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Loan Operations Specialist - Arkadelphia, AR

Southern Bancorp
medical insurance, vision insurance, paid time off, paid holidays, 401(k)
United States, Arkansas, Arkadelphia
2500 Pine Street (Show on map)
Mar 12, 2025

Who We Are:

Southern Bancorp is a different kind of bank. As a Community Development Financial Institution (CDFI), a special certification designated for institutions that serve predominantly underserved communities, Southern Bancorp combines traditional banking and lending services with financial development tools and public policy advocacy to help families and communities grow stronger. Inspired by the principle that building net worth drives economic opportunity, our mission is to be wealth builders for everyone in the communities we serve, with a focus on low-wealth and un(der)banked populations, as well as an emphasis on Black and Brown individuals.

Job Summary:

The Loan Operations Specialist I is responsible for an assigned range of loan operations duties required to service the bank's loan portfolio in accordance with the loan policy and regulatory requirements.

Responsibilities:

  • Upload all loans, extensions, and renewal information and documents in accordance with bank policy and regulatory requirements.
  • Perform loan maintenance.
  • Review loan documentation.
  • Assist with file assembly and maintenance as needed.
  • Prepare various reports as assigned.
  • Complete all required training.
  • Perform other related duties as required or assigned.

Requirements:

  • A high school diploma or equivalent is required.
  • At least one year of experience in banking or an administrative role is required.
  • Strong computer skills are necessary.
  • Strong analytical skills, including the ability to organize information effectively.
  • Excellent communication and interpersonal skills are essential.
  • Familiarity with regulatory compliance requirements is necessary.
  • Ability to function in a detail-oriented, deadline-driven environment.
  • Must possess the ability to effectively relate to customers, officers, and others involved in the lending process.
  • Willingness to represent Southern Bancorp through civic and community organizations.
  • A background in banking and knowledge of loan transactions/terminology and clerical experience is preferred.

#LI-onsite

Physical Demands & Work Environment: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

What we offer our employees:

A positive impact on Your Future:

  • 401(k)/Roth plan with immediate eligibility and employer match up to 6%
  • Employee stock ownership plan
  • Discounted rate on primary home mortgage
  • Credit and housing counseling as well as free financial education tools available to customers and employees

Benefits to improve your health:

  • No deductible medical insurance plan
  • Dental and vision insurance
  • Employer paid life and long-term disability insurance
  • Flexible Spending Accounts

The opportunity to nurture your well-being:

  • Paid holidays and paid time off
  • Bonus plan
  • Opportunity for merit raises
  • Employee reward and recognition programs
  • Community service opportunities

Southern Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, sexual orientation, gender identity, gender expression, status as a protected veteran, among other things, or status as a qualified individual with disability. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

As a Community Development Financial Institution, Southern Bancorp desires its workforce to reflect the diversity of the customers and communities that we serve. Racial and ethnic minorities, people from working class backgrounds, women and LGBTQ people are often underrepresented in many financial service industry professions. Therefore, we strongly encourage applications from people with these identities or who are members of other marginalized communities.

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