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Loan Operations Jobs in Indiana (NOW HIRING)

Legence Bank

Loan Operations Specialist I

Evansville, IN · On-site

$19/hr

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 ...

Thrivent Financial

$81K - $110K/yr

The Student Loan Operations Manager is a subject matter expert with deep knowledge of the end-to-end student lending lifecycle. This role is responsible for the administration, compliance ...

Ag Resource Management, LLC

Loan Officer

Avon, IN

Assisting with loan operations to ensure efficiency and a positive client experience. * Participating in loan and marketing efforts within the area/region. * Conducting regular visits with clients to ...

FCN Bank

FCN Bank Chief Loan Officer

Brookville, IN · On-site

$120K - $170K/yr

Provide strategic leadership and direction for all lending, credit, loan operations, and ... collections functions. * Develop, implement, and maintain the Bank's lending strategy in alignment ...

FCN Bank

FCN Bank Chief Loan Officer

Brookville, IN · On-site

Provide strategic leadership and direction for all lending, credit, loan operations, and ... collections functions. * Develop, implement, and maintain the Bank's lending strategy in alignment ...

FCN Bank

FCN Bank Chief Loan Officer

Brookville, IN · On-site

$120K - $170K/yr

Provide strategic leadership and direction for all lending, credit, loan operations, and ... collections functions. * Develop, implement, and maintain the Bank's lending strategy in alignment ...

FCN Bank

FCN Bank Chief Loan Officer

Brookville, IN

$120K - $170K/yr

Provide strategic leadership and direction for all lending, credit, loan operations, and ... collections functions. * Develop, implement, and maintain the Bank's lending strategy in alignment ...

FCN Bank

FCN Bank Chief Loan Officer

Brookville, IN · On-site

$120K - $170K/yr

Provide strategic leadership and direction for all lending, credit, loan operations, and ... collections functions. * Develop, implement, and maintain the Bank's lending strategy in alignment ...

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All JobsLoan Operations JobsLoan Operations Jobs in Indiana

Loan Operations information

See Indiana salary details

$13

$23

$44

How much do loan operations jobs pay per hour?

As of Jul 27, 2026, the average hourly pay for loan operations in Indiana is $23.97, according to ZipRecruiter salary data. Most workers in this role earn between $16.92 and $27.45 per hour, depending on experience, location, and employer.

What are some typical challenges faced in a Loan Operations role, and how can they be managed effectively?

In Loan Operations, professionals often encounter challenges such as managing high volumes of loan documentation, ensuring compliance with changing regulations, and coordinating with multiple departments to process loans efficiently. Staying organized and detail-oriented is crucial to avoid errors and delays. Effective communication and leveraging technology, such as loan management systems, can help streamline workflows and maintain accuracy throughout the process.

What is the role of loan operations?

Loan operations professionals manage the processing, servicing, and administration of loans to ensure accurate and efficient handling throughout the loan lifecycle. They handle tasks such as loan disbursement, payment processing, compliance monitoring, and record keeping, often using specialized software and adhering to regulatory standards.

How much does a loan operations manager make?

A loan operations manager typically earns between $70,000 and $120,000 annually, depending on experience, location, and the size of the financial institution. They oversee loan processing, compliance, and team management, often requiring knowledge of loan systems and regulatory standards.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary and bonuses, depending on the employer and experience level. Skills in underwriting and customer service are important in this role.

What is the difference between Loan Operations vs Loan Processing?

AspectLoan OperationsLoan Processing
Primary FocusOverseeing the entire loan lifecycle, including compliance, risk management, and workflow coordinationPreparing and verifying loan documents, data entry, and initial review of loan applications
Required SkillsKnowledge of loan policies, regulatory requirements, and operational proceduresAttention to detail, document review, and data accuracy
Work EnvironmentOperations teams within banks or financial institutions, often involving cross-department collaborationLoan processing departments, often within lending or credit units

Loan Operations involves managing the overall loan process, ensuring compliance, and coordinating between departments, while Loan Processing focuses on the initial review and preparation of loan documents. Both roles are essential in the lending industry but differ in scope and responsibilities.

What are the key skills and qualifications needed to thrive as a Loan Operations Specialist, and why are they important?

To thrive as a Loan Operations Specialist, you need strong attention to detail, knowledge of loan processing procedures, and a background in finance or banking, often supported by a relevant degree or experience. Familiarity with loan management systems, document management software, and compliance regulations is typically required. Excellent organizational skills, analytical thinking, and effective communication set top performers apart in this role. These capabilities are crucial for ensuring accurate loan documentation, regulatory compliance, and efficient loan servicing operations.

