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Loan specialist jobs in Mount Prospect, IL - 125 jobs

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  • Bank Loan Analyst

    Corps Team 4.0company rating

    Loan specialist job in Downers Grove, IL

    Our client, a leading independent investment management firm, is seeking an experienced Bank Loan Analyst for a 10+ month contract to hire position in Downers Grove, IL. This role is hybrid, in-office 4 days a week. JOB PURPOSE As a premier global investment organization, the Bank Loan Team offers a full product line of investment options to both institutional and retail investors. This opportunity with the Bank Loan Oversight and Administration Team will provide support to the portfolio management and investment team covering various reporting areas, trade support and settlement efforts. KEY RESPONSIBILITIES/DUTIES Responsible for the production of various scheduled reporting deliverables for internal clients, including, but not limited, to the investment team, reporting team members, legal & compliance. Ability to work as part of a team to ensure the group provides top-tier service to both internal and external clients and service providers. Work in support of the trader to ensure that all trading activity is being efficiently and accurately entered in a timely manner in support of ISSMs products. Collectively work with the trade closing team to assist in the coordination and facilitation of settlement efforts. Liaise with traders, trade counter parties and agent banks. Support the team to ensure and maintain the data quality and integrity of the critical information that supports the business. Complete data mining, from a variety of internal & external sources, and analysis for Bank Loan clients. WORK EXPERIENCE / KNOWLEDGE 2+ years work experience preferred Familiarity and experience with bonds and bond settlements is desired A solid understanding of the security/loan market (LMA) and fund operations is desired Experience in a reporting / product oversight role is plus Experience in the investment management space is a plus SKILLS / OTHER PERSONAL ATTRIBUTES REQUIRED Aptitude for detail and a strong commitment to accuracy Excellent quantitative and qualitative analysis skills Ability to conduct analysis and present data in a meaningful way Proficient user of Microsoft Office, Excel, Access and Word Working knowledge of S&P Wall Street Office and/or Allvue-Everest is a plus Team Oriented/Team player Ability to work independently and follow through on projects Self-motivated, ability to multi-task and complete tasks upon assignment Open-minded, flexible, and willing to listen for other people's opinions Excellent verbal and written communication skills and effective interpersonal skills FORMAL EDUCATION Bachelor's Degree required, business (Finance/Accounting) degree preferred Pay Rate- $34.96- $36.96/hour
    $35-37 hourly 4d ago
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  • Personal Loan Consultant

    Onemain Financial 3.9company rating

    Loan specialist job in Schaumburg, IL

    At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team members thrive in a competitive atmosphere where hard work and dedication directly influence success. This role provides rewarding professional development and advancement opportunities in a dynamic and supportive environment. Loan Sales Specialists enjoy competitive compensation that recognizes both individual achievements and team success, all while growing their career. In the Role Effectively multitask and adapt to the dynamic demands of the role, ensuring timely and efficient service Exceed customer expectations through ease, empathy and encouragement, delivering results related to individual and branch goals Develop new connections and maintain ones by engaging customers throughout the loan process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and regulations Engage with customers and other departments through multiple technological channels, including phone, email, chat and our in-house systems Exhibit passion for achievement, bringing an internal drive to succeed and goal oriented attitude Clearly educate and inform customers on optional insurance products, ensuring customers have a thorough understanding of the loans, terms and their options Requirements: High School Diploma or GED Preferred: Sales, Collections or Customer Service experience Bilingual - Spanish Target base salary range is $18.00-$22.00, which is based on various factors including skills and work experience. In addition to base salary, this role is eligible for a competitive additional compensation program that is based on individual and company performance. Location: On site The schedule for this position is Monday-Friday during standard business hours, with some extended hours during the week as needed which may include Saturday. Who we Are A career with OneMain offers you the potential to earn an annual salary plus incentives. You can steer your career toward leadership roles such as Branch Manager and District Manager by taking advantage of a variety of robust training programs and opportunities to advance. Other team member benefits include: Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances Up to 4% matching 401(k) Employee Stock Purchase Plan (10% share discount) Tuition reimbursement Paid time off (15 days vacation per year, plus 2 personal days, prorated based on start date) Paid sick leave as determined by state or local ordinance, prorated based on start date Paid holidays (7 days per year, based on start date) Paid volunteer time (3 days per year, prorated based on start date) OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we've looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future. In our more than 1,300 community branches and across the U.S., team members help millions of customers solve critical financial needs, including debt consolidation, home and auto repairs, medical procedures and extending household budgets. We meet customers where they want to be -- in person, by phone and online. At every level, we're committed to an inclusive culture, career development and impacting the communities where we live and work. Getting people to a better place has made us a better company for over a century. There's never been a better time to shine with OneMain. Key Word Tags Sales, Collections, Retail, Loan Sales, Customer Service, Customer Care, Business Development, New Grad, Newly Graduated, Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, Career, Benefits, Customer experience, Financial Representative, Credit, Leadership, Manager Trainee
    $18-22 hourly Auto-Apply 3d ago
  • Loan Servicing Specialist III

    JPMC

    Loan specialist job in Chicago, IL

    Elevate your career with us as a Loan Servicing Specialist III, where your skills will contribute to managing over $500 billion in loans. Join a team that values growth, collaboration, and excellence in servicing diverse market segments. As a Loan Servicing Specialist III within the Wholesale Lending Services team, you will play a crucial role in processing complex loan transactions. Your work ensures the integrity of our loan systems and supports our commitment to exceptional customer service. Join us in a collaborative environment where your contributions matter. Located in Chicago, our Loan Servicing Center is at the heart of JPMorgan Chase's Wholesale Lending Services. With a team of 1,300 employees, we handle loan servicing for Business Banking, Global Wealth Management, Investment Banking, and Commercial Banking. Be part of a team that thrives on innovation and excellence. Job Responsibilities: Process complex loan transactions in a fast-paced environment Create PDF batch work for quality control and document repositories Enter customer and loan details into the loan system Process payments, rate resets, and maintenance transactions Identify and correct inaccurate or incomplete transaction information Minimize credit and business risk through compliance awareness Participate in projects and working groups as required Review and complete escalated requests Maintain proactive communication with business partners Meet or exceed established Service Level Agreements Required Qualifications, Capabilities, and Skills: Bachelor's degree in Accounting, Business, or Finance Three years of loan operations or quality control experience in banking Proficient in Microsoft Office applications Knowledge of ACBS and/or Loan IQ Understanding of US Dollar and Foreign Currency Loans Strong organizational and time management skills Excellent interpersonal and communication skills Preferred Qualifications, Capabilities, and Skills: Ability to adapt to internal tracking and monitoring systems Working knowledge of legal/credit documents Ability to interpret standard reports and forms Demonstrate attention to detail and accuracy Ability to maintain high performance in stressful situations
    $41k-163k yearly est. Auto-Apply 60d+ ago
  • Loan Origination Specialist III

