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Loan Operations Manager Jobs in Minnesota (NOW HIRING)

The bank of elk river

Director of Operations

Elk River, MN · On-site

$111K - $153K/yr

SUPERVISORY RESPONSIBILITIES Provides leadership and management to the Deposit Operations Manager, Loan Operations Manager, and Data Analyst. Responsible for the overall direction, coordination and ...

Alerus

Loan Collateral Specialist, Senior

Eagan, MN

... loan operations knowledge of collateral documentation, collateral tracking, and collateral management processes. * High level of communication and client-service skills. * Ability to manage high ...

The bank of elk river

Loan Processor II

Elk River, MN · On-site

$22.50 - $26/hr

... Operations Department providing support to the Bank's loan originators and commercial administrators in document preparation, loan workflow monitoring, and life of loan process management in a ...

ECMC Group

Operations Manager, Claims

Minneapolis, MN · On-site

$80K - $95K/yr

Interacts as an essential member of project teams for loan conversions, system upgrades and ... experience managing an operational or processing function * Prior customer service experience ...

Border Bank

Retail Training Manager

Coon Rapids, MN · On-site

$66K - $90K/yr

This position serves as a key partner to Retail, Deposit Operations, Loan Operations, Risk, and ... Retail Training Manager Key Responsibilities * Design, develop, coordinate, and deliver onboarding ...

Border Bank

Retail Training Manager

Coon Rapids, MN

$18.25 - $24.25/hr

This position serves as a key partner to Retail, Deposit Operations, Loan Operations, Risk, and ... Retail Training Manager Key Responsibilities * Design, develop, coordinate, and deliver onboarding ...

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All JobsLoan Operations JobsLoan Operations Manager JobsLoan Operations Manager Jobs in Minnesota

Loan Operations Manager information

See Minnesota salary details

$42.1K

$88.3K

$146.9K

How much do loan operations manager jobs pay per year?

As of Aug 17, 2026, the average yearly pay for loan operations manager in Minnesota is $88,309.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,700.00 and $106,800.00 per year, depending on experience, location, and employer.

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 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 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.
More about Loan Operations Manager jobs

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

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

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

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

What job categories do people searching Loan Operations Manager jobs in Minnesota look for?

The top searched job categories for Loan Operations Manager jobs in Minnesota are:

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

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

Loan Operations Manager jobs near you
Infographic showing various Loan Operations Manager job openings in Minnesota as of August 2026, with employment types broken down into 100% Full Time. Highlights an 91% In-person, 6% Hybrid, and 3% Remote job distribution, with an average salary of $88,309 per year, or $42.5 per hour.

Loan Operations Supervisor

MidCountry Bank

Minneapolis, MN • On-site

$85K - $105K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago

Job description


The pay range represents the anticipated base pay for this position. Actual pay will be based on factoring including, but not limited to: market data, internal equity, skillset and knowledge, experience, education and overall qualifications for the role.



JOB SUMMARY

Responsible for the day-to-day supervision and coordination of the Loan Operations activities, ensuring timely, professional and accurate service while meeting appropriate service level agreements. Provides leadership, coaching, workflow management, and operational support to the Loan Operations team. Ensures all activities comply with applicable laws, regulations, policies, and guidelines.


This position serves as the primary operational support and backup to the Loan Operations Manager. This position is responsible for overseeing daily departmental activities while supporting the Manager's strategic, compliance, staffing, and operational objectives.


JOB RESPONSIBILITIES

1. Optimize team talents by providing leadership and coaching to individuals by:

  • Establishing clear goals that tie to the vision and mission of the business.
  • Championing the culture with your team and across the organization.
  • Determine staffing needs; Recruit, hire and onboard talent.
  • Document and conduct annual performance review process duties on time.
  • Conduct ongoing one on one coaching sessions
  • Managing employee performance issues in a timely manner and adhering to employment policies.
  • Participate in leadership training opportunities and apply learnings.

2. Oversee the functionality of the Loan Operations department in order to:

  • Ensure the timely and accurate completion of servicing, booking, documenting, reporting and quality assurance reviews
  • Monitor departmental SLAs, and review quality trends and coordinate corrective actions with the Lending Operations Manger
  • Monitor system maintenance and provide production support
  • Analyze quality and exception trends to determine root cause
  • Achieve satisfactory audits and compliance reviews by ensuring ongoing compliance with Federal and State regularity guidelines and adherence to established policies and procedures. Help the Lending Operations Manager ensure findings are addressed timely and thoroughly
  • Implement departmental process improvements and/or cost savings
  • Understand and help the Lending Operations Manager manage department priorities and team workloads
  • Provide adequate and appropriate training to effectively complete all tasks
  • Monitor services offered and recommend changes, updates and department restructuring as necessary
  • Ensure delivery of high quality service by team members to internal and external customers

3. Complex Loan Documentation and Transaction Processing

  • Accurately process complex transaction requests with established service level agreements.
  • Create and review standard and complex loan documents necessary to meet Credit Policy, Regulatory and Compliance, legal and procedural requirements for new commercial, agriculture, consumer and leases as well as modifications, refinances, extensions, renewals, change in terms, and subordinations.
  • Perform critical loan and lease file maintenance in an accurate and timely manner.
  • Review complex operational transactions and maintenance requests to ensure compliance with Bank policies, procedures, and regulatory requirements.

4. Manage or assist with system upgrades and roll outs of new products and services by:

  • Partnering with all applicable departments
  • Support implementation and training activities related to the loan operations system changes
  • Monitor performance of new products/services to ensure ongoing success


JOB REQUIREMENTS

Education-

  • Required: Bachelor’s Degree or equivalent related and progressive experience

Experience-

  • Required: 4- 6 years of experience in loan operations with at least two years of supervision of others.
  • Preferred: 6- 8 years of experience in loan operations with experience in FISERV, LaserPro, Abrigo with at least two years of supervision of others.


SCHEDULE

This position is scheduled to work 40 hours per week from 8:30 am to 5 :00 pm. The Company reserves the right to change the schedule as required for business needs.


BENEFIT INFORMATION

Our Team Members enjoy a comprehensive benefits package, including:

  • Health Insurance with two medical plan options as well as dental and vision options.
  • Employer matched 401(k) plan.
  • Company-paid life insurance, AD&D and short and long-term disability. Team members can also purchase additional life and AD&D insurances.
  • Paid Time Off and all Federal holidays observed.


MidCountry Bank is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of race, color, creed, religion, ancestry, age, sexual orientation, marital status, national origin, disability or handicap, veterans status, genetic information or gender identity. MidCountry Bank is an EEO/AA Employer.