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Loan Operations Jobs in Virginia (NOW HIRING)

New Horizon Bank

Commercial Loan Closer

Richmond, VA · On-site

$66K - $85K/yr

From product design to client experience to operations, we're constantly pushing for sharper ... The Commercial Loan Closer is responsible for coordinating and finalizing commercial loan ...

F & M Bank

Lead Commercial Loan Processor

Timberville, VA

$72K - $75K/yr

Description The Lead Commercial Loan Processor partners with Commercial Relationship Managers (CRMs ... The successful incumbent promotes collaboration, operational excellence, and continuous improvement ...

F&M Bank

Lead Commercial Loan Processor

Timberville, VA · On-site

$72K - $75K/yr

The successful incumbent promotes collaboration, operational excellence, and continuous improvement ... Assists CRMs in initiating credit requests and loan renewals by collecting data and inputting ...

F&M Bank

Lead Commercial Loan Processor

Timberville, VA · On-site

$72K - $75K/yr

The Lead Commercial Loan Processor partners with Commercial Relationship Managers (CRMs) and ... The successful incumbent promotes collaboration, operational excellence, and continuous improvement ...

Locus

Operations Clerk

Henrico, VA · On-site

$45K - $49K/yr

The Operations Clerk is an entry-level position that supports the daily functions of the Loan ... Loan Processing & Maintenance * Performs research and responds to general loan account questions

Locus

Operations Clerk

Richmond, VA · On-site

$45K - $49K/yr

The Operations Clerk is an entry-level position that supports the daily functions of the Loan ... Loan Processing & Maintenance * Performs research and responds to general loan account questions

Virginia Community Capital

Operations Clerk

Richmond, VA · On-site

$45K - $49K/yr

The Operations Clerk is an entry-level position that supports the daily functions of the Loan ... Loan Processing & Maintenance * Performs research and responds to general loan account questions

Blue Ridge Bank

Deposit Ops Utility Clerk

Richmond, VA · On-site

$37K - $55K/yr

In limited circumstances, the role may also provide backup support for Loan Operations file maintenance review processes. This position maintains appropriate segregation of duties and does not have ...

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Showing results 21-40

All JobsLoan Operations JobsLoan Operations Jobs in Virginia

Loan Operations information

See Virginia salary details

$14

$24

$46

How much do loan operations jobs pay per hour?

As of Aug 23, 2026, the average hourly pay for loan operations in Virginia is $24.97, according to ZipRecruiter salary data. Most workers in this role earn between $17.64 and $28.61 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 Virginia?

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

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

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

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

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

Loan Operations jobs near you
Infographic showing various Loan Operations job openings in Virginia as of August 2026, with employment types broken down into 94% Full Time, 4% Part Time, and 2% Contract. Highlights an 96% In-person, 2% Hybrid, and 2% Remote job distribution, with an average salary of $51,938 per year, or $25 per hour.

Commercial Loan Closer

New Horizon Bank - National Association

Richmond, VA • On-site, Remote

Full-time

Re-posted 22 days ago

Job description

Description

At New Horizon, we're building a bank that runs on grit, speed, and execution. We move fast, challenge assumptions, and obsess over doing things better-for our clients and for each other. This isn't a place for red tape; it's a place for builders.

From product design to client experience to operations, we're constantly pushing for sharper thinking and smarter solutions. Our team is made up of passionate individuals who share a relentless drive to enhance our services and deliver exceptional experiences. If you're energized by momentum, motivated by results, and excited to help build the future of banking, you'll feel right at home here.


Position Summary:

The Commercial Loan Closer is responsible for coordinating and finalizing commercial loan transactions, ensuring all documentation is complete, accurate, and compliant with internal policies, legal requirements, and regulatory standards. This role serves as the central point of contact among lenders, borrowers, attorneys, title companies, and internal teams to ensure a smooth and timely closing process.

Requirements

Loan Closing & Documentation

Prepare, review, and finalize commercial loan closing packages, including promissory notes, loan agreements, guarantees, deeds of trust, security agreements, and related documents

Ensure all required approvals, conditions, and covenants are satisfied prior to closing

Coordinate with legal counsel on complex loan structures and documentation

Transaction Coordination

Act as liaison between lenders, legal, title companies, and borrowers

Due Diligence & Compliance

Verify completion of due diligence items (e.g., title commitments, insurance, appraisals, UCC searches)

Ensure compliance with internal credit policies and regulatory requirements

Confirm proper execution of documents, including notarization where required

Funding & Post-Closing

Manage post-closing follow-up, including document tracking and trailing items

Maintain accurate loan files for audit and compliance review

Required Qualifications:

Bachelor's degree in Finance, Business Administration, or related field (or equivalent experience)

2-5+ years of experience in commercial loan closing, loan operations, or banking

Strong knowledge of commercial lending products (CRE, C&I, construction loans)

Familiarity with loan documentation and closing procedures

Preferred Qualifications:

Experience working with attorneys, title companies, and external vendors

Knowledge of UCC filings, collateral perfection, and lien priorities

Experience with loan systems (e.g., nCino, LaserPro, Baker Hill, or similar)

Work Environment:

Typically office-based or hybrid role within a financial institution or lending organization

May require occasional extended hours to meet closing deadlines

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