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Loan Operations Manager Jobs in Indiana (NOW HIRING)

The Loan Operations Specialist is responsible for supporting the daily functions of the Loan ... Document Management & Scanning * Scan and index new commercial loan documentation into the imaging ...

Guest Service and Relationship Management * Provide the highest level of quality service to guests ... Loan File and Documentation Management * Ensure each loan file is current and fully documented ...

... Loan Operations Management team. This individual will use the ability to manage time and meet ... deadlines under pressure, while maintaining the highest level of customer service. Essential ...

Overview Join Our Team as a Mortgage Operations Manager! Are you ready to take your career to the ... Student Loan Reimbursement * Tuition Assistance * Wellness Programs * Community Involvement and ...

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Loan Operations Manager information

See Indiana salary details

$40.9K

$85.8K

$142.7K

How much do loan operations manager jobs pay per year?

As of Sep 15, 2026, the average yearly pay for loan operations manager in Indiana is $85,798.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,000.00 and $103,700.00 per year, depending on experience, location, and employer.

What is a loan operations manager?

A loan operations manager is responsible for managing the loan process for financial institutions such as banks, credit unions, and mortgage companies. Your responsibilities are to oversee consumer and commercial loan support staff, implement staff training programs, and provide appraisals on staff job expectation. Additional duties may include supervising loan document preparation and servicing, working directly with other staff to ensure efficient workflow, and maintaining knowledge of current software systems. You also conduct audits and assessments to ensure policies and procedures are meeting desired goals.

What are the key skills and qualifications needed to thrive as a loan operations manager, and why are they important?

To thrive as a Loan Operations Manager, you need a solid understanding of loan processing, compliance regulations, and financial documentation, often supported by a bachelor’s degree in finance, business, or a related field. Proficiency with loan origination systems (LOS), banking software, and knowledge of regulatory requirements such as RESPA and HMDA is crucial. Strong leadership, problem-solving abilities, and effective communication skills help manage teams and ensure smooth loan operations. These skills ensure efficient and compliant lending processes, minimize risk, and support organizational goals.

What are some common challenges faced by a loan operations manager, and how can they be addressed?

Loan Operations Managers often encounter challenges such as managing tight deadlines, ensuring regulatory compliance, and overseeing high volumes of loan documentation. Balancing accuracy with efficiency, especially during peak periods, can be demanding. Building strong communication channels within the team and collaborating closely with compliance, credit, and IT departments helps streamline workflows and minimize errors. Staying updated on regulatory changes and fostering a culture of continuous process improvement are key strategies for success in this role.

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

AspectLoan Operations ManagerLoan Processor
Primary RoleOversees loan processing workflows, manages teams, ensures compliancePrepares and verifies loan documents, reviews applications
Required SkillsLeadership, project management, regulatory knowledgeAttention to detail, document review, communication skills
Work EnvironmentOffice setting, managerial oversightOffice setting, processing loan applications
CertificationsOften requires banking or finance certificationsTypically no certifications required, but knowledge of lending regulations helps

The Loan Operations Manager focuses on overseeing the entire loan processing department, managing teams, and ensuring compliance, while the Loan Processor handles the day-to-day preparation and verification of loan documents. Both roles are essential in the loan lifecycle but differ in scope and responsibilities.

What does a loan operations manager do?

A loan operations manager oversees the processing, approval, and management of loan applications within a financial institution. They ensure compliance with regulations, coordinate between departments, and utilize loan management software to streamline operations. Strong organizational and communication skills are essential for this role.

What are the most commonly searched types of Loan Operations jobs in Indiana?

The most popular types of Loan Operations jobs in Indiana are:

What are popular job titles related to Loan Operations Manager jobs in Indiana?

For Loan Operations Manager jobs in Indiana, the most frequently searched job titles are:

What cities in Indiana are hiring for Loan Operations Manager jobs?

Cities in Indiana with the most Loan Operations Manager job openings:

Infographic showing various Loan Operations Manager job openings in Indiana as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $85,798 per year, or $41.2 per hour.

Loan Operations Specialist I

Evansville, IN β€’ On-site

Legence Bank
Commercial BankingΒ β€’Β 51 - 200 employees

$19/hr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 24 days ago


Job description

Job Posting TitleLoan Operations Specialist I
Job Description

Position Summary:

The Loan Operations Specialist is responsible for supporting the daily functions of the Loan Operations Department by accurately processing, scanning, and maintaining documentation for commercial loans and limited consumer loans. This position ensures the accuracy, organization, and completeness of loan files, while maintaining compliance with internal policies and regulatory requirements.

Essential Duties and Responsibilities:

  • Document Management & Scanning
    • Scan and index new commercial loan documentation into the imaging system.
    • Scan new Change in Terms agreements, miscellaneous loan documents, and exception items for recordkeeping and compliance.
    • Maintain proper document labeling and filing standards to ensure easy retrieval and audit readiness.
    • Perform miscellaneous paper filing as needed.
  • Loan Setup & Maintenance
    • Create and maintain shadow loans for tracking and reconciliation purposes.
    • Process paid-out loans, including preparing and verifying satisfaction and release documentation.
    • Review and update loan information in the core system to ensure accuracy and completeness.
  • Exception Tracking & Reporting
    • Monitor “In Review” items within the loan platform and follow up to ensure timely resolution.
    • Generate and distribute weekly exception reports to loan officers for missing or outstanding documentation.
    • Prepare exception reports to support the satisfaction and clearing of required items.
  • Mail & Administrative Support
    • Process incoming and outgoing mail related to loan operations.
    • Handle general administrative tasks within the department as assigned.
    • Provide support to loan officers and other departments as needed to ensure smooth operational flow.

Qualifications:

  • 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 financial institution environment required.
  • Strong attention to detail, organization, and accuracy.
  • Ability to manage multiple priorities and meet deadlines.
  • Proficiency in Microsoft Office applications and familiarity with imaging and loan processing systems.
  • Excellent communication and teamwork skills.

Work Environment and Physical Demands:

  • Office setting with routine use of standard office equipment such as computers, scanners, and filing systems.
  • Position requires a high level of confidentiality, accuracy, and efficiency.
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position.
  • While performing the duties of this position, the employee is regularly required to communicate via both verbal and auditory.
  • Specific visual abilities required for this position include close vision, distant vision, color vision, and ability to adjust focus.
  • Position requires that ability to occasionally lift office products and supplies, up to 20 pounds.

Supervisory Responsibility:

  • This position has no direct supervisory responsibilities.

Expected Hours of Work:

  • Some flexibility in hours may be allowed with prior approval, but the employee must be available during the “core” work hours of 8:00 a.m. to 5:00 p.m. Occasional evening and weekend work may be required as job duties demand.

Travel:

  • Primarily local during the business day, although some out-of-area and overnight travel may be needed/expected.

We understand that benefits matter – we offer a competitive benefit package for all full-time employees which includes:

  • A workplace built on respect, integrity, and balance
  • Medical, Dental, Vision Insurance coverage options
  • 401(k) Plan + Company Match
  • Competitive Pay starting at $19/hr
  • Career growth and opportunities for promotions
  • Paid Time Off, Holiday Pay, and Sick Time
  • Training for Professional and Career Development
  • Generous parental leave
  • Potential for annual performance bonus
  • Potential referral incentives

Additional Eligibility:

  • Legence Bank is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, age, disability, protected veteran status, or any other characteristics protected by law.
  • Please note this position description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this position. Du