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Loan Operations Associate Jobs (NOW HIRING)

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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 ...

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How much do loan operations associate jobs pay per hour?

As of Jul 23, 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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What cities are hiring for Loan Operations Associate jobs? Cities with the most Loan Operations Associate job openings:
What are the most commonly searched types of Loan Operations jobs? The most popular types of Loan Operations jobs are:
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Loan Operations Associate jobs near you
Infographic showing various Loan Operations Associate job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 69% Full Time, 28% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% 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

The Citizens Bank

Batesville, AR • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago

Job description

Are you wanting to jump start a banking career and looking for a way to get started? Are you detail oriented with strong computer skills? Then join The Citizens Bank as a Full-Time Loan Operations Associate and immerse yourself in an engaging work environment focused on excellence and customer-centricity. This onsite position at our beautiful Headquarters branch in Batesville, AR allows you to collaborate closely with your colleagues, fostering a strong team atmosphere dedicated to helping customers achieve their financial goals. You will play a crucial role in streamlining the loan process, ensuring customers receive the highest level of service. In this dynamic role, you will enhance your skills while working with cutting-edge technology and financial products.

As a team member, you'll be able to enjoy benefits such as Medical, Dental, Vision, 401(k), Life Insurance, Health Savings Account, Flexible Spending Account, and Paid Time Off. Embrace the opportunity to grow professionally in a respected financial institution that prioritizes customer satisfaction.

Who are we? An Introduction

Citizens Bank was founded in 1953 by a group of business and civic leaders. Citizens Bank is a financial services organization that is committed to serving the needs of the communities it serves. Its progressive community banking model focuses on the delivery of exceptional customer service while employing advanced technology and products which allow its customers to have one bank to serve all their needs. The Bank takes pride in a heritage of independence that honors the vision of its founders and remains dedicated to the financial progress of the people it serves. With a mission statement of People First, we always strive to deliver an amazing customer experience and provide the best products and services possible by every member of the Citizens Bank team.

What it's like to be a Loan OPERATIONS ASSOCIATE at Citizens Bank

As a Loan Operations Associate at The Citizens Bank, you will be entrusted with the accurate creation of loan documents while identifying any documentation exceptions. This critical role demands a high level of service, ensuring that loans are processed in accordance with company procedures and regulatory requirements. We seek candidates who embody a "People First" attitude, treating everyone with respect and integrity.

Your commitment to exceptional quality of work and attention to detail will contribute significantly to our mission. Join us in delivering a seamless, customer-focused experience while upholding the highest standards of excellence in the banking industry.

Requirements for this Loan OPERATIONS ASSOCIATE job

To succeed as a Loan Operations Associate at The Citizens Bank, you must possess strong communication skills to effectively interact with our lending and operations teams. Attention to detail is essential, as you will be responsible for the accurate creation of loan documents and identifying any exceptions in the documentation. A self-starter attitude with excellent time management skills will allow you to thrive in a fast-paced environment, ensuring that loans are processed efficiently and accurately. Being computer savvy is crucial, as you will utilize various software tools throughout the loan processing lifecycle. Previous banking experience is a plus, as it will enhance your understanding of industry standards and regulations, positioning you for success in this role.

Knowledge and skills required for the position are:

  • Strong communication skills
  • Attention to detail
  • Self-starter with great time management skills
  • Computer savvy
  • Previous banking experience is a plus
Make your move

So, what do you think? If you feel this is the right job for you, go ahead and apply! We look forward to meeting you!