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MidWestOne Bank Loan Operations Specialist in Iowa City, Iowa

The Loan Operations Specialist assists the Loan Operations Officer with the administration of various loan related software programs, reconciling of internal accounts, and performing escrow related functions. Includes handling customer requests and servicing existing loan accounts.

  • Assists with the administration and accuracy of data within loan related software and websites.

  • Inputs loan information and completes maintenance in the bank core software.

  • Perform checkback of loan data entry to ensure integrity of data input/stored in the bank’s core. May include note maintenance check back, file documentation reviews, CIP, HMDA, Flood or other compliance reviews.

  • Create timely reconcilements for several crucial General Ledger and Internal DDA accounts.

  • Process loan payments

  • Assist with the servicing of existing loan account relationships, which may include:

  • Participations

  • Secondary Market Loans

  • Swap Loan Transactions

  • Letters of Credit

  • Charged Off Loans and OREO

  • May perform Escrow functions, which may include:

  • Monitoring payment dates for insurance and taxes

  • Updating tax and insurance amounts in the core

  • Producing and mailing checks

  • Reconciling related accounts

  • Responsible for incoming telephone calls and emails from customers

  • May require miscellaneous filing and document imaging

Associate’s degree (A.A.) or equivalent from two-year College or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience.

FLSA Status: Non-Exempt

Hours Per Week: 40

Benefits Package: Yes - Full Time Package

External Company Name: MidWestOne Bank

External Company URL: http://midwestone.com/

Street 2: 500 South Clinton Street

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