ZipRecruiter

Log In

1

Loan Operations Jobs (NOW HIRING)

Wilsonbank

Loan Operations Specialist

Center, TX · On-site

Loan Operations Servicing Specialist Location: Lebanon, TN If you're looking for a career where purpose meets opportunity, and where your contributions truly make a difference, Wilson Bank & Trust is ...

Byron Bank

Loan Operations Manager

Byron, IL · On-site

$58K - $70K/yr

The Loan Operations Manager is responsible for effectively supporting the lending team for commercial, consumer, and mortgage loans across all branches. This individual will develop, document, and ...

Robert Half

Loan Operations Specialist

Davenport, IA · On-site

Support a Major Banking Transformation Initiative Our client, a respected financial institution, is seeking a Loan Operations Specialist to support a multi-year core banking conversion and data ...

Oak Bank

Loan Operations Specialist

Fitchburg, WI · On-site

Position Overview The Loan Operations Specialist is responsible for processing and monitoring the bank's loan portfolio which includes commercial, residential mortgages including secondary market ...

Oak Bank

Loan Operations Specialist

Fitchburg, WI

Position Overview The Loan Operations Specialist is responsible for processing and monitoring the bank's loan portfolio which includes commercial, residential mortgages including secondary market ...

New

next page

Showing results 1-20

All JobsLoan Operations Jobs

Loan Operations information

See salary details

$14

$25

$47

How much do loan operations jobs pay per hour?

As of Jul 17, 2026, the average hourly pay for loan operations in the United States is $25.19, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $28.85 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.
More about Loan Operations jobs
What cities are hiring for Loan Operations jobs? Cities with the most Loan Operations job openings:
What are the most commonly searched types of Loan Operations jobs? The most popular types of Loan Operations jobs are:
What states have the most Loan Operations jobs? States with the most job openings for Loan Operations jobs include:
What job categories do people searching Loan Operations jobs look for? The top searched job categories for Loan Operations jobs are:
Loan Operations jobs near you
Infographic showing various Loan Operations job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 87% Full Time, 8% Part Time, and 4% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $52,388 per year, or $25.2 per hour.
Loan Operations Specialist

Loan Operations Specialist

Grove Bank & Trust

Miami, FL • On-site

Full-time

Posted 23 days ago

Job description

SUMMARY: The Loan Operations Specialist is responsible for supporting the day-to-day operational functions of the Loan Operations department, ensuring accurate and timely processing of loan servicing activities. This role provides critical support in servicing commercial, consumer, and real estate loans, including escrow administration, payment processing, exception tracking, and loan documentation. In addition, the position supports the lending activities of the International Trade Finance function by assisting with operational and administrative processes related to trade transactions. Performs other related duties as necessary.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Loan Servicing & Operations

  • Track and maintain insurance coverage for both escrowed and non-escrowed loans.
  • Process insurance disbursements for escrow loan accounts.
  • Perform monthly escrow analysis and adjustments as needed.
  • Processes lines of credit advances and payments including loan, escrow and SBO (Service by Others) payments. Posts OREO sales.
  • Prepare estoppel letters and processes payoff and collateral release.
  • Administer annual escrow property tax disbursements (primarily in November).
  • Monitor and resolve items identified on monthly exception reports.
  • Conducts UCC filings, searches and renewals. Tracks collateral maintenance including rate changes and updates draw periods on HELOCs.
  • Performs daily and/or monthly balance of general ledger reconciliation.
  • Prepares retention list for paid off loans and coordinates shipments for archive according to record retention policy procedures.
  • Handles subpoenas related to loans.
  • Provides back-up coverage for other functions within the loan operations department.
  • Assists management with special projects.

Reporting, Compliance & Support

  • Assist with internal audits, regulatory reviews, and departmental control processes.
  • Support special projects and process improvement initiatives within Loan Operations.
  • Ensure compliance with internal policies, banking regulations, and investor requirements.
  • Maintain accurate and complete loan servicing records and documentation.

International Trade Finance Support

  • Provide operational and administrative support for International Trade Finance transactions.
  • Assist with processing and monitoring trade-related documentation (e.g., letters of credit, documentary collections, as applicable)
  • Track transaction status and ensure proper documentation is maintained.
  • Coordinate with lending officers and internal departments to support trade finance activities.


QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.


EDUCATION AND EXPERIENCE

Associate’s or bachelor’s degree in business, Finance, or a related field preferred. Minimum 2–4 years of experience in loan operations, loan servicing, or banking operations. Exposure to escrow servicing and/or trade finance operations is a plus. Working knowledge of loan processing policies and procedures and legal and regulatory guidelines.


SKILLS AND COMPETENCIES

Strong understanding of loan servicing processes, including escrow administration. Knowledge of banking regulations and compliance requirements. High level of accuracy and attention to detail. Strong organizational and time management skills. Ability to manage multiple priorities and meet deadlines. Proficiency in core banking systems and Microsoft Office applications (Excel, Word). Strong communication and interpersonal skills.


All candidates for hire will undergo a credit and criminal background check. Only qualified candidates will be contacted.
Grove Bank & Trust is a drug-free workplace and an Equal Opportunity Employer - Veteran/Disability.