    Jpmorgan Chase & Co 4.8company rating

    Loan specialist job in Chicago, IL

    JobID: 210694966 JobSchedule: Full time JobShift: Base Pay/Salary: Chicago,IL $23.75-$32.21 Join JPMorganChase as a Loan Origination Specialist III and make a significant impact on our Lending Services team. This role offers a unique opportunity for career growth and development, allowing you to enhance your skills in conflict management, critical thinking, and stakeholder engagement. Be part of a team that values personal resiliency and organization and contribute to providing exceptional service to our clients. As a Loan Origination Specialist III within the Lending Services team, you will play a crucial role in facilitating the loan origination process. You will collaborate with internal and external clients to ensure smooth transaction closings, while maintaining compliance with JPMorganChase's lending standards. Your ability to manage multiple tasks under tight timelines and build strong relationships with stakeholders will be key to your success in this role. Job responsibilities * Collaborate effectively with clients to facilitate loan origination and transaction closing, ensuring a smooth and efficient process through clear communication and proactive support. * Review and verify loan documentation for compliance, applying attention to detail and regulatory knowledge to ensure accuracy and adherence to standards. * Address and resolve routine issues in the loan process, utilizing problem-solving skills and critical thinking to maintain workflow continuity. * Manage multiple tasks simultaneously, demonstrating strong organizational skills and the ability to adhere to deadlines in a fast-paced environment. * Build and maintain strong relationships with stakeholders, leveraging interpersonal skills to foster trust and collaboration for successful outcomes. Required qualifications, capabilities, and skills * Demonstrated baseline knowledge of loan origination processes, with the ability to apply critical thinking to documentation review for accuracy and compliance. * Skilled in conflict management and issue resolution, effectively navigating challenges to maintain smooth operations. * Proficient in time management and organization, ensuring efficient task prioritization and completion in a structured manner. * Experienced in building and maintaining stakeholder relationships, leveraging strong interpersonal skills to foster collaboration and trust. * Capable of integrating critical thinking and organizational skills to enhance process efficiency and stakeholder engagement. Preferred qualifications, capabilities, and skills * Possess knowledge of JPMorganChase lending standards and compliance processes, ensuring adherence to regulatory standards and maintaining quality in lending operations. * Experienced in stakeholder relations, leveraging strong communication and emotional intelligence to build and maintain productive relationships, and facilitate effective collaboration. * Skilled in utilizing continuous improvement and process automation to optimize lending workflows, enhance efficiency, and streamline processes for timely and effective outcomes. * Proven track record in managing complex loan processes, demonstrating the ability to navigate intricate scenarios and deliver successful results under short deadlines. * Capable of integrating process optimization with strong organizational and active listening skills to drive improvements and maintain high standards in high-pressure situations.
    $67k-108k yearly est. Auto-Apply 28d ago
  • Experienced Loan Officer - Consumer Direct

    Mutual of Omaha Mortgage 4.7company rating

    Loan specialist job in Schaumburg, IL

    Job Description Join the winning team, with the brand recognition of a Fortune 300 company that has been in business over 100 Years! Mutual of Omaha Mortgage is inspired by hometown values and committed to being responsible and caring for each other, we exist for the benefit of our customers. With this excellent reputation, you will find your customers more receptive because of our well branded name. We specialize in affinity relationships, where very competitive pricing is offered! Mutual of Omaha Mortgage is a full-service lending division offering a complete line of residential mortgage, refinancing, and specialty loans. We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none. By constantly updating our loan programs and pricing based on market patterns, Mutual of Omaha Mortgage ensures that we deliver extremely competitive interest rates combined with optimal mortgage structuring. Website: ******************************* The Work: At Mutual of Omaha Mortgage, Loan Officers are trained to listen, build rapport, understand and analyze the full financial situations of our customers. Our goal is to provide the most appropriate financial solutions to meet each client's specific needs. The Person: Is energetic and outgoing, with excellent communication skills and who's able to be persuasive, has good character and integrity Connects quickly with consumers and builds rapport with potential clients Exceptional written and verbal communication skills, including excellent follow up capabilities Comfortable taking inbound calls Strong ability and passion for closing deals and negotiating Possess the ability to quickly identify customer's goals and objectives Is an ambitious professional who is motivated by the opportunity for advancement Flexible and adaptable, learns and reacts quickly in a fast paced environment, able to multi-task Strong sense of urgency and initiative to get things done Ability to handle high volume of phone calls Basic computer skills and data entry Sales experience preferred College degree preferred, but not mandatory The Perks: One of the best consumer direct compensation plans in the market Unstoppable marketing machine with LEADS, LEADS, LEADS Ongoing sales training, teaching the most innovative sale methods and daily sales coaching Proud sponsor of our veterans and numerous military charities - We proudly serve our Veterans. We will donate $125 to veteran and active duty charities for every participating loan that we close Incentive plans, competitions, company paid trips and contests Continuous on-going training and internal growth Extensive product line - products other lenders don't have Being a part of a dynamic and collaborative corporate culture that drives you to succeed This position is eligible for commissions, along with a base salary of $12 to $14 an hour Average Income of a Senior Loan Officer is typically between $50,000 and $200,000 a year Being a part of a dynamic and collaborative corporate culture that drives you to succeed Mutual of Omaha Mortgage is an Equal Opportunity Employer, and we encourage diverse, talented, qualified applicants to apply. We offer an extensive compensation package. Benefits include: Paid Sick Time - 40 hours of paid sick time after 90 days of employment. State sick time requirements will be added as needed. 9 Paid Holidays + 1 Cultural Celebration Day (Floating Holiday) Multiple PPO Medical Plans, as well as HDHP eligible plan. Dental Coverage Vision Coverage Company Paid Life Insurance Additional Benefits including - Optional Life, FSA, Pet Insurance etc. 401K with a generous employer match Free Legal Services Employee Loan Program Powered by JazzHR zxs1soaKlm
    $50k-200k yearly 15d ago
  • CRA Loan Specialist

