Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * Has 8 or more years of ...
Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * Has 8 or more years of ...
Mortgage Loan Assistant
Raleigh, NC · On-site
$18.93 - $29.60/hr
This role requires both a sales and operational mindset. ESSENTIAL JOB FUNCTIONS : * Reviews the initial loan application, supporting documentation, and credit authorization for accuracy and ...
Mortgage Loan Assistant
Raleigh, NC · On-site
$18.93 - $29.60/hr
This role requires both a sales and operational mindset. ESSENTIAL JOB FUNCTIONS : * Reviews the initial loan application, supporting documentation, and credit authorization for accuracy and ...
Loan Underwriter I
Raleigh, NC · On-site
The Loan Underwriter I serves as a key resource to branch personnel and the loan processing team, supporting efficient and accurate real estate lending operations. Essential Responsibilities: * (40 ...
Loan Underwriter I
Raleigh, NC · On-site
The Loan Underwriter I serves as a key resource to branch personnel and the loan processing team, supporting efficient and accurate real estate lending operations. Essential Responsibilities: * (40 ...
Loan Underwriter I
Raleigh, NC · On-site
The Loan Underwriter I serves as a key resource to branch personnel and the loan processing team, supporting efficient and accurate real estate lending operations. Essential Responsibilities: * (40 ...
Loan Underwriter I
Raleigh, NC · On-site
The Loan Underwriter I serves as a key resource to branch personnel and the loan processing team, supporting efficient and accurate real estate lending operations. Essential Responsibilities: * (40 ...
Loan Officer
Durham, NC · On-site
... operational and compliance support provided by Corporate! Successful Candidate Attributes: • ... Loan Officer Requirements: • An active NMLS/MLO license (required). • Strong knowledge of ...
Loan Officer
Durham, NC · On-site
... operational and compliance support provided by Corporate! Successful Candidate Attributes: • ... Loan Officer Requirements: • An active NMLS/MLO license (required). • Strong knowledge of ...
Loan Officer
Cary, NC · On-site
... operational and compliance support provided by Corporate! Successful Candidate Attributes: • ... Loan Officer Requirements: • An active NMLS/MLO license (required). • Strong knowledge of ...
Loan Officer
Cary, NC · On-site
... operational and compliance support provided by Corporate! Successful Candidate Attributes: • ... Loan Officer Requirements: • An active NMLS/MLO license (required). • Strong knowledge of ...
Loan Officer
Raleigh, NC · On-site
... operational and compliance support provided by Corporate! Successful Candidate Attributes: • ... Loan Officer Requirements: • An active NMLS/MLO license (required). • Strong knowledge of ...
Loan Officer
Raleigh, NC · On-site
... operational and compliance support provided by Corporate! Successful Candidate Attributes: • ... Loan Officer Requirements: • An active NMLS/MLO license (required). • Strong knowledge of ...
Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * College degree in ...
Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * College degree in ...
Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * College degree in ...
Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * College degree in ...
Residential MTG Construction Specialist
Raleigh, NC · On-site
$15.75 - $20.50/hr
High school diploma or general education degree (GED); work related experience should consist of a minimum of 2 years' experience in residential mortgage loans and/or loan operations. Educational ...
Quick apply
Residential MTG Construction Specialist
Raleigh, NC · On-site
$15.75 - $20.50/hr
High school diploma or general education degree (GED); work related experience should consist of a minimum of 2 years' experience in residential mortgage loans and/or loan operations. Educational ...
Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * Has 8 or more years of ...
Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * Has 8 or more years of ...
Residential MTG Construction Specialist
Cary, NC · On-site
$15.25 - $19.75/hr
High school diploma or general education degree (GED); work related experience should consist of a minimum of 2 years' experience in residential mortgage loans and/or loan operations. Educational ...
Quick apply
Residential MTG Construction Specialist
Cary, NC · On-site
$15.25 - $19.75/hr
High school diploma or general education degree (GED); work related experience should consist of a minimum of 2 years' experience in residential mortgage loans and/or loan operations. Educational ...
Mortgage Loan Underwriter
Raleigh, NC · On-site
Maintain up-to-date knowledge of underwriting guidelines and changes in industry standards. * (10%) Collaboration and Communication- work closely with operations and sales to facilitate a timely loan ...
Quick apply
Mortgage Loan Underwriter
Raleigh, NC · On-site
Maintain up-to-date knowledge of underwriting guidelines and changes in industry standards. * (10%) Collaboration and Communication- work closely with operations and sales to facilitate a timely loan ...
Mortgage Loan Originator
Durham, NC · On-site
Quickly respond to Operations in order to facilitate an efficient loan process * Provide necessary disclosures to a loan applicant within a timely manner in accordance with regulations * Conduct all ...
Mortgage Loan Originator
Durham, NC · On-site
Quickly respond to Operations in order to facilitate an efficient loan process * Provide necessary disclosures to a loan applicant within a timely manner in accordance with regulations * Conduct all ...
Mortgage Loan Originator
Durham, NC · On-site
Quickly respond to Operations in order to facilitate an efficient loan process * Provide necessary disclosures to a loan applicant within a timely manner in accordance with regulations * Conduct all ...
Mortgage Loan Originator
Durham, NC · On-site
Quickly respond to Operations in order to facilitate an efficient loan process * Provide necessary disclosures to a loan applicant within a timely manner in accordance with regulations * Conduct all ...
Mortgage Loan Originator
Durham, NC · On-site
Quickly respond to Operations in order to facilitate an efficient loan process * Provide necessary disclosures to a loan applicant within a timely manner in accordance with regulations * Conduct all ...
Mortgage Loan Originator
Durham, NC · On-site
Quickly respond to Operations in order to facilitate an efficient loan process * Provide necessary disclosures to a loan applicant within a timely manner in accordance with regulations * Conduct all ...
Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * Has 8 or more years of ...
Previous lending experience or experience in loan operations. * Knowledge of Bank policies and procedures. * Computer skills (Word and Excel). Desired Skills & Competencies: * Has 8 or more years of ...
Mortgage Loan Originator
Durham, NC · On-site
Quickly respond to Operations in order to facilitate an efficient loan process * Provide necessary disclosures to a loan applicant within a timely manner in accordance with regulations * Conduct all ...
Mortgage Loan Originator
Durham, NC · On-site
Quickly respond to Operations in order to facilitate an efficient loan process * Provide necessary disclosures to a loan applicant within a timely manner in accordance with regulations * Conduct all ...
Mortgage Loan Officer
Raleigh, NC · On-site
This position is primarily responsible for originating Mortgage loans in compliance with company ... Excellence in operations Physical Requirements: * Express or exchange ideas by means of the spoken ...
Mortgage Loan Officer
Raleigh, NC · On-site
This position is primarily responsible for originating Mortgage loans in compliance with company ... Excellence in operations Physical Requirements: * Express or exchange ideas by means of the spoken ...
Mortgage Loan Officer
Raleigh, NC · On-site
This position is primarily responsible for originating Mortgage loans in compliance with company ... Excellence in operations Physical Requirements: * Express or exchange ideas by means of the spoken ...
Mortgage Loan Officer
Raleigh, NC · On-site
This position is primarily responsible for originating Mortgage loans in compliance with company ... Excellence in operations Physical Requirements: * Express or exchange ideas by means of the spoken ...
Loan Operations information
See Raleigh, NC salary details
$13.79 - $16.70
19% of jobs
$17.34 is the 25th percentile. Wages below this are outliers.
$16.70 - $19.61
27% of jobs
The median wage is $20.46 / hr.
$19.61 - $22.52
13% of jobs
$22.52 - $25.43
8% of jobs
$26.93 is the 75th percentile. Wages above this are outliers.
$25.43 - $28.34
15% of jobs
$28.34 - $31.25
13% of jobs
$31.25 - $34.16
1% of jobs
$34.16 - $37.07
0% of jobs
$37.07 - $39.98
0% of jobs
$39.98 - $42.89
2% of jobs
$42.89 - $45.80
2% of jobs
$13
$24
$45
How much do loan operations jobs pay per hour?
What are some typical challenges faced in a Loan Operations role, and how can they be managed effectively?
What is the role of loan operations?
How much does a loan operations manager make?
How much does a loan officer make on a $500,000 loan?
What is the difference between Loan Operations vs Loan Processing?
| Aspect | Loan Operations | Loan Processing |
|---|---|---|
| Primary Focus | Overseeing the entire loan lifecycle, including compliance, risk management, and workflow coordination | Preparing and verifying loan documents, data entry, and initial review of loan applications |
| Required Skills | Knowledge of loan policies, regulatory requirements, and operational procedures | Attention to detail, document review, and data accuracy |
| Work Environment | Operations teams within banks or financial institutions, often involving cross-department collaboration | Loan 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?
What are Loan Operations?
What jobs pay 500,000 a year in the US?

TowneBank rating
8.7
Based on 5 frontline employees who took The Breakroom Quiz
23rd of 170 rated banks
Job description
Primary Purpose:
Assist the loan officers in the day-to-day management and monitoring of their loan portfolio to include loan underwriting for new and existing members as well as member interaction. Perform various other member service tasks and assignments as required.
Essential Responsibilities:
- Assist the loan officers with the loan approval process by obtaining and analyzing financials, preparing loan summaries and packages for approval.
- Attend outside prospect and member meetings as necessary.
- Monitor the maturing loan report and assist loan officer and administrative officer in underwriting loans for renewal, to include requesting necessary financial information and completing LCA’s for temporary extensions.
- Manage LO’s Past Dues including adding comments to Insight.
- Inputting both new loans and renewals to B2B.
- Complete quarterly Problem Asset Reports for the loan officer’s portfolio for review and approval and assist with managing credit monitoring items and Priority 1 exceptions.
- Learn about each of the Bank’s products and services as well affiliate companies to look for additional cross selling opportunities as well as assist the loan officer and administrative officer when needed.
- Work on special projects as requested to help improve efficiencies in the overall loan portfolio management of the region.
- Work along with and independently of the officers to understand closing requirements for all loans as well as help clear exceptions as needed.
- Proactively build strong and effective partnerships with all business partners.
- Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
- Other duties as assigned.
Minimum Required Skills & Competencies:
- College degree in Business, Finance or Accounting strongly preferred
- Knowledge of B2C and B2B.
- Has advanced understanding of balance sheet, income statement and cash flow statements and can underwrite both complex C&I and CRE loans
- Has a minimum of 6-8 years of credit analysis/underwriting experience.
- Excellent member service skills.
- Excellent communication skills and the ability to interact professionally with internal and external members.
- Satisfactory completion of Credit and Small Business rotation or equivalent knowledge and experience in analyzing financial statements and underwriting commercial credit.
- Ability to work with minimum supervision.
- Ability to work well with various internal departments to achieve team goals and objectives.
- Previous lending experience or experience in loan operations.
- Knowledge of Bank policies and procedures.
- Computer skills (Word and Excel).
Desired Skills & Competencies:
- Has 8 or more years of experience of credit analysis/underwriting experience.
- Familiarity with TowneBank lending culture and philosophy.
Physical Requirements:
- Express or exchange ideas by means of the spoken word via email and verbally.
- Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
- Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
- Not substantially exposed to adverse environmental conditions.
- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities.
About TowneBank
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
1,001 - 5,000 Employees
Headquarters location
Suffolk, VA, US
Year founded
1999