LOAN OPERATIONS SPECIALIST

Regent Bank - Tulsa, OK

Full-time - Entry Level

Tulsa, OK

Credit Intermediation and Related Activities

About the position

The Loan Operations Specialist at Regent Bank is responsible for collaborating with lenders to resolve various loan exceptions and ensuring compliance with HMDA regulations. This role involves reviewing loan files, maintaining the bank's HMDA Loan Application Register (LAR), and cross-training in the Escrow department to handle insurance and tax payments.

Responsibilities

• Work with various lenders within the bank to request and clear loan/financial exceptions.
• Scan all exception items into the bank's loan imaging system.
• Clear and reset dates for continuing exceptions.
• Review all loans, including denied or withdrawn applications, for HMDA purposes.
• Gather and review HMDA information and input it into the HMDA LAR.
• Work closely with auditors regarding HMDA regulations and compliance.
• Cross-train to pay insurance, taxes, and perform annual escrow analysis.
• Perform other duties as assigned.

Requirements

• One to three years of previous banking experience.
• Functional knowledge of Microsoft Office applications (Excel, Word, PowerPoint).
• Strong verbal and written communication skills.
• Detail-oriented with the ability to work under pressure of deadlines.

Nice-to-haves

• Preferred experience with HMDA and Escrow.