Boulo Solutions · 12 hours ago
Loan Operations Specialist
Birmingham, AL
Full-time
Onsite
Mid Level
$55K/yr - $75K/yr
3+ years expBoulo Solutions is partnering with a growing Birmingham, AL based bank looking for a Loan Operations Specialist. The role involves supporting the bank's loan portfolio through due diligence, document preparation, and ensuring compliance with regulatory requirements.
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Hiring Manager
Jeanne Monk
Responsibilities
This role is directly responsible for the pre-closing due diligence, gathering of supporting documentation, and preparing documents for disclosure requirements, new loan requests, or modification of existing loans. Prepares all loan packages for disclosure and closing purposes
Acts as primary support for all loan-related tasks for the bank’s entire loan portfolio according to regulatory compliance, state law, and bank policy to mitigate risk, perfect liens, and ensure complete and proper documentation is in place
Directly responsible for the daily administration of all loans and related bank accounts
Perform Due Diligence and Loan Processing
Prepare documents with attention to detail, and additional review prior to sending for closing to ensure minimal mistakes mitigating risk and client impact
Follow the loan process to ensure safety & soundness by lien perfection & properly documented transactions
Loan Support for the bank; collaborating with Client Advisors on upcoming transactions, timing – managing client expectations
Efficiency & streamlining our processes – always looking for ways to improve & reduce duplicated efforts
On-going training and sharing with fellow associates to ensure we are up to date on current items and processes
For all loan requests: Pre-closing due diligence and gathering of supporting documentation for disclosure requirements, new loan requests, or modification of existing loans. Post-closing disbursement for purchase money transactions
Daily routine includes Supporting documentation for all incoming loans, letters of credit, and subordination – order and review; review of attorney-prepared documents prior to closing based on the approval for accuracy and completeness; review of organizational documents to ensure proper legal naming and signer requirements; responsible for ensuring consumer regulatory timing requirements are being met as applicable
Supports the lending staff in all loan-related questions and/or issues
Qualification
Required
Associate's degree or three to five years of related experience or training; or equivalent combination of education and experience
Attention to detail
Proficiency in Microsoft Office suite
Preferred
Successful experience working in various banking systems such as Horizon, FLO (Fidelity Loan Origination), FCM/ImageCentre, as well as a CRM (Client Relationship Management) system
Company
Boulo Solutions
Boulo finds working mothers jobs and keeps them moving forward.
11-50 employees
Funding
Current Stage
Early StageTotal Funding
$1.5MKey Investors
Naples Technology VenturesZane Venture Fund
2023-06-06Seed· $1.5M
2020-06-11Non Equity Assistance
Leadership Team
Delphine Carter
Founder and CEO
Recent News
2024-04-05
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