What are Loan Operations?

Loan Operations refers to the department or team within a financial institution responsible for managing the administrative and processing aspects of loans. This includes tasks such as loan documentation, funding, payments processing, servicing, auditing, and compliance. Loan Operations professionals ensure that loans are processed accurately, adhere to regulatory requirements, and that customer accounts are managed efficiently throughout the loan lifecycle. Their work supports both the front-line lending staff and the institution’s risk management efforts.

What jobs pay 500,000 a year in the US?

In the US, high-paying roles such as senior executives, investment bankers, specialized surgeons, and successful entrepreneurs can earn $500,000 or more annually. These positions often require advanced education, extensive experience, and strong industry networks, with compensation frequently including bonuses, stock options, or profit sharing.
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 jobs in Indiana? For Loan Operations jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Loan Operations jobs in Indiana look for? The top searched job categories for Loan Operations jobs in Indiana are:
Loan Operations jobs near you
Infographic showing various Loan Operations job openings in Indiana as of July 2026, with employment types broken down into 1% As Needed, 88% Full Time, 6% Part Time, and 5% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $49,850 per year, or $24 per hour.
Loan Operations Team Lead

Loan Operations Team Lead

Citizens State Bank

New Castle, IN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 21 days ago

Job description


Position Overview: The Loan Operations Team lead will be a working manager with individual contributions to the workload along with supervisory duties. This position is responsible for maintaining accurate records, verifying documentation and facilitating communication between various departments to ensure timely loan disbursement from the Loan Operations team. The Lead will oversee and improve all lending responsibilities of the loan department. A qualified candidate will have an extensive background in loan servicing and documentation. As the team leader, this position will ensure the team is compliance with regulatory requirements related to all loans.


Primary Duties:

  • Customer Inquiries: respond promptly and accurately to customer loan inquiries, providing exceptional service and support
  • Loan Transactions: assist bank staff and customers with various loan transactions, ensuring accuracy and compliance
  • Loan Tracking: Input and maintain loan information in the loan tracking system ensuring data integrity and up-to-date records
  • Workflow Adherence: ensure all loans follow established workflow processes and procedures, maintaining consistency and compliance
  • Escrow Management: manage escrow accounts, including the input and tracking of auto and homeowner’s insurance, ensuring accuracy and timeliness
  • Documentation Tracking: assist with tracking required loan documentation, ensuring completeness and compliance
  • File Imaging: Scan and image loan files, maintaining organized and accessible records
  • Regulatory compliance: adhere to all applicable federal laws, regulations, and company policies, ensuring compliance in all aspects of loan operations
  • Confidentiality: maintain customer confidentiality by safeguarding sensitive information
  • Loan Input: upload loan data accurately and timely to Core banking software
  • Additional Duties: perform additional duties and special projects as assigned, contributing to the overall success of the loan operations team


Education, Skills and Experience:

  • Attention to detail: demonstrated ability to maintain accuracy and thoroughness in tall tasks
  • Problem Solving: strong analytical skills with the ability to identify issues and implement effective solutions
  • Self-Motivation: Proactive and driven to achieve tasks independently and efficiently
  • Numerical Proficiency: advanced ability to accurately calculate numbers and perform analytical analysis
  • Multi-tasking: strong ability to manage multiple tasks simultaneously, adjusting priorities as needed
  • Technical proficiency: High level of proficiency with email, Microsoft office and internet applications
  • Team Collaboration: Ability to work well in a team environment
  • Customer Service: ability to provide excellent customer service in all communication channels, to both internal and external customers
  • Minimum High school diploma
  • 10+ years banking experience in a loan operations and documentation role
  • Strong time management skills and proven ability to work collaboratively to reach goals
  • Excellent interpersonal, conflict resolution and leadership skills
  • Good understanding of financial institutions products and services.
  • Proficient with Office 365 products and strong experience utilizing core banking applications


NOTE: This job description is not intended to be all-inclusive, other duties may be assigned.


Citizens State Bank also offers the following benefits:

  • Medical, Dental, Vision, Health Savings account
  • Wellness incentives with rewards $$, Health Savings Employer match, Health Reimbursement accounts
  • Short and Long Term disability (employer paid after 1 year)
  • 401K retirement savings with employer match
  • Employee Relief Fund
  • Tuition reimbursement
  • Employee Assistance Program
  • Company Logo Wear
  • Paid Holidays,PTO, Volunteer, Bereavement