New

Loan Operations Officer

BankTalent HQ
Commesurate with Experience
life insurance, paid time off, 401(k)
United States, Illinois, Northbrook
Oct 02, 2025
Job Details Job Location: Northbrook - NORTHBROOK, IL Position Type: Regular Full-Time Salary Range: $85000.00 - $105000.00 Salary/year Description This position reports to SVP Loan Operations Basic Function Prepare consumer and commercial loan documentation in compliance with both federal and state regulations and the Bank's internal loan policy. Essential Duties 1. Work with retail and/or commercial Lenders as well as the Loan Operations team members to ensure all necessary information has been obtained to document both consumer and commercial loans Prepare commercial & consumer loan documents on LaserPro Complete compliance checklists relating to said documents Update Pre and Post closing checklists Review attorney prepared documents pre- and post-closing Coordinate loan closing with title companies Review for all HMDA reportable loans and applications Review and maintain LaserPro updates 2. Perform additional Loan Operational duties such as: Prepare and/or review Directors Loan Committee & Board reports Prepare reports for Senior Management Quarterly update & annual submission of CRA information on FFIEC program Annual submission of HMDA information on FFIEC program Assist in obtaining information for internal & external audits Research & follow departmental procedures in connection with credit report disputes Assist in developing or updating existing operational procedures 3. Attend meetings & member committees: Departmental meetings relating to loan operations, commercial & retail lending Officer meetings Nonessential Duties Other duties as assigned Qualifications Knowledge, Skills and Abilities Detail oriented Strong knowledge of bank regulations & compliance Knowledge of accepted business accounting principles Good problem-solving skills Training and Experience High school diploma or GED College degree helpful 7 - 10 years banking experience 5 - 7 years loan operations experience Additional training/education in loan documentation and compliance Microsoft proficiency Fiserv application helpful LaserPro required Paralegal helpful Compensation Expected Salary Range: $85,000 - $105,000 Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data. Benefits First Bank Chicago offers a comprehensive benefits package including medical/dental/vision/life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits, please visit our website: https://firstbankchicago.com/Employee-Benefits . First Bank Chicago is an Equal Opportunity Employer: disability/veteran Crain's Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024