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Loan Operations Associate Jobs in Union, NJ (NOW HIRING)

SS&C

Senior Associate, Loan Operations

New York, NY · Hybrid

Senior Associate, Loan Operations Locations : Union, NJ (Hybrid), New York, NY (Hybrid), Boston, MA (Hybrid), Dallas, TX (Hybrid) About The Role SS&C is looking for a Senior Associate to join our ...

SS&C

Senior Associate, Loan Operations

Union, NJ · Hybrid

Senior Associate, Loan Operations Locations : Union, NJ (Hybrid), New York, NY (Hybrid), Boston, MA (Hybrid), Dallas, TX (Hybrid) About The Role SS&C is looking for a Senior Associate to join our ...

SS&C

Senior Associate, Loan Operations

New York, NY · Hybrid

Senior Associate, Loan Operations Locations: Dallas, TX (Hybrid) Los Angeles, CA (Hybrid), NY/NJ About the Role SS&C is looking for a Senior Associate to join our Loan Operations team.The candidate ...

SS&C

Senior Associate, Loan Operations

Union, NJ · Hybrid

Senior Associate, Loan Operations Locations: Dallas, TX (Hybrid) Los Angeles, CA (Hybrid), NY/NJ About the Role SS&C is looking for a Senior Associate to join our Loan Operations team.The candidate ...

Engineers Gate

Trading Operations Associate

Manhattan, NY · On-site

$70K - $100K/yr

Trading Operations Associate New York Engineers Gate (EG) is a leading investment manager founded ... Coordinate with portfolio finance and trading teams on hard-to-borrow names and stock loan recalls.

Hebrew Public

Operations Associate

Brooklyn, NY · On-site

Perks for You: Student Loan counseling and discounts on wellness programs & gym memberships ... The Operations Associate ensures that essential systems run smoothly so teachers can teach and ...

Hebrew Public

Operations Associate

Brooklyn, NY · On-site

Perks for You: Student Loan counseling and discounts on wellness programs & gym memberships ... The Operations Associate ensures that essential systems run smoothly so teachers can teach and ...

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Loan Operations Associate information

See Union, NJ salary details

$11

$26

$54

How much do loan operations associate jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for loan operations associate in Union, NJ is $26.74, according to ZipRecruiter salary data. Most workers in this role earn between $18.12 and $30.87 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a loan operations associate?

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.

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 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 does a loan operations associate do?

A loan operations associate manages the processing and administration of loan transactions, ensuring accuracy and compliance with policies. They handle tasks such as verifying documentation, updating loan systems, and coordinating with other departments to facilitate smooth loan servicing. Strong attention to detail and proficiency with loan management software are important for this role.

What cities near Union, NJ are hiring for Loan Operations Associate jobs?

Cities near Union, NJ with the most Loan Operations Associate job openings:

Loan Operations Associate jobs near you
Infographic showing various Loan Operations Associate job openings in Union, NJ as of June 2026, with employment types broken down into 81% Full Time, 17% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $55,627 per year, or $26.7 per hour.

Warehouse Loan Operations Associate

Guggenheim Securities

New York, NY • On-site

$130K - $150K/yr

Full-time

Re-posted 10 days ago

Job description

Job Description:
Position Summary
Guggenheim Asset-Backed Finance Company is seeking an experienced Warehouse Loan Operations Associate to support critical warehouse lending functions within Structured Products. This role focuses on operational execution and day-to-day transaction support, managing loan closing processes, agent relationships, and transaction workflows under the direction of senior team members. The ideal candidate will be a results-driven professional with strong technical skills and the ability to thrive in a fast-paced, collaborative environment.
Essential Job Functions
Loan Operations & Settlement
  • Execute loan closing processes and settlement activities
  • Process and validate draw requests, including borrowing base calculations and covenant compliance
  • Coordinate with legal counsel on borrowing conditions precedent
  • Support loan settlement funding and reconciliation
  • Manage trade settlement flows, platform reconciliations, and remediation of breaks

Agent & Partner Management
  • Coordinate with Administrative Agents on reporting requirements and portfolio performance data
  • Work with Paying Agents to process waterfall distributions and ensure transaction document compliance
  • Assist in resolving agent-related issues and discrepancies, escalating to senior team member as needed
  • Collaborate with outsource services and customers

Transaction & Documentation Support
  • Administer loan system data and maintain accurate records
  • Execute complex wire instructions and payment waterfalls
  • Prepare investor reporting and compliance documentation
  • Help maintain and document operational procedures
  • Draft confidentiality agreements as needed

Cross-Functional Collaboration
  • Partner with Warehouse Origination, Portfolio Management, Ops/Treasury, Finance, Risk, Legal, Compliance, and Business Operational teams
  • Reconcile and process third-party invoicing

Preferred Qualifications
  • Bachelor's degree required
  • 3-5 years of hands-on experience in loan closing and structured finance operations
  • Proven track record in warehouse lending or asset-backed finance

Technical Skills
  • Understanding of structured finance mechanics, borrowing base structures, and waterfall calculations
  • Proficiency with ClearPar or comparable loan management system
  • Experience with virtual data room administration
  • Expert-level Microsoft Excel and Access skills
  • Basic familiarity with Bloomberg terminal (preferred)

Core Competencies
  • Strong communication and interpersonal skills
  • Team-oriented with ability to collaborate across functions
  • Comfortable in high-pressure, fast-paced environments
  • Excellent multi-tasking and organizational abilities
  • Detail-oriented with strong problem-solving skills
  • Self-starter who operates with accountability and ownership

Work Location
  • Currently, this role is expected to be in the New York office at least 4 days per week.

Salary
  • Annual base salary between $130,000 - $150,000.
  • The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

About Us:
Guggenheim Asset-Backed Finance Company ("GABFC") is a registered investment adviser affiliated with Guggenheim Securities, the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. GABFC specializes in private investment grade asset-backed finance, advising clients on the origination, evaluation, structuring, and ongoing management of secured financing transactions across lender finance and operating asset finance. GABFC is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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