AML Advisory Group is seeking a Loan Operations Specialist for our bank client located in Miami, FL
Roles and Responsibilities:
- Responsible for assisting customers and bank staff with loan operations matters.
- Assist in the G/L reconciliation for example, loan settlement, prepaid G/L, unposted G/L, loan suspense G/L and other demand G/L.
- Responsible for booking commercial, commercial real estate, residential, consumer and unit price loan in the Jack Henry system.
- Responsible for processing the loan modifications, renewals and extensions in accordance with the loan approval.
- Responsible for reviewing late fee reimbursements for approval.
- Process the loan disbursements advances, wire transfer, payment including unit price, and payoffs.
- Process loan maintenance, loan payment reversals and repost payments in the Jack Henry system.
- Responsible for issuing letters and memorandums in relation to loan operations matters.
- Responsible for processing payments and correspondence on third party service loan portfolio.
- Process Non-Accrual, Charge-Off and Recovery transactions in Jack Henry.
- Prepare interest calculations and post interest and payment adjustments as required on Loans and Loans Participated.
- Prepare Participation Certificate and send correspondence to participants.
- Responsible for preparing participation certificate and notifying participants.
- Education: High School Diploma. Associate’s degree in Business Administration preferred.
- Experience: One (1) to Three (3) years of experience in the Banking industry in the Loan Operations area.
- Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
- Knowledge in banking systems including but not limited to Jack Henry.
- Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.
- Competitive salary
- Hybrid work model: work remote for two days and three days at the office.
- Medical, Dental, Vision
- Life Insurance
- Supplemental Insurances
- Short-Term & Long-Term Disability Benefits