    Fifth Third Bank 4.6company rating

    Loan specialist job in Rolling Meadows, IL

    Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Performs a wide range of duties relating to the origination of residential 1st mortgage loans for branch offices and outside referrals. Meets standards and objectives defined by management for mortgage loan sales and cross-selling objectives. Focuses on selling CRA products and services, targeting low to moderate-income individuals and areas, as well as non-profit organizations. Assumes overall responsibility for the residential mortgage loan from application to closing. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. ESSENTIAL DUTIES AND RESPONSIBILITIES: Develop CRA prospects & referral contacts (realtors, builders, professional and personal contacts). Maintain knowledge of Fifth Third Mortgage Company's policies and procedures. Maintain knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines. Conduct and coordinate homebuyer-training seminars for CRA potential applicants. Handle employee loans and participate in appropriate Fifth Third-coordinated functions to promote employee loans. Follow defined protocol for escalation of exceptions. Take applicant applications by completing Fannie Mae form 1003 on the laptop. Utilize the laptop for communication and access of daily rates, applicant credit reports, Loan Prospector responses, and transmitting the loan to LOMAS. Collect appropriate documentation from each applicant and deliver loan package in the time frames set by management. Manage pipeline for all originated loans through closing and complete required management reports. Communicate with applicants and/or referral sources by providing timely updates and progress reports. Maintain high levels of customer service while managing each applicant*s and support staff*s expectations. Attend and participate in all Consumer Lending meetings as required by management. This position requires SAFE Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS). MINIMUM KNOWLEDGE AND SKILLS REQUIRED: High school diploma or equivalent mandatory. Four-year college degree preferred. Knowledge of conventional and/or government lending guidelines. Knowledge of residential mortgage processing, underwriting, and closing procedures. Knowledge of federal lending regulations governing real estate lending. Demonstrated organizational skills. Strong written and verbal communications skills. Demonstrated teamwork and customer service skills. Proven computer skills. Basic sales technique skills. Strong desire to excel in a competitive environment. This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS). The NMLS web site (mortgage.nationwidelicensingsystem.org) provides the MU4R questions and registration required for employment in this position. CRA Loan Specialist At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: *************************************************************** or by consulting with your talent acquisition partner. LOCATION -- Rolling Meadows, Illinois 60008 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee. Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
    $87k-104k yearly est. Auto-Apply 60d+ ago
  • Vice President/Mortgage Loan Officer

    Greenstate Credit Union 3.9company rating

    Loan specialist job in Park Ridge, IL

    Creates, collects, analyzes, exercises judgment and advises members on mortgage loan options. Proactively seeks new business and builds pipeline. Maintains organization of portfolio and meets necessary and regulatory deadlines. As this position is 100% commission, significant time calling on prospective members and referral sources is essential. GREENSTATE CULTURE: At GreenState, our purpose is to create lasting value for our members, our communities, and one another. We empower our teams to create opportunities that strengthen financial well-being, transform lives, and enhance the vitality of the communities we serve. We know our success-now and in the future-is deeply rooted in fostering an engaging, diverse, and inclusive workplace where everyone knows they matter, their work makes an impact, and their everyday commitment to living our values is what brings our mission to life. Salary for this position is $52,000 with a progressive benefit package. Essential Duties and Responsibilities Performs essential duties and responsibilities in the following areas which may include, but are not limited to those listed and are subject to change. Adheres to the Credit Union's core values and Service Standards in carrying out GreenState's mission and vision. Demonstrates a positive member service (internal and external) focus at all times, greeting members and guests with a smile and eye contact immediately upon their arrival, using their name or acknowledging them, and thanking them for their business. Demonstrates teamwork in all interactions with coworkers and in the completion of all duties and responsibilities. Ensures confidentiality of member information. Supports a diverse and inclusive work environment. Plays a vital role in enriching the community by participating in community service organizations and/or Credit Union sponsored events on an annual basis. Explains the mortgage loan application process and products to the membership. Services by phone or in person the need for answers to inquiries pertaining to mortgage rates, mortgage programs, payments, daily rates, points, etc. Conducts mortgage loan application interviews assisting applicants in the completion of application. Gathers all required applicant information, including collecting, analyzing and advising members on best options to assure proper processing. Reviews applications, exercises judgment and renders loan decision for pre-approval/denial. Works with Underwriters in meeting their guidelines and obtaining loan approval. Is responsible for ensuring that all necessary documentation is in the loan files, including regulatory compliance items. With this position, it is customary to make regular outside sales calls to both prospective members and referral sources. Building relationships with realtors, builders are others that interact with the financial industry is crucial to ensure the ability to hit specific production targets. This may include such things as office calls, lunches or evening receptions as a way to generate future loan prospects. Most of such calls will take place outside of the employee's place of business many of which may extend outside normal work hours. Works with mortgage processing department when necessary to ensure final documentation is received by the investors in a timely manner. Assists to ensure that the various federal reporting documents are delivered in a timely manner, to include the borrowers 1098, sellers 1099, interest reported to the IRS, and the HMDA report. Assists in any necessary training and development needed within the GreenState Mortgage Loan department. Adheres to all state, federal and credit union regulations, policies and guidelines. Coaches, trains, and mentors Mortgage Loan Sales Associates. Job Requirements/Expectations High school diploma or equivalent (i.e., GED.) with five years of previous mortgage experience. Knowledge of procedures, forms, secondary market guidelines and regulations as they relate to mortgage lending. Knowledge and procedures of Real Estate purchasing and refinancing. Ability, availability, and willingness to work flexible hours to accomplish workload. During periods of peak demand and at other times, job will require a non-traditional workweek with extra hours including evening and/or weekend duties. Ability and willingness to network in the community. This is essential to build potential member base as well as referral sources for future business. Ability to prioritize assignments and organize work efficiently, to handle large volumes of details. Interpersonal skills to represent the credit union in a positive way during member contact. Excellent figure aptitude. Accuracy and attention to detail required. Ability to operate related computer applications. Ability and desire to call on the Realtors and make sales marketing presentations. Ability to deal tactfully and efficiently with members and co-workers on a professional level. Must be bondable. Notary Public Commission, or ability to obtain a Notary Public Commission within the first 6 months (excluding Illinois). Must be registered pursuant to requirements of the S.A.F.E. Act. Reporting Relationship Reports to the Vice President/Mortgage Sales, Senior Vice President/Mortgage Lending or Vice President/Mortgage Lending. Supervisory Responsibilities This position is not responsible for the supervision of others. Equal Opportunity Employment Statement GreenState Credit Union is an EEO/AA Employer. We strongly encourage all individuals to apply for openings with the credit union. #LI #ID
    $52k yearly Auto-Apply 3d ago
  • Commercial Loan Servicing Specialist II

