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Loan Operations Associate Jobs (NOW HIRING)

Northbound Search

Loan Operations Associate

Manhattan, NY · On-site +1

$50 - $60/hr

Loan Operations Associate Our client is a reputable financial services firm seeking to add a loan operations associate to join their growing team. We are ideally seeking candidates with 3+ years of ...

Northbound Search

Loan Operations Associate

Manhattan, NY · On-site +1

$50 - $60/hr

Loan Operations Associate Our client is a reputable financial services firm seeking to add a loan operations associate to join their growing team. We are ideally seeking candidates with 3+ years of ...

CV3 Financial Services

Loan Operations Associate

$20 - $24/hr

The Loan Operations Associate is an administrative role responsible for completing standardized operational tasks within the loan lifecycle. This position focuses on accurate data entry, system ...

Delta Capita

Loan Operations

Baltimore, MD · On-site

$75K - $100K/yr

Associate: * 1-3 years of experience in loan operations, commercial mortgage servicing, financial operations, or a related function. * Exposure to Agency (GSE) loan products , commercial real estate ...

Grove Bank & Trust

Loan Operations Specialist

Miami, FL · On-site

EDUCATION AND EXPERIENCE Associate's or bachelor's degree in business, Finance, or a related field preferred. Minimum 2-4 years of experience in loan operations, loan servicing, or banking operations.

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QCR Holdings, Inc

Loan Operations Lead

Davenport, IA · On-site

$60K/yr

Associates degree preferred. • Five+ years' relevant experience within loan operations department or similar area. • In-depth knowledge of bank loan documentation, loan core data input and ...

QCR Holdings, Inc.

Loan Operations Lead

Davenport, IA · On-site

$60K/yr

Associates degree preferred. · Five+ years' relevant experience within loan operations department or similar area. · In-depth knowledge of bank loan documentation, loan core data input and general ...

Apply Early

QCR Holdings, Inc.

Loan Operations Lead

Davenport, IA · On-site

$60K/yr

Associates degree preferred. Five+ years' relevant experience within loan operations department or similar area. In-depth knowledge of bank loan documentation, loan core data input and general ledger ...

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Loan Operations Associate information

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How much do loan operations associate jobs pay per hour?

As of Jul 2, 2026, the average hourly pay for loan operations associate in the United States is $26.24, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $30.29 per hour, depending on experience, location, and employer.

What does a loan operations associate do?

A loan operations associate manages the processing, documentation, and administration of loan transactions. They ensure compliance with lending policies, verify borrower information, and use loan management software to track and update loan statuses, supporting smooth loan lifecycle operations.

What is the role of an operations associate?

A Loan Operations Associate is responsible for processing and managing loan documentation, ensuring compliance with policies, and supporting the loan lifecycle. They often use specialized software and require attention to detail to facilitate accurate and efficient loan transactions.

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

AspectLoan Operations AssociateLoan Processor
Primary RoleSupports loan processing, manages documentation, and ensures complianceReviews and verifies loan applications, gathers borrower information
Required SkillsAttention to detail, knowledge of loan systems, communication skillsAnalytical skills, attention to detail, customer service
Work EnvironmentBank or financial institution, office settingBank or mortgage company, office setting
CertificationsOften no specific certification required, familiarity with loan softwareLikely to require mortgage licensing or certifications

While both roles support the loan process, Loan Operations Associates focus on supporting functions, compliance, and documentation management, whereas Loan Processors handle the review and verification of loan applications directly with borrowers. Understanding these differences can help job seekers identify the right position for their skills and career goals.

How much does a loan operations specialist make?

A loan operations specialist typically earns between $45,000 and $65,000 annually, depending on experience, location, and the size of the employer. Entry-level roles may start around $40,000, while experienced professionals or those in senior positions can earn over $70,000. Skills in loan processing software and regulatory knowledge can influence salary levels.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary plus bonuses, depending on the employer and location. The specific earnings depend on the lender's policies and the loan's terms.

What are some typical challenges a Loan Operations Associate may encounter, and how are they addressed in the workplace?

Loan Operations Associates often encounter challenges such as managing a high volume of loan documentation, ensuring compliance with lending regulations, and coordinating effectively with multiple departments. To address these, organizations typically provide robust training on internal systems, encourage open communication between teams (like underwriting and servicing), and implement standardized checklists or software to streamline processes. Staying organized and detail-oriented is key, and most teams foster a collaborative environment where associates can seek guidance and share best practices for efficiency.

What are the key skills and qualifications needed to thrive as a Loan Operations Associate, and why are they important?

To thrive as a Loan Operations Associate, you need strong attention to detail, familiarity with loan documentation, and a background in finance or banking, often supported by a relevant degree or experience. Proficiency with loan management software, document imaging systems, and Microsoft Office is typically required. Excellent organizational skills, communication, and the ability to manage multiple deadlines make someone stand out in this role. These skills are crucial to ensure accurate loan processing, regulatory compliance, and efficient support of lending operations.
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Loan Operations Associate jobs near you
Infographic showing various Loan Operations Associate job openings in the United States as of June 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $54,588 per year, or $26.2 per hour.
Loan Operations Associate

Loan Operations Associate

Northbound Search

Manhattan, NY • On-site, Remote

$50 - $60/hr

Other

Posted 5 days ago

Job description

Loan Operations Associate

Our client is a reputable financial services firm seeking to add a loan operations associate to join their growing team. We are ideally seeking candidates with 3+ years of loan origination, servicing, and or closing experience with exposure to syndicated loan products. This position is remote-hybrid and is interviewing and starting the right candidate immediately. This position starts on a temporary basis paying $50-60/hr per hour.

Responsibilities

  • Daily processing of portfolio activity including interest rate rollovers, principal, interest
  • Daily oversight of our offshore reconciliation support team, including responsibility of cash and position reconciliations across multiple funds
  • Reconciliation of all positions and cash to custodians, fund admins, and counterparties
  • Monitoring and processing of amendments and reorganizations, including coordination with the Finance and Accounting, Valuations, and Front office teams as necessary
  • Monthly and quarterly responsibility to provide close packets to the Finance and Accounting team including all outstanding reconciliation items, trade activity, accrual information, and potential control issues
  • Overall maintenance of a specific portfolio including ongoing support for the front office and controllers including reporting, providing support, and responding to ad-hoc requests
  • Preferred Experience

Qualifications:

  • Knowledge of syndicated loans market
  • Understanding of Loan Facility Agreements and supporting documentation
  • Experience with system processing of credit events
  • Understanding of general ledgers
  • Degree in Finance, Accounting or Economics
  • Knowledge of loan, TRS, and fixed income settlements is a plus

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