Loan Operations Manager Job Description


A loan operations manager carries out the daily functions of a loan operations department of a business or organization. The individual creates meaningful techniques to acquire clients and to ensure the best services possible from the company. Requirements for a loan operations manager include a bachelor's degree in finance, strong leadership and organizational skills and the ability to communicate clearly and effectively to clients and employees as well as solve problems in a timely manner.

Direct Loan Operations

  • A loan operations manager handles the entire loan operations department by verifying and processing personal and business loans, participating in underwriting procedures for personal loans and performing escrow and collection procedures.

Implement Company Policies

  • Loan operations managers ensure the proper services are received by clients by executing policies and procedures that are specific and proficient to the goals of the company and the customers' satisfaction with the organization's products and services. This includes analyzing specific methods to assure regulatory fulfillment is in place.

Developing Business Relationships

  • To help a company become successful in assisting clients with their financial prospects, a loan operations manager acquires business relationships with cooperative and potential clients and business partners. Developing and maintaining a relationship will keep the business moving in the right direction.


  • Loan operations managers may hire staff members and train them on various loan functions as well as evaluate their performance on a regular basis. A manager can also terminate an employee when necessary due to unsatisfactory performance. On occasion, a manager will also train staff members who may not be associated with the loan department on loan-related materials and functions.

Prepare Department Materials

  • To ensure the department is running smoothly, a loan operations manager must prepare and administer budget reports, maintain consumer loan policies, supervise computer software systems such as DecisionPro and LaserPro and provide input and management control over key projects.

Related Searches


Promoted By Zergnet


You May Also Like

  • Job Description of an Operations Manager

    Operations manager is a job title that can cover many areas, industries and departments, but the basic function is the same --...

  • Loan Officer Job Description

    In any economy, people have to take out loans to invest in certain things, such as a new business, a college education...

  • Job Description of a Farm Manager

    A farm manager directs all duties having to do with operating a farm, including supervising employees, crop and livestock planning and marketing...

  • Document Coordinator Job Description

    In the age of Internet and electronic documents, hospitals, corporations and government agencies rely on document coordinators to maintain documents in central...

  • Job Description of a Mortgage Manager

    A mortgage manager is responsible for overseeing the mortgage loan department, typically in banks. Mortgage managers typically learn all they need to...

  • Bank Manager Job Description

    A bank manager is the person in charge of the financial operations of a bank, as well as of the employees who...

  • Business Operations Job Description

    Every organization must ensure that daily operations--from human resources to purchasing office supplies and equipment--are carried out smoothly and efficiently. Business operations...

  • Mortgage Servicing Specialist Job Description

    Mortgage servicing is the process of administering a mortgage. Mortgage servicing specialists perform a variety of administrative tasks, from reviewing loan applications...

  • Project Managers Job Description

    A project manager is a manager who is in charge of long-term or high-profile projects for a large company from inception to...

  • How to Get a Loan for Cattle

    With the beef industry thriving, raising cattle for sale can result in good profits for ranchers. Even so, because the yield from...

  • The Duties and Responsibilities of a Finance Manager

    The roles and responsibilities of a finance manager require a sincere commitment to detail and an inexhaustible need for new challenges. Each...

Related Searches

Check It Out

3 Day-to-Night Outfits for the Work Week

Is DIY in your DNA? Become part of our maker community.
Submit Your Work!