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Loan Operations Specialist

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: gpac
Full Time position
Listed on 2026-01-12
Job specializations:
  • Finance & Banking
    Loan Servicing
Salary/Wage Range or Industry Benchmark: 45000 - 65000 USD Yearly USD 45000.00 65000.00 YEAR
Job Description & How to Apply Below

Base Pay Range

$45,000.00/yr - $65,000.00/yr

Position Summary

Join our dynamic team as a Loan Operations Specialist, where you will play a crucial role in ensuring the accuracy and efficiency of our loan process. Your attention to detail and problem‑solving skills will be essential in performing loan research, resolving issues, and processing loan payoffs.

Essential

Job Duties
  • Loan Booking:
    Accurately book new loans, renewals, modifications, letters of credit, and guidance lines of credit.
  • SBA Loans:
    Handle the booking of new SBA loans and ensure compliance with 1502 reporting to the FTA.
  • Document Management:
    Scan loan files and conduct thorough post‑closing loan reviews.
  • Payment Processing:
    Post payments, draws, and principal reductions with precision.
  • Quality Control:
    Edit loans booked to the loan platform for accuracy and manage participation loan processing for both purchased and sold loans.
  • Transaction Management:
    Clear loan unposted transactions and address general loan questions and research.
  • Account Balancing:
    Balance loan general ledger clearing accounts and execute the recording/release of applicable documents.
  • Exception Tracking:
    Maintain and report on document exception tracking.
Required Skills And Competencies
  • Experience:

    Minimum of three years in Loan Operations.
  • Education:

    College degree in a business‑related field.
  • Communication:
    Excellent written and verbal communication skills for effective interaction with internal and external clients.
  • Problem‑Solving:
    Strong ability to independently identify, analyze, and resolve technical problems related to the Bank's automated loan systems.
Why Join Us?
  • Innovative Environment:
    Be part of a forward‑thinking team that values innovation and continuous improvement.
  • Professional Growth:
    Opportunities for career advancement and professional development.
  • Collaborative Culture:
    Work in a supportive and collaborative environment where your contributions are valued.
How to Apply

Submit your confidential resume to

All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.

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