Loan Operations Specialist III

Cadence Bank - Tupelo, MS

Full-time

Tupelo, MS

Credit Intermediation and Related Activities

About the position

The Loan Operations Specialist III plays a crucial role in assisting lenders and their staff to close loans efficiently, minimizing exceptions, booking errors, and regulatory issues. This position involves performing preclosing reviews of commercial loans, ensuring compliance with federal regulations, and maintaining a thorough understanding of lending policies and procedures.

Responsibilities

• Assist lenders in closing loans with minimal exceptions and errors.
• Perform preclosing reviews of commercial loan applications for compliance with federal regulations.
• Maintain knowledge of applicable federal regulations and assist in corporate compliance implementation.
• Implement Cadence lending policies and procedures effectively.
• Master the loan platform system, exceeding standard end-user skills.
• Understand commercial lending principles, including entity formations and documentation requirements.
• Communicate corrections or requirements clearly to lenders and assistants to ensure smooth loan processing.
• Maintain consistency within the department by adhering to loan policies and procedures.
• Perform other duties as assigned.

Requirements

• High school diploma or equivalent.
• Two to four years of loan preparation and processing experience.
• Knowledge of state and federal lending regulations preferred.
• Understanding of basic commercial lending principles.
• Good computer skills, including proficiency in Google, ALS, and loan platform systems.
• Close attention to detail and strong organizational skills.
• Ability to work under tight deadlines.