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Loan Operations Manager Jobs in Minnesota (NOW HIRING)

Dahl Consulting

Loan Operations Manager

Minneapolis, MN · On-site

$115K - $130K/yr

Loan Operations Manager Location : Minneapolis, MN | Hybrid Job Type : Permanent/Direct-Hire Compensation : $115,000.00 To $130,000.00 Annually Industry: Banking & Financial Services About The Role ...

Dahl Consulting

Loan Operations Manager

Minneapolis, MN · Hybrid

$115K - $130K/yr

Title : Loan Operations Manager Location : Minneapolis, MN | Hybrid Job Type : Permanent/Direct-Hire Compensation : $115,000.00 To $130,000.00 Annually Industry: Banking & Financial Services ...

MidCountry Bank

Loan Operations Manager

Bloomington, MN · On-site

$100 - $125/hr

Loan Operations Manager FT Exempt Bloomington, MN, US 2 days ago Requisition ID: 1399 Salary Range: $115,000.00 To $130,000.00 Annually The pay range represents the anticipated base pay for this ...

MidCountry Bank

Loan Operations Manager

Minneapolis, MN · On-site

$115K - $130K/yr

Manages, directs, coordinates and supervises all aspects of the Loan Operations team; seeking efficiencies and implementing scalable solutions. Works closely with business partners to implement ...

The bank of elk river

Director of Operations

Elk River, MN · On-site

$125 - $150/hr

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

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 ...

FVCbank

Loan Documentation Specialist

Virginia, MN · On-site

$60 - $80/hr

Job Summary The primary role of the Loan Documentation Specialist position is to support the Lending staff and Loan Administration management in the day-to-day operations of the loan division. The ...

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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 Sep 7, 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 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.
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 50% Hybrid, and 50% Remote job distribution, with an average salary of $88,309 per year, or $42.5 per hour.

Loan Operations Manager

Dahl Consulting

Minneapolis, MN • On-site

$115K - $130K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago

Job description

Title: Loan Operations Manager
Location: Minneapolis, MN | Hybrid
Job Type: Permanent/Direct-Hire
Compensation: $115,000.00 To $130,000.00 Annually
Industry: Banking & Financial Services
About The Role
Our firm is recruiting on behalf of a well-established community-focused financial institution that provides a broad range of commercial, consumer, and business banking services. The organization is committed to delivering exceptional customer experiences, operational excellence, and regulatory compliance while supporting continued growth through innovation and process improvement.
The Loan Operations Manager will lead and oversee all loan operations functions, ensuring the timely, accurate, and compliant processing of loan servicing, booking, documentation, reporting, and quality assurance activities. This is a hands-on leadership role that combines team management, operational oversight, process improvement, and strategic project participation to support the bank's lending operations and growth objectives.
Job Description
Team Leadership & Development
  • Lead, coach, and develop the Loan Operations team to achieve departmental and organizational goals.
  • Establish clear performance expectations aligned with the organization's mission and strategic objectives.
  • Foster a positive and collaborative culture while promoting employee engagement and accountability.
  • Assess staffing needs and oversee recruiting, hiring, onboarding, and talent development activities.
  • Manage employee performance, coaching, and corrective action processes in accordance with company policies.
Loan Operations Management
  • Oversee daily loan operations activities, including loan servicing, booking, documentation, reporting, and quality assurance reviews.
  • Ensure accurate and timely completion of operational tasks while meeting established service level expectations.
  • Monitor loan systems maintenance and provide operational support for production environments.
  • Analyze quality control findings, exceptions, and operational trends to identify root causes and implement corrective actions.
  • Maintain compliance with applicable federal and state banking regulations, internal policies, and audit requirements.
  • Develop and implement process improvements that increase efficiency, scalability, and operational effectiveness.
  • Prioritize department workloads and allocate resources to meet business needs.
  • Ensure team members receive appropriate training to perform their responsibilities effectively.
  • Deliver high-quality service to internal and external stakeholders.
Project & Change Management
  • Partner with cross-functional teams to support system upgrades, new product implementations, and operational enhancements.
  • Represent Loan Operations in project planning, testing, training, and implementation activities.
  • Develop scalable operational processes that support future business growth.
  • Monitor post-implementation performance and recommend enhancements as needed.
  • Identify opportunities to improve workflows and operational efficiencies.
Risk, Compliance & Business Support
  • Ensure operational procedures align with regulatory requirements and internal policies.
  • Conduct ongoing reviews of processes and controls to identify improvement opportunities and mitigate risk.
  • Support audit and compliance activities and ensure timely resolution of findings.
  • Participate in risk assessments and maintain effective operational controls.
  • Support financial performance objectives through efficient resource management and operational excellence.
  • Maintain the integrity of loan data within internal systems and external reporting processes.
Qualifications
Required
  • Bachelor's degree or equivalent combination of education and progressive related experience.
  • 5 to 8 years of loan operations experience within a banking or financial services environment.
  • At least 2 years of people leadership or supervisory experience.
  • Strong knowledge of loan servicing, loan documentation, loan booking, quality control, and operational processes.
  • Experience ensuring compliance with federal and state banking regulations.
  • Demonstrated success leading process improvement and operational efficiency initiatives.
  • Strong analytical, problem-solving, organizational, and communication skills.
  • Ability to manage multiple priorities in a fast-paced environment while meeting deadlines.
Preferred
  • 8 to 12 years of loan operations experience.
  • Experience with Fiserv and LaserPro systems.
  • Advanced experience leading operational transformation, system implementations, or process automation initiatives.
  • Experience supporting audits, risk management programs, and regulatory examinations.
  • Background working in community banking or regional financial institutions.
  • Proven ability to lead cross-functional projects and drive organizational change.
Benefits
Team Members enjoy a comprehensive benefits package that includes health insurance with medical plan options, along with dental and vision coverage. The package also features an employer?matched 401(k) plan, company?paid life insurance, AD&D, and short- and long?term disability, with the option to purchase additional life and AD&D coverage. Employees receive paid time off, and all federal holidays are observed.
How To Apply
Take the first step on your new career path! To submit yourself for consideration for this role, simply click the apply button and complete our mobile-friendly online application. Once we’ve reviewed your application details, a recruiter will reach out to you with next steps!
Equal Opportunity Statement
As an equal opportunity employer, Dahl Consulting welcomes candidates of all backgrounds and experiences to apply. If this position sounds like the right opportunity for you, we encourage you to take the next step and connect with us. We look forward to meeting you!
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