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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 ...

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 ...

Axiom Bank

Loan Operations Specialist

Maitland, FL · Hybrid

Associates degree in Business or equivalent work experience. Experience Loan Operations Specialist - I 1-3 years of related work experience in Loan Operations and Loan Servicing. Familiarity with CSI ...

Servbank, sb Inc.

Loan Operations Specialist

Oswego, IL · On-site

$20 - $23.50/hr

High-school diploma required; associate or bachelor's degree in finance , Business, Accounting, or related field preferred. * 1-4+ years of prior loan operations or banking experience are preferred

Servbank, sb Inc.

Loan Operations Specialist

Clifton, IL · On-site

$20 - $23.50/hr

High-school diploma required; associate or bachelor's degree in finance , Business, Accounting, or related field preferred. * 1-4+ years of prior loan operations or banking experience are preferred

Servbank, sb Inc.

Loan Operations Specialist

Watseka, IL · On-site

$20 - $23.50/hr

High-school diploma required; associate or bachelor's degree in finance , Business, Accounting, or related field preferred. * 1-4+ years of prior loan operations or banking experience are preferred

Servbank, sb Inc.

Loan Operations Specialist

Danville, IL · On-site

$20 - $23.50/hr

High-school diploma required; associate or bachelor's degree in finance , Business, Accounting, or related field preferred. * 1-4+ years of prior loan operations or banking experience are preferred

Servbank, sb Inc.

Loan Operations Specialist

Savoy, IL · On-site

$20 - $23.50/hr

High-school diploma required; associate or bachelor's degree in finance , Business, Accounting, or related field preferred. * 1-4+ years of prior loan operations or banking experience are preferred

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How much do loan operations associate jobs pay per hour?

As of Jun 8, 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 is responsible for supporting the processing, documentation, and servicing of loans within a financial institution. They ensure that loan files are complete, accurate, and compliant with regulations and company policies. Their duties often include data entry, preparing and reviewing loan documents, communicating with internal teams and clients, and resolving discrepancies. Loan Operations Associates play a key role in maintaining the efficiency and accuracy of the loan lifecycle from origination through closing and servicing.

What is the role of an operations associate?

A Loan Operations Associate is responsible for processing and managing loan transactions, ensuring accuracy and compliance with company policies. They often use specialized software, perform data entry, and coordinate with other departments to facilitate smooth loan processing and servicing.

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.

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.
More about Loan Operations Associate jobs
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Loan Operations Associate jobs near you
Infographic showing various Loan Operations Associate job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 94% Full Time, 3% Part Time, 1% Temporary, and 1% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% 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

Full-time

Posted 12 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