    Axos Bank 4.5company rating

    Loan specialist job in Lombard, IL

    Axos Bank Target Range: $21.50/hr. - $30.00/hr. Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education. Eligible for an Annual Discretionary Cash Bonus Target: 12.5% Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5% These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets. About This Job Within the Commercial Lending Operations department, you will provide day-to-day processing support to commercial loan servicing. Technology & Operations is a group formed around business support and assisting our business units in opportunities and efficiencies. Building processes around the necessary controls for enabling business growth, aligning business objectives with IT Governance and Risk and allocating resources effectively to execute on the Axos Vision. Responsibilities: * Process loan modifications in the core system * Initiate invoice processing through Oracle for the business unit * Review financial documents and loan agreements * Complete daily/monthly clearing account general ledger reconciliations * Process loan advances and Draws for supported lending groups * Process loan payments * Boarding loans into Core Systems * Escrow disbursements * Loan reconciliations and rate adjustments, ensure accuracy in the core system * Board and track loan insurance * Loan document storage and recall * Prepare loan payoff requests and subsequent processing * Other priorities as needed within Commercial Lending Operations Qualifications: * Bachelor's degree preferred * Entry-level role * Strong customer service and operations acumen * Effective and professional written and verbal communication skills * Ability to multi-task/prioritize work effectively * MS Office * Strong attention to detail Axos Employee Benefits May Include: * Medical, Dental, Vision, and Life Insurance * Paid Sick Leave, 3 weeks' Vacation, and Holidays (about 11 a year) * HSA or FSA account and other voluntary benefits * 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan * Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading About Axos Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We're a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers. Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX). Learn more about working at Axos Pre-Employment Background Check and Drug Test: All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization. Equal Employment Opportunity: Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws. Job Functions and Work Environment: While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc. The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
    $21.5-30 hourly Auto-Apply 3d ago
  • Loan Servicing Specialist

    Old Second Bank 3.7company rating

    Loan specialist job in Oakbrook Terrace, IL

    Who We Are At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started. With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together! Position Overview The Loan Servicing Specialist position is responsible for consumer loan maintenance, payment processing, disbursements, payoff processing tax and insurance processing, and all other loan servicing duties as assigned. Essential Job Functions Provide customer service and act as an informational resource for all external loan customers, on the telephone or via e-mail. Provide daily internal operational support for all loan related questions. Prepare consumer loan payoff letters. Book new consumer loans into core loan system. Process loan payments and or advances for existing loans. Process all file maintenance related to consumer loan servicing. Monitor expiring consumer loan insurance. Prepare collateral release of liens and/or title releases for paid loans. Monitor/track collateral and insurance documents. Ensure operational integrity through compliance with all policies, procedures and regulations. Other duties as it relates to the servicing of loans and special projects as designated by manager. Minimum Requirements High school diploma and two or more years of consumer loan operations, or related area; or equivalent combination of education and experience. Competencies Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction. Proficient in Microsoft Outlook, Word, Excel. Strong organizational and critical thinking skills. Strong verbal, written and communications skills. Ability to multi-task and prioritize workload. Preferred, but not required Bachelor's degree a plus Jack Henry experience a plus Location Details This position requires the incumbent to work onsite on a daily basis to perform the regular responsibilities of the role. Compensation & Benefits Base pay: $20.50 - $26.50 Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience. Benefits: How We Support You - Old Second Thanks for considering Old Second!
    $20.5-26.5 hourly Auto-Apply 14d ago
  • Commercial Loan Processor - To 70K - Roselle, IL - Job 3254

    The Symicor Group

    Loan specialist job in Roselle, IL

    Commercial Loan Processor - To $70K - Roselle, IL - Job # 3254Who We AreThe Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.The PositionOur bank client is seeking to fill a Commercial Loan Processor role located in the Roselle, IL area. The position is responsible for the preparation, accuracy, and completeness of commercial loan packages, using the Bank's documentation system and procedures. The candidate will be processing and preparing commercial loan products, as assigned.The opportunity has a generous salary of up to $70K and a full benefits package. (This is not a remote position.) Commercial Loan Processor responsibilities include: Processing commercial loan requests for both new and renewal loans using prescribed procedures and software. Making an initial review of the loan approval (Profile), using information available on the loan processing software system and credit file, obtaining required information for underwriting, and preparing loan closing documents. Preparing all necessary loan documents including Promissory Notes, Business Loan Agreements, Construction Loan Agreement, Disbursement Request and Authorization, Resolutions, and Loan Checklists using information from the loan application, profile, and title policy. Confirming loan approval authority as defined by bank policy; review and obtain an understanding of the loan transaction from the Loan Profile. Determining that initial underwriting documentation is present according to the approval document. Reviewing credit files and determining additional documentation needs to support underwriting requirements, such as entity papers, credit reports, purchase contracts, lien searches, title work, appraisal or evaluation, environmental questionnaires, surveys, life insurance, and property liability insurance. Ordering supporting documentation from approved vendors and working with loan officers or customers as needed. Renewal loan processing includes entering the loan into loan software and working with the servicing loan officer to move the approved credit to close. Communicating results of documentation review and any processing issues to the loan officer on a timely basis. Balancing transactions and preparing all general ledger tickets and cashier's checks for disbursement. Preparing wire forms, wire tickets, and authorizing wires for loan proceeds. Processing loan files post-closing, including preparation and delivery of instruction letter and the closing packet to the title company if needed. Assisting with additional loan operation roles, as requested or necessary. Who Are You?You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.You also bring the following skills and experience: High School Diploma or equivalent required; two (2) year degree or higher preferred. Two or more years of experience in commercial loan document preparation and/or document processing. Understanding of the required documentation for commercial term loans and lines of credit and the associated collateral documentation. Ability to prioritize work on complex loan transactions to meet scheduled loan closing dates. Knowledge of compliance requirements for commercial borrowers. Knowledge of related state and federal lending and compliance laws and regulations, and other Bank lending policies. Highly accurate data entry skills and a strong level of skill working with a variety of PC and internet applications, including LaserPro, Excel, Word, and PowerPoint, and the ability to navigate key industry-specific Internet sites. Strong multi-tasking, time management, thoroughness, and accuracy skills required. Solid communication and organizational skills with a focus on teamwork and cooperation. A high level of confidentiality is required. Ability to work under deadlines with frequent interruptions. The next step is yours. Email us your current resume along with the position you are considering to:************************
    $70k yearly Auto-Apply 60d+ ago
  • Consumer Loan Processor (Previous Financial Experience Not Required)

