Loan Operations Analyst/Specialist - PRISMINC.COM
Silver Spring, MD 20910
About the Job
We seek a detail-oriented and analytical Loan Operations Analyst to join our growing team. In this role, you will be responsible for processing, maintaining, and analyzing loan documents while ensuring adherence to all compliance regulations. You will play a key role in ensuring the smooth functioning of our loan operations and contribute to the success of our loan portfolio. You will conduct various independent post-booking reviews in accordance with loan documents to ensure the loan profile is accurate and in compliance with all applicable policies, procedures, and Federal/State regulations.
Responsibilities:
- Responsible for reconciling various general loan ledges daily, processing SBA 1502 reports, and conducting annual escrow analysis for the mortgage loans portfolio.
- Process and review loan documentation for accuracy and completeness.
- Gather and verify loan application materials, including tax returns, financial statements, and credit reports.
- Underwrite loans according to established guidelines.
- Communicate with borrowers and other internal departments to clarify discrepancies and collect missing information.
- Prepare loan closing documents and ensure all legal requirements are met.
- Maintain accurate loan files and databases.
- Analyze loan data and identify potential risks.
- Generate reports on loan processing activities and portfolio performance.
- Assist with the implementation of process improvements and new loan programs.
- Stay up-to-date on all relevant loan industry regulations and compliance requirements.
- Assist with other duties and projects as assigned.
Qualifications:
- Two-year degree in business, finance, accounting, or formalized lending programs such as through American or Maryland Bankers Associations. HS Diploma or equivalent and an additional two years of direct experience may be considered instead of a degree.
- Minimum five years of loan servicing or related job experience in the financial industry.
- Proficient in MS Office, particularly MS Excel and MS Word.
- Communicate effectively with internal departments, external vendors, and third parties.
- Knowledge of General Ledger balancing and everyday banking transactions.
- Must possess excellent analytical and problem-solving skills, be detail-oriented, and be committed to a high level of data integrity and accuracy.
About PRISMINC.COM:
PRISM is devoted to modernization and innovation within technology, security, and IT enterprise solutions and has been recognized for meeting IT performance requirements and exceeding customer expectations since 1994.
Source : PRISMINC.COM