duties as required or assigned which are reasonably within the scope of the duties in this job classification.

Minimum Required Skills & Competencies:

  • High School graduate or equivalent.
  • Strong clerical skills with attention to detail and accuracy.
  • Ability to work independently, use logic and judgment to make appropriate decisions, and work well under pressure to meet monthly deadlines.
  • Proficient in Outlook and Microsoft Office products.

Desired Skills & Competencies:

  • Previous experience in a branch or loan processing area.

Physical Requirements:

  • Express or exchange ideas by means of the spoken word via email and verbally.
  • Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
  • Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
  • Not substantially exposed to adverse environmental conditions.
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities.

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