    Healthcare Associates Credit Union 3.5company rating

    Loan specialist job in Lisle, IL

    Job Description Are you someone who thrives on helping others, solving problems, and creating positive experiences? At HealthCare Associates Credit Union, we're not just another financial institution-we're a mission-driven team dedicated to helping our members "Bank Healthy" by providing exceptional service and personalized financial solutions. Consumer Loan Processor - Immediate Opening - 35 Hour Work Week Salary Range: $23.21-$27.85/hr (Actual compensation will be determined using factors such as experience, skills & knowledge) 35-hour work week 4 weeks of paid time off Federal holidays off No working nights or weekends Opportunity for quarterly incentives Full benefits package 401K (Employer Matching up to 4.5% of eligible pay PLUS Employer Contribution of 4% of eligible pay) If you are committed to customer service and a desire to learn, we will train you (financial institution experience preferred, but not required). We take care of you so you can take care of our members! This role focuses on identifying each member's financial needs and recommending appropriate solutions. It includes handling initial loan application steps, processing and funding approved loans, and tracking some post-loan activities. Strong customer service and attention to detail are essential. About the Organization: We are a full-service, credit union serving members of various Health Care organizations. About the Position: This position is responsible for helping our members achieve their financial goals by providing initial member contact, preparation of consumer loan applications for decision, funding the loan, disbursing the proceeds, and after-booking tracking. Key Responsibilities: Loan Application Screening Confirm membership eligibility Ensure application details are complete and accurate Match loan type to purpose and collateral Pull credit reports and assess applicant qualifications Gather required documents (e.g., paystubs, insurance, purchase orders) Loan Processing and Disbursement Review loan conditions and verify accuracy in system (Symitar) Prepare and send loan documents for signature Disburse funds and confirm repayment methods Assemble and deliver loan packages to members Scan and track required documentation Member & Staff Service Provide professional support via phone, email, and in person Assist members with the loan process Cross-sell credit union products and services Explain loan decisions and procedures Help resolve basic account issues and process transfers Loan Auditing Review loan setup for accuracy (term, payment, method) Proofread loan documents and organize scan packages Post-Booking Tracking Manage vehicle title documentation and lien placement Release titles and update accounts for paid-off loans Scan and maintain loan documents Track insurance coverage and follow up as needed General Support Handle departmental mail and internal emails File documents, process billing notices Assist with various administrative tasks Core Competencies Quality & Accuracy: Pays close attention to detail, meets deadlines, and maintains data integrity. Decision Making: Uses relevant information to make informed, objective decisions. Transaction Processing: Handles tasks accurately and in a timely manner. Productivity: Maintains consistent output while following policies and procedures. Knowledge, Skills and Abilities: Friendly, professional, and organized Excellent communication and problem-solving skills Comfortable with Microsoft Word and Excel Able to work under pressure with accuracy Performs basic math with precision Maintains confidentiality and professionalism Qualifications: High school diploma or equivalent Financial institution experience preferred Typing speed of at least 30 wpm NMLS certification required or ability to obtain within 60 days HACU is an Equal Opportunity Employer This is an onsite position Job Posted by ApplicantPro
    $23.2-27.9 hourly 13d ago
  • Loaner Coordinator/Cashier

    McGrath Honda Elgin

    Loan specialist job in Elgin, IL

    Job Description Job Title: Loaner Coordinator/Cashier Location: Elgin, IL - McGrath Honda McGrath Honda, a well-established and reputable automotive dealership in Elgin, is seeking a Loaner Coordinator/Cashier to join our growing team. We are committed to providing outstanding customer service and we need dedicated individuals to help us maintain our reputation. Position Overview: As a Loaner Coordinator/Cashier at McGrath Honda, you will play a crucial role in ensuring a seamless and positive customer experience. You will be responsible for managing loaner vehicles, processing financial transactions, and providing exceptional customer service. This position offers an opportunity to be a part of a customer-focused team in the automotive industry. Key Responsibilities: Greet and assist customers in a friendly and professional manner. Manage loaner vehicle reservations, check-ins, and check-outs. Maintain accurate records of vehicle inventory and condition. Process customer payments, including cash, credit card, and check transactions. Ensure the cleanliness and maintenance of loaner vehicles. Maintain accurate cash and transaction records. Uphold dealership policies and procedures related to loaner vehicles and cashier duties. Qualifications: At least one year customer service or cashier role is preferred. Excellent interpersonal and communication skills. Strong attention to detail and organizational abilities. Basic computer skills for data entry and transaction processing. Ability to work in a fast-paced environment and handle multiple tasks. Positive attitude and a commitment to providing outstanding customer service. Willingness to learn and adapt to changing procedures and technologies. Availability to work Sundays Benefits For All Full Time Employees: Health, dental, and vision insurance options. 401(k) retirement plan. A supportive and collaborative work environment. Paid time-off.
    $35k-48k yearly est. 7d ago
  • Consumer Loan Processor

    The Federal Savings Bank

    Loan specialist job in Chicago, IL

    Full-time Description The Federal Savings Bank, a leading private bank and national lender, is seeking a Consumer Loan Processor to support the Consumer Loan Division in our Chicago, IL headquarters. The Federal Savings Bank Consumer Loan Processor is responsible for end-to-end processing of our secured HELOC, HELOAN, or unsecured personal loans. Their function is to review, analyze, and submit loan documents to Underwriting and Closing based on guidelines and with a focus on efficiency and quality. This position is based in our Chicago (Logan Square) corporate headquarters. Qualified candidates must reside a commutable distance at the time of application to be considered. Employee must be able to work onsite 3 days per week. Responsibilities and Duties: Daily utilization of Encompass and MeridianLink loan originations software Set and maintain proper expectations with all parties on the loan file Analyze credit, income, assets, and collateral documents prior to submitting to Underwriting Ensure loan files are complete and meet guidelines prior to Underwriting Clear loan conditions and communicate effectively with Sales, Processing, Underwriting, and Closing teams Order title, appraisal, hazard insurance, flood insurance, payoffs, and analyze them prior to closing (as applicable) Review and analyze title for all requirements and address any issues, insurance coverage for mortgagee Maintain loan file compliance while managing pipeline of various volume levels Work effectively under specific time constraints and meet end-of-month deadlines Complete the Bank's customer service training and apply it to all communication with borrowers, vendors, and internal team members Requirements Job Requirements: High school diploma required; 4-year college degree preferred 2+ years of processing experience processing purchase & refinance mortgages required Experience processing Home Equity loans preferred Able to calculate self-employed and variable income Expert knowledge of agency and investor loan guidelines Expertise in processing conventional loans required; additional VA and FHA knowledge preferred Familiarity with Encompass or other similar loan origination software Proficient with Automated Underwriting (LP & DU) preferred Excellent oral and written professional communication Must be able to manage time effectively and meet SLAs Favorable credit and background required Flexibility with your schedule as you may be required to work extended hours to meet the needs of the business, especially during peak volume periods What We Offer: Medical, Dental, and Vision insurance HSA and FSA plan options available Company-paid life insurance Partially matched 401k 7 paid holidays PTO that increases with length of employment Employee Assistance Plan (EAP) for employee and their household Employee recognition on a national scale with incentives Employee appreciation events Big bank capability, small-bank feel Garage parking onsite The Federal Savings Bank is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. Salary Description $50,000 - $60,000 base salary + bonus
    $50k-60k yearly 38d ago
  • Community Mortgage Lending Officer

