Commercial Loan Operations Specialist jobs in United States
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Mercantile Bank Limited · 19 hours ago

Commercial Loan Operations Specialist

Mercantile Bank is seeking a Full-Time Commercial Loan Operations Specialist to join their dynamic onsite environment in Comstock Park, Michigan. The role involves ensuring the timely and accurate processing of commercial loans while maintaining data integrity and compliance with regulatory requirements.

BankingFinancial ServicesPersonal Branding

Responsibilities

Ensure the timely and accurate processing of commercial loans
Utilize strong organizational skills and attention to detail
Expertise in the daily data entry and maintenance of the Loan Accounting System, collateral file, and imaging systems
Load commercial loan packages onto the core system
Monitor adjustment requests
Manage non-posted transactions
Review daily reports
Verify the accuracy of loan inputs
Ensure quality assurance across all operations
Maintain data integrity by assisting in cleaning up names, addresses, and collateral information
Identify trends and mitigate risks
Comply with all regulatory requirements

Qualification

Banking operationsLoan Accounting SystemMicrosoft OfficeLending regulationsLoan documentationAttention to detailOrganizational skillsCommunication skills

Required

1-3 years of relevant job experience
Solid understanding of banking operations
Proficiency in computer programs, particularly Microsoft Office
Attention to detail
Strong organizational skills
Ability to communicate clearly
High school education or equivalent

Preferred

Previous bank loan operations experience
Lending regulations
Booking and maintenance of complex Commercial loans
Loan documentation

Benefits

Competitive compensation
Bonus opportunities
Best-in-class medical benefit options
Minimum of 3 weeks’ vacation
Sick time
11 paid holidays
Generous 401k match of 5%
Company paid life insurance
Tuition reimbursement
IVF and adoption assistance
Zero-interest loans for fitness equipment and business attire
Discounted bank services
Employee stock purchase plan
529 savings plans
Health savings accounts
Flexible spending accounts
Legal protection
Exceptional training and development opportunities
Encouragement to connect with community through volunteer opportunities

Company

Mercantile Bank Limited

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Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services and to contribute socio-economic development of the country.

Funding

Current Stage
Late Stage

Leadership Team

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Mati Ul Hasan
Managing Director
Company data provided by crunchbase