Accounting, Accounts Payable, Analysis Skills, Banking Operations, Banking Regulations, Banking Services, Billing, Communication Skills, Construction, Corrective Action, Cross-Functional, Customer Relations, Customer Support/Service, Customer/Client Research, Data Collection, Detail Oriented, Establish Priorities, Financial Services, High School Diploma, Internal Audit, Interpersonal Skills, Loan Accounting, Loan Operations, Loan Processing, Loans, Microsoft Excel, Multitasking, Operations Control, Policy Development, Prepare Correspondence, Presentation/Verbal Skills, Problem Solving Skills, Procedure Development, Reconciliation, Regulations, Regulatory Compliance, Team Lead/Manager, Team Player, Time Management, Writing Skills
$10,000 Signing Bonus available!
The Loan Operations Specialist at First Utah Bank plays a key role in supporting the daily loan operational functions of the Bank. This individual ensures that back-office processes run smoothly, accurately, and in compliance with applicable banking regulations, internal policies, and established procedures. The Loan Operations Specialist serves as a resource for both staff and customers, with a commitment to excellence in service and operational integrity. This position is primarily performed in a standard office environment. The role may require extended hours during peak periods such as quarter or year ends.
Job Responsibilities
Operations
- Handle loan accounting and operations functions including booking loans received from various closing departments, handling accounting of fees and expenses.
- Process loan related invoices.
- Handle all loan maintenance requests received from branches/loan departments.
- Review and prepare participation correspondence and accounting.
- Review suspense reconciliations for policy exceptions and accounting errors. Correspond with branches/departments for clearing and with Internal Audit department for status updates.
- Assist Construction Loan Department with related loan entries disbursed to subcontractors
- Assist branches with loan payments.
- Print and prepare daily accounts payable checks
- Complete customer research as requested by branches/departments.
- Serve as a back-up to other Accounting and Operational functions.
- Other duties, as assigned
Team Management and Development
- Be an active participant of a collaborative, high-performance culture that prioritizes customer service, accuracy and accountability.
- Provide cross-functional support to other departments.
Compliance and Risk Management
- Ensure all loan operations comply with applicable regulations.
- Complete SARs as required.
- Follow established dual-control procedures and internal controls for all sensitive operations.
- Assist in gathering information for internal reviews and audits.
- Monitor exception reports and take corrective action to resolve items in a timely manner.
Keyword: Accounting
Required Experience:
Required Qualifications
- High school diploma or GED required. Some college preferred.
- Minimum one to two years of experience in banking operations, loan operations, or a related financial services role. Teller experience or customer-facing banking experience a plus.
- Excellent analytical and problem-solving skills with a high degree of attention to detail.
- Strong Microsoft Excel skills
- Outstanding written and verbal communication skills.
- Excellent interpersonal and communications skills; ability to work collaboratively with teammates and customers.
- Demonstrated ability to manage multiple priorities in a fast-paced environment.
- Demonstrated integrity and discretion in handling confidential customer and Bank information.
Benefits:
We offer a competitive salary, a focus on work-life balance, and the following benefits:
- Health, dental, and vision insurance (The Bank covers 75% of Medical and Dental Premiums and we maintain $1,000 deductibles)
- Flexible Spending Account, Long-Term Disability (employer paid), Life Insurance (employer paid), Paid Medical Leave
- 401k with employer match (100% up to 5% of employee deferral, immediate vesting)
- Annual Employee Events
-Tuition Reimbursement
fmlaen.pdf (FMLA Poster)
Polygraph Protection Act employee rights
Know Your Rights: Workplace discrimination is illegal
From: First Utah Bank