    Citigroup 4.6company rating

    Loan specialist job in Vernon Hills, IL

    The **Community Mortgage Lending Officer** is an **entry level position** responsible for driving mortgage sales and client relationships through engagement with community clients, diverse real estate agents, and affordable housing non-profit partners in coordination with the Consumer Product Sales team. The role is directly responsible for the sale of a specific product or product set directly to clients. **Responsibilities:** + Consult with customers about their financial situation, financial and personal objectives and lending needs for the purpose of helping them achieve their home ownership goals. + Collect and analyze information about the customer's financial situation, financial and personal goals, tolerance for risk and change, plans for the future, income, assets, debts, cash flow, and credit history. + Analyze financial information for customers to make an initial assessment regarding whether the customer and the property may qualify for a particular lending solution. + Make recommendations to customers about which lending solutions would best meet the customers' financial and personal objectives + Advise customers about the consequences, risks, and benefits of alternative lending solutions. + Promote Citi's brand, and promote Citi as the provider for lending and other financial solutions. This includes promoting Citi and its financial services to real estate agencies, builders, other referral sources, and customers. + Visit customers outside of Citi's offices, with such visits to vary based on clientele, geography, market conditions, and other factors. + Work as a team with all internal partners to support and grow our customers. + Refer customers who seek financial services other than lending solutions to the appropriate Citi professionals. + Partner with Operations teams to ensure the seamless transfer of the loan application in order to provide documents to the Processors and acquire any additional information needed by the Processors and/or Underwriters. + Work with Processors/Closers and customers to ensure the timely closing of the customer's loan. + Go outside to key referral relationships (Realtors, CPA's, Builders, etc). to drive mortgage business into the bank. + Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency + Introduce clients to segment partners when appropriate (including but not limited to Bank, Wealth Management, Small Business, Cards, etc. + Keep abreast of trends and developments in local marketplace, as well as changing rules and regulations across the industry, and expand internal and external network to better serve clients and industry professionals + Attend a minimum of 2 - 3 Diverse Realtor and/or affordable housing nonprofit events per month. + Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency. **Qualifications:** + 2-5 years relevant experience + Residential Mortgage experience required + 3+ years previous mortgage sales experience required + Established relationships with diverse realtor organizations and affordable lending nonprofits in origination territory + Experience with community loan products inclusive of specialized LMI mortgage solutions, lender paid assistance programs and 3rd party assistance programs. + Established book of business + FHA/VA & conventional loan experience is preferred + The ability to comprehend and explain financial calculations and pricing alternatives. + The ability to communicate with customers about the proper documents and information needed to obtain a particular loan. + Knowledge of the laws and regulations that govern consumer lending, including fair lending, privacy, and RESPA. + Demonstrated customer service skills + Self-motivated and able to work independently + Strong relationship development and management skills + Expertise of general lending products and overall mortgage industry. + This position requires the employee to register as a mortgage loan originator with the Nationwide Mortgage Licensing + System and Registry ("Registry") and obtain a unique identifier from the Registry before engaging in mortgage loan originator activities. + Originate minimum of 3 loans per month with a minimum mix of 50% being either CRA eligible or within minority tracts. **Education:** + Bachelor's/University degree or equivalent experience ------------------------------------------------------ **Job Family Group:** Consumer Sales ------------------------------------------------------ **Job Family:** Consumer Product Sales ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Primary Location:** Vernon Hills Illinois United States ------------------------------------------------------ **Primary Location Full Time Salary Range:** $90,000.00 - $90,000.00 In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. ------------------------------------------------------ **Most Relevant Skills** Please see the requirements listed above. ------------------------------------------------------ **Other Relevant Skills** For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ **Anticipated Posting Close Date:** Nov 10, 2025 ------------------------------------------------------ _Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law._ _If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (*************************************************************************** ._ _View Citi's EEO Policy Statement (*********************************************** and the Know Your Rights (*********************************************************************************************** poster._ Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
    $90k-90k yearly 60d+ ago
  • Loan Administrator - CRE - Construction

    Associated Bank 4.6company rating

    Loan specialist job in Chicago, IL

    At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires. Join Associated Bank's Commercial Real Estate (CRE) team. The Commercial Loan Administrator is responsible for facilitating the construction loan monitoring process within the Commercial Real Estate division. Their role ensures compliance with internal policies, regulatory standards, and operational procedures while maintaining data integrity and supporting the deal team and borrower throughout the loan lifecycle. Key Accountabilities Coordinate and oversee the construction loan monitoring process, ensuring timely, compliant, and accurate execution of borrower advances . Collaborate with Commercial Loan Services, Syndications, agent and member banks, title companies, inspecting architects and other stakeholders to resolve deal -related issues. Manage borrower communication and provide superior customer service to internal deal teams and borrowers throughout the construction draw process. Ensure compliance with Standard Operating Procedures (SOP), Loan Policy, regulatory requirements, and internal standard. Monitor and verify third-party reports, construction documentation and state lien law requirements for title practices and due diligence. Process construction loan draws, review due diligence, and confirm all post-closing and insurance items are satisfied before funding. Maintain data integrity across systems and documentation; identify and resolve internal issues proactively. Support syndication activities by managing loan documentation, timing, and funding when Associated Bank acts as Administrative Agent. Education & Experience Required: Bachelor's degree or equivalent combination of education and experience in Business, Finance, or Accounting. 3+ years customer service experience in a professional office setting. 3+ years experience in commercial or CRE finance, legal documentation, accounting, or data systems. Preferred: 3+ years experience in loan administration, including construction loan monitoring and/or loan closing. 3+ years experience reviewing and analyzing credit and loan documents. 3+ years commercial real estate due diligence review experience. Why You'll Love Working Here At Associated Bank, you'll join a team that values collaboration, accountability, and continuous learning. We invest in your professional growth and provide opportunities to make a meaningful impact on clients and communities. Apply today to make an impact and build your career with us. In addition to core traditional benefits, we take pride in offering benefits for every stage of life. Retirement savings including both 401(k) and Pension plans. Paid time off to volunteer in your community. Opportunities to connect with others through our diversity-focused Colleague Resource Groups. Competitive salaries with professional development and advancement opportunities. Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more. Personal banking, loan, investment and insurance benefits. Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X. Compliance Statement Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR. Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline. Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the process. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish. Associated Bank is Pay Transparency compliant. The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role. $23.16 - $39.70 per hour
    $23.2-39.7 hourly Auto-Apply 60d+ ago
  • Residential Whole Loan - Analyst/Associate

