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Loan Operations Manager Jobs in Rhode Island (NOW HIRING)

Allstate

Deliver recurring operational and management reports to investment teams, leadership, and business partners. What You'll Bring: * 3+ years of experience in bank loan operations, CLO administration ...

Citizens

Servicing Ops Manager

Johnston, RI · On-site

Leadership experience in banking operations, loan servicing, deposit operations, or a related environment. * Strong analytical, organizational, and problem-solving skills. * Experience managing ...

Citizens

Servicing Ops Manager

Johnston, RI · On-site

Leadership experience in banking operations, loan servicing, deposit operations, or a related environment. * Strong analytical, organizational, and problem-solving skills. * Experience managing ...

washingtontrust

Credit Risk Specialist

Westerly, RI · On-site

$50K - $65K/yr

This position is responsible for supporting the Bank's commercial lending operations through loan documentation quality control, exception and tickler management, flood compliance review, vendor ...

washingtontrust

Credit Risk Specialist

Westerly, RI · On-site

$50K - $65K/yr

This position is responsible for supporting the Bank's commercial lending operations through loan documentation quality control, exception and tickler management, flood compliance review, vendor ...

Dunmor

Loan Originator

Providence, RI · On-site +1

... operations, enabling an efficient and client-focused lending experience. Job Summary Dunmor is ... Consistently update the CRM system to reflect the status of prospects, applications, and active ...

washingtontrust

Credit Risk Analyst

Providence, RI · On-site

$75K - $85K/yr

This role is responsible for overseeing commercial loan documentation quality control, credit administration functions, operational risk management processes, and staff development within the Credit ...

Baycoast Bank

LOAN OFFICER

Bristol, RI · On-site

Collect and manage borrower documentation, following up as needed to ensure timely loan processing ... Support from a well‑established processing, underwriting, and operations team to help maximize ...

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All JobsLoan Operations JobsLoan Operations Manager JobsLoan Operations Manager Jobs in Rhode Island

Loan Operations Manager information

See Rhode Island salary details

$42.1K

$88.3K

$146.9K

How much do loan operations manager jobs pay per year?

As of Sep 2, 2026, the average yearly pay for loan operations manager in Rhode Island is $88,300.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,700.00 and $106,700.00 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.
More about Loan Operations Manager jobs

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

The most popular types of Loan Operations jobs in Rhode Island are:

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

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

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

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

What cities in Rhode Island are hiring for Loan Operations Manager jobs?

Cities in Rhode Island with the most Loan Operations Manager job openings:

Loan Operations Manager jobs near you
Infographic showing various Loan Operations Manager job openings in Rhode Island as of August 2026, with employment types broken down into 80% Full Time, 17% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $88,300 per year, or $42.5 per hour.

Collateralized Loan Obligation (CLO) Reporting Senior Consultant II

Allstate

Hybrid

Full-time

Posted 26 days ago

Allstate Insurance rating

7.4

Company rating: 7.4 out of 10

Based on 568 frontline employees who took The Breakroom Quiz

235th of 315 rated insurance

Job description

At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

We're seeking a detail-oriented and highly collaborative Senior Consultant, CLO Reporting & Operations to play a critical role in supporting our growing Collateralized Loan Obligation (CLO) platform. In this position, you'll serve as a key partner across investment, legal, trustee, and operations teams, ensuring the accuracy, integrity, and timeliness of reporting, compliance monitoring, trade processing, and data management activities.
This is an exciting opportunity for a professional who enjoys solving complex challenges, driving operational excellence, and becoming a subject matter expert within a sophisticated bank loan and structured credit environment.
What You'll Do:
Lead CLO Reporting & Data Integrity
  • Manage the generation, validation, and delivery of AIMCO reporting, including compliance reports, payment reporting, and post-payment data requirements.
  • Review and reconcile monthly and quarterly cash, compliance, and performance reports, ensuring alignment between internal systems and trustee records.
  • Partner closely with trustees to identify and resolve reporting discrepancies and improve reporting processes.
Drive New CLO Issuances & Ongoing Maintenance
  • Serve as the primary resource for new CLO onboarding, checklist implementation, reporting setup, and ongoing maintenance activities.
  • Support the establishment of new warehouse facilities, including borrowing requests and reconciliation activities with structuring banks.
  • Help ensure operational readiness and successful execution of new transactions.
Support Loan Operations & Trade Processing
  • Maintain accurate bank loan and AIMCO trade processing activities, including trade allocations, confirmations, settlement support, and trade enrichment.
  • Coordinate legal documentation and transaction data across Front Office, Legal, Trustees, and operational teams to ensure timely and accurate execution.
  • Act as a backup resource for bank loan and AIMCO trade settlements when needed.
Enhance Controls & Risk Management
  • Oversee the amendment waiver and consent (AWC) process across both Allstate and AIMCO portfolios, ensuring consistency and accuracy among all stakeholders.
  • Monitor key operational processes and data quality controls, helping ensure compliance with internal and external requirements.
  • Validate critical data elements and ensure month-end reporting accuracy across multiple platforms and counterparties.
Be a Trusted Subject Matter Expert
  • Develop and maintain expertise across key loan and investment systems, including Trade Capture, WSO, Aladdin, ClearPar, and Clearwater.
  • Provide guidance and support to internal teams regarding loan servicing, operational workflows, and reporting requirements.
  • Deliver recurring operational and management reports to investment teams, leadership, and business partners.
What You'll Bring:
  • 3+ years of experience in bank loan operations, CLO administration, structured finance, investment operations, or a related financial services environment.
  • Knowledge of syndicated bank loans, CLO structures, settlements, trustee reporting, or investment operations.
  • Strong analytical and problem-solving skills with exceptional attention to detail.
  • Experience working across multiple systems and managing complex reconciliations and data validation activities.
  • Ability to build strong partnerships across investment, legal, compliance, operations, trustees, and external service providers.
  • Proven ability to manage competing priorities in a fast-paced, deadline-driven environment.

Skills

Analytical Thinking, Analytics, Business Administration, Collaborative Development, Collateralized Debt Obligations, Compliance, Data Reporting, Finance, Loan Operations

Compensation

1-2 days a week in either River Point or Northbrook office location is required.

The candidate(s) offered this position will be required to submit to a background investigation.

Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger - a winning team making a meaningful impact.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

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To view the FMLA poster, click "here". This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

It is the Company's policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee's ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.

Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.

When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.

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About Allstate Insurance

Sourced by ZipRecruiter

We're a purpose-driven company powered by purpose-driven people. We're reinventing protection and transforming the company for our customers, communities and each other. You could play a role in our transformation. Join a 90-year-old, Fortune 100 insurance company as we challenge the status quo, champion inclusion and strengthen our communities. If being a part of that future gives you goosebumps, you've come to the right place. Reinventing the future of protection means rethinking how we work together. From marketing to claims, our employees have flexibility in how, when and where they work — whether at home, the office or both. We're creating an inclusive, diverse and equitable workplace. We encourage collaboration, support taking chances and foster a strong sense of community. Let's build a new kind of Allstate together.

Industry

Insurance services, real estate, finance and insurance and insurance agencies and brokerages

Company size

10,000+ Employees

Headquarters location

Northbrook, IL, US

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