Loan Operations Specialist

Loan Operations Specialist

Job Descriptions : $1,000 signing bonus (half after 30 days / half after 90 days); Pay range is $50k to $60k depending on experience. At First Utah Bank, we are proud to serve our local community. If you want to align with a company that shares similar values, we prioritize growing our community and employees by giving back to our community through ample volunteering and charitable donations, helping build careers through $5,000 of annual tuition reimbursement and hiring from within if at all possible. We respect work / life balance, so don't expect to regularly work late into the night, on weekends, or on nationally recognized holidays (your birthday is an additional "holiday" for you to enjoy). At First Utah Bank, honesty, integrity, and respect go without saying.

Position Summary

We are seeking an organized and detail-oriented Loan Operations Specialist to join our team. This position plays a critical role in supporting the daily operations of our lending and operations teams. This role is responsible for accurately reviewing various commercial, construction, and consumer loans, while ensuring all loan documentation is complete. In addition, this position handles key loan operational duties including accounts payable, initiating wire transfers, and ACH processing. The ideal candidate will bring an understanding of banking operations, a strong commitment to accuracy and problem solving, and the ability to work efficiently in a fast-paced and team-oriented environment.

Key Responsibilities

Review loan documentation and input loan data accurately into the core banking system.

Review loan bookings for completeness and compliance with bank approval documents.

Ensure timely funding of loans.

Prepare and initiate outgoing wire transfers related to loans in accordance with bank policies.

Process ACH transactions for loan payments.

Process vendor invoices in a timely and accurate manner.

Communicate with other bank departments to resolve issues and redefine possible, one relationship at a time.

This role begins in-office full time with on-the job-training. Likely flexibility of one day WFH per week after training is completed.

Required Experience :

1+ years of banking experience, with a basic understanding of accounting preferred but not required.

Ability to manage multiple tasks with high attention to detail and accuracy in a deadline driven environment.

Strong communication and problem-solving skills with the ability to work collaboratively across departments.

Working knowledge of Microsoft Office with strong proficiency in Excel and basic spreadsheet functions.