    National Life Group 4.7company rating

    Loan specialist job in Addison, IL

    Come join one of America's fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures. Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard. We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good. About Us NLG Capital, the investment management company of NLG, manages approximately $40+ billion in AUM. Our purpose is simple - to allow NLG to keep its promises. How we do this - an obsessive focus on delivering investment results. We drive results through a rigorous but collaborative investment process, and we hold ourselves to the highest of standards, both as investors and teammates. While our process is based on rigor, our culture is based on our guiding principles: Meritocracy, Uncompromising Transparency, Intellectual Honesty, Performance Driven Learning, Relentless Pursuit of Excellence. These principles serve as the foundation of our team. They govern the way we conduct ourselves, how we interact with teammates and how we approach every investment decision. We act with the integrity and humility required to make the investment decision that is right for the firm, and ultimately our policyholders. Our culture has been deliberately built to foster curiosity and provide opportunities to learn and grow, both as people and investors. The flat and collaborative nature of our team promotes an atmosphere where the best ideas are continually expressed and rewarded. Our pursuit of excellence is unwavering. Please note that we do not offer visa sponsorship for this position. Role Summary The Residential Whole Loan - Analyst/Associate will be a key contributor to the execution of our residential mortgage investment strategy spanning over $1.5 billion in whole loan residential mortgages. In this role, the Associate will support market analysis, loan stratification and data-driven pricing, underwriting support, and portfolio monitoring and reporting. The role requires strong technical skills to enhance data processing, automation, and analytics within the investment process. The ideal candidate should be eager to learn, adaptable to evolving capital markets, and comfortable integrating technology into financial analysis. Additionally, this role will also support ongoing business development efforts, including analyzing new origination channels and conducting due diligence. The Associate will cross train and develop other members of the team, ensuring proper depth of talent and resources within the capital markets function. The Associate will have experience in the residential mortgage and/or RMBS structured finance markets including, but not limited to: asset-level contract finance, due diligence (asset valuation, credit and compliance), collateral analysis, risk mitigation, product development, regulation compliance, and vendor/client management. The ideal candidate will be an effective communicator and presenter, analytical, ethical, collegial, and driven individual with proven track record in residential mortgage investment. This position currently offers an onsite work schedule, with the expectation that you are in the office four days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion. Essential Duties and Responsibilities * Support the residential mortgage team on transactions and asset management of the residential mortgage investment portfolio * Perform deep sector specific research and analysis, identify relative value and potential trade opportunities, and communicate ideas across the team * Keep portfolio managers updated on key developments in mortgage related sectors, and contribute to the team's strategic outlook in both whole loan and securitized markets * Help negotiate and manage flow and bulk contracts * Collaborate with trade support, accounting, and technology departments along with vendor partners on settlement tie-out and trade management * Clear collateral exceptions with document custodian to make sure all collateral documents are received within the trailing document period * Track and manage collateral and credit file requirements * Manage the Know Your Counterparty process for vendors and trade partners * Complete diligence scope and diligence findings on each transaction based on feedback from investment committee * Ensure trade stipulations complied with by Seller as per contracts (purchase agreement and trade confirm) * Build, develop, and enhance analytical systems supporting the Residential Mortgage Investment team * Compile and manage the residential mortgage monthly reporting (portfolio analysis, trade activity, performance attribution, asset exposure) Minimum Qualifications * Undergraduate degree (preferably in accounting, finance, economics, math, or engineering) * 5+ years experience within the residential mortgage space * Knowledge of mortgage structured finance including Agency / Non-Agency MBS and Credit Risk Transfer (CRT) markets, with the skills to run various sensitivity and scenario analysis using prepayment models * Familiarity with loan-level due diligence, collateral, and contract finance for residential mortgage loans * Strong quantitative skills, with proficiency in Excel, Powerpoint, and customer relationship management software * Drawn to incorporating technology and best-practices to transaction management policies and procedures * Ability to wear many hats and ensure that the business is being executed with zero-defect or exceptions and with strong work ethic * First-principles mindset and ability to think critically and challenge status quo * Solid interpersonal skills and ability to connect to form meaningful working partnerships * Experience driving projects to completion * Ability and desire to work in a dynamic and demanding environment Preferred Qualifications * Knowledge of mortgage modeling systems (Intex, Yieldbook) and programming (Python, SQL) considered a strong plus Benefits * Your benefits start day one and are flexible and customizable to your and your family's specific needs. Check out the BENEFITS of a Career at National Life! Base Pay Range. The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-related knowledge; education, training and certificates; current business needs; and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances. Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life's discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors. National Life is accepting applications for this role on an ongoing basis and the role remains open until filled. Salary Pay Range $114,375-$167,750 USD National Life Group is a trade name of National Life Insurance Company, Montpelier, VT - founded in 1848, Life Insurance Company of the Southwest, Addison, TX - chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group. Fortune 1000 status is based on the consolidated financial results of all National Life Group companies. Social Media Policy Site Disclosure and Privacy Policy National Life Group 1 National Life Dr Montpelier, VT 05604
    $41k-56k yearly est. 60d+ ago
  • Loan Document Specialist

