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Loan Operations Jobs in Ohio (NOW HIRING)

The Union Bank Co

Loan Servicer

Columbus Grove, OH · On-site

Loan Operations Classification: Non-Exempt Revised: May 2026 Scope: Under the direction of the Manager of Loan Operations, the Loan Servicer assists internal and external customers and assembles ...

First National Bank

Loan Administrator

Bellevue, OH · On-site

The Loan Administrator is responsible for supporting the operational servicing, maintenance, balancing, and reporting of the bank's loan portfolio. This role ensures accurate loan servicing ...

Huntington

Syndication Loan Specialist

Columbus, OH · On-site

Interpret complex credit agreements and apply terms to operational processes. * Research and resolve discrepancies in loan balances, rate history, and payment allocations. * Collaborate with ...

Huntington

Syndication Loan Specialist

Cleveland, OH · On-site

Interpret complex credit agreements and apply terms to operational processes. * Research and resolve discrepancies in loan balances, rate history, and payment allocations. * Collaborate with ...

Huntington

Syndication Loan Specialist

Westlake, OH · On-site

Interpret complex credit agreements and apply terms to operational processes. * Research and resolve discrepancies in loan balances, rate history, and payment allocations. * Collaborate with ...

Huntington

Syndication Loan Specialist

Cleveland, OH · On-site +1

Interpret complex credit agreements and apply terms to operational processes. * Research and resolve discrepancies in loan balances, rate history, and payment allocations. * Collaborate with ...

Huntington

Syndication Loan Specialist

Columbus, OH · On-site +1

$57K - $113K/yr

Interpret complex credit agreements and apply terms to operational processes. * Research and resolve discrepancies in loan balances, rate history, and payment allocations. * Collaborate with ...

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Loan Operations information

See Ohio salary details

$13

$23

$44

How much do loan operations jobs pay per hour?

As of Sep 1, 2026, the average hourly pay for loan operations in Ohio is $23.94, according to ZipRecruiter salary data. Most workers in this role earn between $16.92 and $27.40 per hour, depending on experience, location, and employer.

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 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 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 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 most commonly searched types of Loan Operations jobs in Ohio?

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

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

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

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

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

What cities in Ohio are hiring for Loan Operations jobs?

Cities in Ohio with the most Loan Operations job openings:

Loan Operations jobs near you
Infographic showing various Loan Operations job openings in Ohio as of August 2026, with employment types broken down into 81% Full Time, 15% Part Time, and 4% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $49,805 per year, or $23.9 per hour.

Loan Operations Servicing Specialist

North Olmsted, OH • On-site

Community Savings
Commercial Banking • 11 - 50 employees
Learn more about Community Savingsexternal

Full-time

Re-posted 6 days ago

Job description

Summary:
The Loan Operations Servicing Specialist is responsible for the timely and accurate processing activities related to the booking and funding of Third Party Originated (TPO) loans, serves as backup in the preparation of in-house loans for loan approval, preparing loan documents for closing, booking and funding loans and ensuring all documentation is signed appropriately. Manages the sale and transfer processing of loans being sold within the core system. Performs Loan Maintenance and provides exceptional customer service to internal and external customers. This role requires excellent communication and organizational skills, a deep understanding of loan products, and a commitment to delivering high-quality customer service.
Essential Functions and Regular Responsibilities
  • Provide timely and accurate processing, booking and funding of TPO loans to the bank's core system.
  • Provide timely and accurate processing of investor loan sales and transfers of TPO loans including customer transfer notifications, MERS TOS/TOB completion, and wiring funds due to investors. Completes TPO Trailing Document Tracking. Makes new loan welcome calls to new borrowers. Completes assignment of mortgage documents for non-MERS loans.
  • Provide backup loan support for Caldwell loans including ordering title searches, deeds, appraisals, verifications of employment, and flood certifications; Prepare loan documents for closing; Open loans on core system and ensure all documents are properly signed; Track incomplete loan files for missing documents.
  • Performs MERS Report Reviews and Annual Reporting.
  • Assist with making collection calls for delinquent Third Party Originated loans that have been sold and transferred to an investor.
  • Provide timely and accurate Rate Change monitoring and changes within the bank's core system.
  • Process Home Equity Line of Credit Flips.
  • Process Loan Modifications within the bank's core system as requested and approved.
  • Provides assistance in training new employees on bank's systems and loan processing procedures.
  • Provide assistance in response to regulatory and internal/external audit requests.
  • Respond to customer inquiries (internal/external) in a timely, professional, and efficient manner. Assist customers with loan-related issues through phone, email, contact events, or letters, providing clear and accurate information and documentation.
  • Perform file maintenance and transactions on accounts as necessary. Assist with loan accounting and reconciliation activities to ensure accurate records.

Requirements
  • 2+ years of experience in loan servicing and/or escrow processing.
  • 2+ years of experience in customer service.
  • Experience being accurate with a focus on attention to detail.
  • Good math skills. High School Diploma or equivalent required.
  • Excellent oral, written and interpersonal communication and organizational skills.
  • Proficient in Microsoft Office Suite, with advanced skills in Excel (formula creation and data analysis) and accurate data entry.
  • Demonstrated ability to handle sensitive and personal information with trust, diplomacy, and professionalism.
  • Excellent customer service skills, with the ability to address loan-related issues effectively and efficiently.
  • Fluency in Spanish a plus, but not required.

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