1

Loan Operations Associate Jobs (NOW HIRING)

Associate, Loan Operations

Chicago, IL · On-site

$65K - $85K/yr

The Associate's primary focus will be the management of a portfolio of loan transactions. We are seeking an organized and detailed oriented loan closer / servicer to join our growing operations team ...

Associate, Loan Operations

Chicago, IL · On-site

$65K - $85K/yr

... Associate's primary focus will be the management of a portfolio of loan transactions. We are seeking an organized and detailed oriented loan closer / servicer to join our growing operations team who ...

Our ideal candidate for this Mortgage Loan Operations Specialist must have/must be able to ... In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other ...

We strive for all of our associates to feel welcome and empowered at work. As the Director of Loan Operations, you will provide strategic leadership and oversight for a centralized Loan Operations ...

LOAN OPERATIONS MANAGER, IN OFFICE POSITION POSITION OVERVIEW The Loan Servicing Associate plays a key role in supporting the day-to-day operations of the Loan Servicing team. This position bridges ...

We strive for all of our associates to feel welcome and empowered at work. As the Director of Loan Operations, you will provide strategic leadership and oversight for a centralized Loan Operations ...

Up to 11 paid holidays The Loan Operations Specialist will provide support to the overall credit ... Associates or Bachelor's Degree in Business and/or Banking is preferred. Exchange Bank is an Equal ...

High school diploma or equivalent required; associate degree or equivalent experience in banking, finance, or business preferred. * Prior experience in loan operations, document management, or a ...

High school diploma or equivalent required; associate degree or equivalent experience in banking, finance, or business preferred. * Prior experience in loan operations, document management, or a ...

Associate, CDFI Loan Operations Capital One, a Fortune 500 company and one of the nation's top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses, and ...

next page

Showing results 1-20

Loan Operations Associate information

See salary details

$11

$26

$53

How much do loan operations associate jobs pay per hour?

As of Jun 9, 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
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:
What states have the most Loan Operations Associate jobs? States with the most job openings for Loan Operations Associate jobs include:
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 Specialist

Loan Operations Specialist

New Horizon Bank

Richmond, VA • On-site

Full-time

Posted 7 days ago


Job description

At New Horizon, we're building a bank that runs on grit, speed, and execution. We move fast, challenge assumptions, and obsess over doing things better - for our clients and for each other. This isn't a place for red tape; it's a place for builders. From product design to client experience to operations, we're constantly pushing for sharper thinking and smarter solutions. Our team is made up of passionate individuals who share a relentless drive to enhance our services and deliver exceptional experiences. If you're energized by momentum, motivated by results, and excited to shape the future of banking, you'll feel right at home here.
General Job Summary:
This position is accountable for the booking of all new, renewed, modified loans on the core system using documentation from LaserPro or attorney prepared packages; maintenance and servicing of all existing loans and providing quality customer service to internal and external customers. Position is fast-paced and requires excellent time management skills to meet critical deadlines.
Essential Duties and Responsibilities:
The main functions include, but are not limited to the following:
  • Understanding the various types of loans and how they relate to the various fields within the loan system.
  • Responsible for keying new, renewed, modified loans from the commercial real estate, consumer, mortgage and asset-based portfolios.
  • Collaborate with Lenders, Lending Assistants and other members of the Loan Operations team to resolve issues regarding deficiencies in the final booking package
  • Reviews accuracy of data input of other associates to the Core.
  • Balance all General Ledger entries and accounts maintained by the Loan Department.
  • Review and maintenance daily reports.
  • Print and mail daily notices and/or statements for loans.
  • Monitor, pay and receive payments for all participation loans.
  • Image all documentation related to loans as requested.
  • Maintain procedures as requested
  • Adheres to all bank compliance policies
  • A working knowledge of loan compliance and regulations is required.
  • Understanding of Corporate and Limited Liability Organizational Documentation.
  • Understanding of CRA, HMDA, TRID, FHLB, REG Z, Flood, Truth in Lending and other Regulations that apply to Consumer and Commercial Lending.
  • Reviewing reports and collection of data.
  • Verifying documents during the pre and post-closing reviews ensuring accuracy and compliance with state and federal laws.
  • Exception tracking.
  • Monitoring loan ticklers and clearing outstanding items.
  • UCC financing statement tracking, the receipt of newly filed recorded UCC's and filing UCC amendments to extend the expiration date.
  • Other duties and special projects as assigned.

Requirements
Required Knowledge, Skills, and Abilities:
  • Extensive knowledge of loans and loan operation functions
  • Professional demeanor
  • Well organized
  • Self-Motivated/Results Oriented
  • Customer Service Focused
  • Excellent Communication Skills
  • Ability to multi-task in a fast-paced environment
  • Ability to adjust to a fast paced, multi-demand, ever-changing work environment
  • Ability to work well with others

Education and Experience:
  • High school diploma or GED required
  • 5 years minimum of prior related loan experience