Loan Operations Specialist in Palos Heights, Illinois at United Trust Bank
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Job Description
United Trust Bank | Palos Heights, IL Full-Time | Hourly Salary Range: $$50,000–$56,000 annually, depending on commercial loan experience and system knowledge.
About the RoleUnited Trust Bank is seeking a detail-oriented and motivated Loan Operations Specialist to join our Lending team. In this role, you will support the full loan lifecycle, ensuring accurate processing, documentation, and servicing of loan products while maintaining compliance with internal policies and regulatory requirements.
What You’ll Do- Book new loans, renewals, modifications, lines of credit, and letters of credit
- Perform post-closing reviews to ensure accuracy and completeness
- Process loan transactions, including payments and adjustments
- Manage participation loans (purchased and sold)
- Research and resolve loan discrepancies
- Respond to internal and external loan inquiries
- Balance loan general ledger and clearing accounts
- Handle recording and release of loan documents
- Track collateral exceptions and maintain loan files
- Process escrow disbursements
- Support internal and external audits
- Review daily reports and perform reconciliations
- 4+ years of banking or loan operations experience
- Experience with commercial loan documentation
- Proficiency with LaserPro
- Familiarity with Fiserv systems preferred
- Strong attention to detail and organizational skills
- Ability to multitask and meet deadlines in a fast-paced environment
- Solid problem-solving and communication skills
- Collaborative and team-oriented environment
- Opportunity for growth within a community-focused bank
- Competitive compensation and benefits package
- Health, dental, and vision insurance
- 401(k) retirement plan with employer match
- Paid time off and holidays
- Employee wellness programs
United Trust Bank is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions are made without regard to race, color, religion, sex, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or any other protected characteristic in accordance with applicable federal, state, and local laws.
United Trust Bank is an E-verify employer.
Monday - Friday
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