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Loan Operations Jobs in Indiana (NOW HIRING)

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

$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 ...

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 ...

First State Bank

Mortgage Loan Assistant

Middlebury, IN · On-site

... Loan Operations area. Primary Functions of this position: * Greet customers and provide customer service by answering questions regarding existing loans, the loan process in general and directing ...

First State Bank

Mortgage Loan Assistant

Middlebury, IN · On-site

... Loan Operations area. Primary Functions of this position: * Greet customers and provide customer service by answering questions regarding existing loans, the loan process in general and directing ...

First State Bank

Mortgage Loan Assistant

Middlebury, IN · On-site

... Loan Operations area. Primary Functions of this position: * Greet customers and provide customer service by answering questions regarding existing loans, the loan process in general and directing ...

Citizens Bank

Commercial Loan Officer

Plainfield, IN · On-site

Ensures the protection of the Bank's interests in matters of adequate documentation, adherence to Bank policy, and the various laws and regulations applicable to loan operations, as well as the ...

Citizens Bank

Commercial Loan Officer

Plainfield, IN · On-site

Ensures the protection of the Bank's interests in matters of adequate documentation, adherence to Bank policy, and the various laws and regulations applicable to loan operations, as well as the ...

Centra

Member Operations Liaison

Columbus, IN

This position provides operational deposit and loan subject matter expertise on systems and processes for Member Operations. This position provides operational support to Deposit and Consumer Loan ...

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Showing results 21-40

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 Aug 9, 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 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 is 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 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 August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $49,850 per year, or $24 per hour.

Specialist I, Commercial Loan Operations, South Bend, IN

1st Source Bank

South Bend, IN • On-site

Full-time

Re-posted 27 days ago

1st Source Bank rating

8.8

Company rating: 8.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

16th of 170 rated banks

Job description

POSITION SUMMARY
Responsible for preparing business loan documentation, ensuring the bank has collateral perfection, and performing post-closing loan servicing to adhere to the credit approval and the bank's policies and procedures. 
 
ESSENTIAL REQUIREMENTS
  • Reviews and determines the appropriate documentation and perfection requirements according to the credit approval within service standard agreements.
  • Examines loan documentation or accuracy, completeness and properly executed signatures.
  • Ensures appropriate due diligence requirements are completed.
  • Works closely with relationship managers and documentation staff in processing loan and lease transactions.
  • Boards loan to loan system and performs a 2 day verification of financial data.
  • Follows up directly with internal and external customers for pending items.
  • Performs monthly review of various reports to ensure accuracy including financial and regulatory data and perfection of bank’s lien.  
  • Performs necessary follow up and updates to ensure compliance.
  • Manages various reports clearing exceptions and performs collateral audits working with relationship managers and customers to gather required documentation or information to clear the exceptions.
  • Regular and predictable attendance is an essential requirement of the position.
  • Responsible for the completion of all compliance training related to the position.
  • Must understand all applicable laws and regulations that apply to the position and complies with the requirements.
NON-ESSENTIAL FUNCTIONS
  • Performs all other duties as assigned.
EXPERIENCE/SKILLS
  • One (1) to three (3) years of related experience preferred. 
  • Prior commercial loan documentation and perfection of lien experience for titled, non-titled and real estate collateral preferred.
  • Good PC skills--proficiency in Microsoft Word and Excel essential.
  • Good communication and organizational skills.
  • Ability to handle multiple tasks in a fast-paced environment.
  • Detail oriented.
EDUCATION 
Bachelors Degree preferred.
 
TRAVEL REQUIREMENTS
Ability to travel to all locations as well as ability to travel over night, as needed for meetings, projects, seminars, etc.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.
 

While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.

 EQUIPMENT
MS Office PC, fax, phone and standard office equipment.

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