    Emarquettebank

    Loan specialist job in Orland Park, IL

    About Marquette Bank If making an impact is important to you, you belong with the Marquette Bank Team. You'll enjoy the opportunity to make a difference for our customers and in our neighborhoods. You'll love our welcoming, supportive, friendly, team-centered work environment - including perks like an expansive benefits package, growth opportunities, gym subsidy, tuition reimbursement and community involvement opportunities! Come be a part of something bigger at Marquette Bank. Founded by John F. McCarthy in 1945, the bank has been committed to providing financial services to meet the savings and borrowing needs of southwest Chicagoland. We have continued to grow and are proud to be a modern neighborhood bank with 20 branch locations to serve our customers and communities. Pay Range: $50,000 - $65,000 The pay range is based on consideration of criteria such as required qualifications, experience, education and skills. Marquette Bank reserves the right to offer the selected applicant a salary commensurate with the applicant's qualification, experience, education and skills. Position Summary: The Loan Documentation Specialist is responsible for completing all activities related to the generation of loan documentation, funding, collateral perfection, exception resolution, and real estate construction project tracking, preparing collateral file and securing loan documentation file. Essential Duties and Responsibilities: Confirm loan presentation requests adhere to Loan Policy and have the proper approval authority. Review and evaluate supporting documents provided by the Commercial Banking origination team (i.e. Entity Formation Documentation, UCC Searches, Flood Zone Determinations, Title Commitments, Appraisals, Surveys, Environmental Audits, Tenant Leases, all other forms required to document or secure the loan). Prepare and review loan documents utilizing software. When loan documents are prepared by outside counsel, forward supporting documentation to counsel and review documents prepared by counsel. Review executed loan documents and verify that the documents are properly executed. Set up file monitoring in tickler systems. Forward documentation to the proper recording office to record and perfect the Bank's lien on collateral. Resolve documentation exceptions listed in system. Process and balance construction draw requests for funding internally or through a title company construction escrow. Assist in reviewing loan policies, procedures, strategies and delivery systems utilized in the loan documentation process. Participate in Disaster Recovery/Business Continuity initiatives as assigned. Prepare monthly department report. Actively comply with all applicable laws and regulations to include the Bank Secrecy Act, the Community Reinvestment Act, and all other deposit, lending, or non-deposit service regulations; adhering to the Bank's internal policies, procedures, and risk management responsibilities contained in the Employee Handbook, the Employee Code of Conduct, and other applicable policies. Knowledge/Abilities/Experience and Training Required: Bachelor's Degree preferred or certification in Business Law, Business Finance or Commercial Real Estate Lending. Minimum 5 years' experience with commercial real estate loan documentation, construction loan documentation and commercial loan documentation. Working knowledge of bank operations, systems and regulatory guidelines. Self-motivated and willingness to implement changes to improve bank performance. Strong communication, organization and time management skills. Team-oriented. Ability to handle and complete multiple tasks under time constraints. Good customer service skills. Demonstrates an ability to handle difficult and sensitive business situations. Good analytical and problem-solving skills. Physical Demands: The physical demands described here are representative of those that must be met by employees in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee is frequently required to remain in a stationary position. Occasional movement within the office may be necessary to access file cabinets, operate office equipment, or retrieve documents. Regular operation of a computer and other office devices (e.g., calculator, copier, printer) is required. The employee may need to retrieve files from both upper and lower cabinets. The employee may be required to lift or move objects weighing up to 10 pounds on a regular basis, and occasionally up to 25 pounds. Specific vision abilities necessary for this position include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. Work Environment/Conditions The characteristics of the work environment described here reflect the conditions an employee typically experiences while performing the essential duties of this role. The noise level in the workplace is generally moderate. We Care About You. Marquette Bank's total rewards package , for eligible employees, will vary based on the pay type of the position and may include variable pay such as performance-based incentives, commissions, target bonus and discretionary bonus. Marquette Bank also offers health insurance, term life and disability insurance, generous time off and two retirement plans: 401(k) Salary Savings Plan and Employee Stock Ownership Plan (ESOP), as well as other perks including a FREE FunRewards checking account. Available rewards may vary by location, job level, employment status, and years of service. To learn more about our rewards package, please visit: ********************************************* You Belong Here. We offer an inclusive workplace to encourage, support and celebrate our diverse employees and the communities in which we work and serve. Our culture is built on a commitment to serve others. Working together, valuing each other and celebrating our uniqueness delivers a better financial future to our customers and neighbors. To learn more about our diversity and inclusion commitment, please visit: ********************************************************************** Equal Opportunity Employer/Vet/Disability
    $50k-65k yearly Auto-Apply 21d ago
  • Loan Processor

    American Portfolio Mortgage Corp 3.9company rating

    Loan specialist job in Palatine, IL

    Job DescriptionDescription: Loan Processor Requirements:
    $35k-43k yearly est. 10d ago
  • Loaner Coordinator / Cashier

    McGrath Honda St. Charles

    Loan specialist job in Saint Charles, IL

    Job Description Job Title: Loaner Coordinator/Cashier Location: St. Charles, IL - McGrath Honda McGrath Honda, a well-established and reputable automotive dealership in St. Charles, is seeking a Loaner Coordinator/Cashier to join our growing team. We are committed to providing outstanding customer service and we need dedicated individuals to help us maintain our reputation. Position Overview: As a Loaner Coordinator/Cashier at McGrath Honda, you will play a crucial role in ensuring a seamless and positive customer experience. You will be responsible for managing loaner vehicles, processing financial transactions, and providing exceptional customer service. This position offers an opportunity to be a part of a customer-focused team in the automotive industry. Key Responsibilities: Greet and assist customers in a friendly and professional manner. Manage loaner vehicle reservations, check-ins, and check-outs. Maintain accurate records of vehicle inventory and condition. Process customer payments, including cash, credit card, and check transactions. Ensure the cleanliness and maintenance of loaner vehicles. Maintain accurate cash and transaction records. Uphold dealership policies and procedures related to loaner vehicles and cashier duties. Qualifications: Excellent interpersonal and communication skills. Strong attention to detail and organizational abilities. Basic computer skills for data entry and transaction processing. Ability to work in a fast-paced environment and handle multiple tasks. Positive attitude and a commitment to providing outstanding customer service. Willingness to learn and adapt to changing procedures and technologies. Benefits: Health, dental, and vision insurance options. 401(k) retirement plan. A supportive and collaborative work environment. Paid time-off.
    $35k-48k yearly est. 10d ago
  • Healthcare Loan Closer

    Us Bank 4.6company rating

    Loan specialist job in Chicago, IL

    At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One. Job Description The Healthcare Loan Closer is a lending support role working directly with loans, customer accounts, inquiries, and items directly related to client satisfaction with the U.S. Bank relationship while working under the direction of Healthcare Relationship Managers and the Healthcare Business Development Officer. Responsibilities include: * Support sales teams in executing a One Bank strategy and growing market share. * Retain and deepen client relationships by providing exceptional client experience and support that is knowledgeable, timely and professional. Basic Qualifications * Bachelor's degree, or equivalent work experience * Typically, seven or more years of job-related experience Preferred Skills/Experience * Experience working with closing commercial loans for the healthcare industry * Considerable knowledge of departmental and bank products and services * Proven customer service and problem resolution skills * Proficient computer navigation skills using a variety of software packages including nCino, Salesforce, and Microsoft Office applications * Effective interpersonal, verbal and written communication skills The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants. Benefits: Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours): * Healthcare (medical, dental, vision) * Basic term and optional term life insurance * Short-term and long-term disability * Pregnancy disability and parental leave * 401(k) and employer-funded retirement plan * Paid vacation (from two to five weeks depending on salary grade and tenure) * Up to 11 paid holiday opportunities * Adoption assistance * Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $28.27 - $37.69 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Posting may be closed earlier due to high volume of applicants.
    $28.3-37.7 hourly 7d ago

Learn more about loan specialist jobs

How much does a loan specialist earn in Mount Prospect, IL?

The average loan specialist in Mount Prospect, IL earns between $20,000 and $68,000 annually. This compares to the national average loan specialist range of $26,000 to $68,000.

Average loan specialist salary in Mount Prospect, IL

$37,000

What are the biggest employers of Loan Specialists in Mount Prospect, IL?

The biggest employers of Loan Specialists in Mount Prospect, IL are:
  1. Fifth Third Bank
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