LOAN OPERATIONS SPECIALIST Salary in Des Moines, IA

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How much does a LOAN OPERATIONS SPECIALIST make in Des Moines, IA? The average LOAN OPERATIONS SPECIALIST salary in Des Moines, IA is $51,054 as of May 28, 2024, but the salary range typically falls between $44,616 and $59,891. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Salary range for a LOAN OPERATIONS SPECIALIST

$44,616 to $59,891

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What is a LOAN OPERATIONS SPECIALIST?

A LOAN OPERATIONS SPECIALIST is responsible for managing the administrative and operational tasks related to loan processing and servicing. This includes reviewing loan applications, verifying documentation, and ensuring compliance with regulations and internal policies. They also handle loan disbursements, payments, and account maintenance, as well as resolving any issues or discrepancies that may arise. Additionally, they may assist with customer inquiries and provide support to loan officers and other team members. Strong attention to detail, organizational skills, and knowledge of loan processing procedures and regulations are essential for this role.

See user submitted job responsibilities for LOAN OPERATIONS SPECIALIST.

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Job Openings for LOAN OPERATIONS SPECIALIST in Des Moines, IA

Advanced Loan Operations Specialist

Minnwest Bank - Sioux Falls , SD

Minnwest Bank is seeking an individual for a full-time Advanced Loan Operations Specialist position at one of our Minnwest locations with preference for the Sioux Falls location (Louise Ave). The ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 30 days ago

Loan Operations Specialist

Peoples Bank and Trust - McPherson , KS

The Loan Operations Specialist works to complete any administrative tasks necessary to process consumer, commercial, and agricultural loans and follow up on existing loans for bank customers. This ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 67 days ago

Loan Operations Filing and Utility Specialist

Bryant Bank - Birmingham , AL

The Filing and Utility Specialist will oversee filing activities and some mailing activities for Bryant Bank's Loan Operations department. Duties/Responsibilities: * Files loan and credit file ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 30 days ago

Loan Operations Specialist

Texas Republic Bank - Frisco , TX

Performs administrative and coordination functions for Loan Processing, and also performs the following duties: Essential Duties and Responsibilities: include the following, other duties may be ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 15 days ago

Loan Documentation Specialist

Russell Tobin - Seattle , WA

Russell Tobin + Associates is currently seeking a Loan Documentation Specialist to work hybrid in ... Banking Operations Specialist Pay: $20.00 - $21.00/hour (based upon experience) Duration: 12-month ...

LinkedIn - 7 days ago

Loan Production Specialist II

Timberline Bank - Grand Junction , CO

Loan Production Specialist II Department: Timberline Way Loan Production Reports To: AVP TWAY Loan ... other loan operation duties. This position is in the Grand Junction Administrative Department

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 5 days ago

What does a LOAN OPERATIONS SPECIALIST do?

Common responsibilities of a LOAN OPERATIONS SPECIALIST

Perform quality control checks on loan documents and data entry.

September 01, 2023

Contribute to process improvement initiatives to enhance loan operations efficiency and effectiveness.

September 04, 2023

Maintain accurate and up-to-date loan files and documentation.

September 30, 2023

Stay informed about changes in lending regulations and industry best practices.

October 03, 2023

Coordinate loan closings and disburse funds to borrowers.

October 05, 2023

Provide support to loan officers and other team members as needed.

October 05, 2023

Ensure compliance with lending regulations and company policies.

October 06, 2023

Communicate with borrowers, loan officers, and underwriters to gather necessary information and resolve any issues.

October 30, 2023

Assist in the preparation of loan reports and documentation for audits and regulatory examinations.

November 24, 2023

Review and process loan applications and documentation for accuracy and completeness.

November 25, 2023

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LOAN OPERATIONS SPECIALIST Salary By Experience Levels in Des Moines, IA

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

LOAN OPERATIONS SPECIALIST Salary By Level of Education in Des Moines, IA

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for LOAN OPERATIONS SPECIALIST in Des Moines, IA

Average Base Salary

Core compensation

44616

59891

51054

Average Total Cash Compensation

Includes base and annual incentives

46168

62544

53190

What is the average salary for LOAN OPERATIONS SPECIALIST in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of LOAN OPERATIONS SPECIALIST in Des Moines, IA. The base salary for LOAN OPERATIONS SPECIALIST ranges from $44,616 to $59,891 with the average base salary of $51,054. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,168 to $62,544 with the average total cash compensation of $53,190.

View Average Salary for LOAN OPERATIONS SPECIALIST as table

	Average Salary	Average Salary Range
Base Salary	$51,054	$44,616 - $59,891
Bonus	$2,137	$1,551 - $2,653
Total Pay	$53,190	$46,168 - $62,544

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

LOAN OPERATIONS SPECIALIST Salary Near Des Moines, IA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Des Moines, IA
CITY, STATE Ankeny, IA	AVERAGE SALARY RANGE $44,419 - $59,627	COMPARE TO Des Moines, IA
CITY, STATE Urbandale, IA	AVERAGE SALARY RANGE $44,419 - $59,627	COMPARE TO Des Moines, IA
CITY, STATE Ames, IA	AVERAGE SALARY RANGE $44,005 - $59,071	COMPARE TO Des Moines, IA
CITY, STATE Cedar Falls, IA	AVERAGE SALARY RANGE $41,469 - $55,666	COMPARE TO Des Moines, IA
CITY, STATE Waterloo, IA	AVERAGE SALARY RANGE $41,824 - $56,143	COMPARE TO Des Moines, IA
CITY, STATE Cedar Rapids, IA	AVERAGE SALARY RANGE $44,009 - $59,076	COMPARE TO Des Moines, IA

See salaries for LOAN OPERATIONS SPECIALIST in locations close to Des Moines, IA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Des Moines, Iowa

Des Moines (/dɪˈmɔɪn/ (listen)) is the capital and the most populous city in the U.S. state of Iowa. It is also the county seat of Polk County. A small part of the city extends into Warren County. It was incorporated on September 22, 1851, as Fort Des Moines, which was shortened to "Des Moines" in 1857. It is on and named after the Des Moines River, which likely was adapted from the early French name, Rivière des Moines, meaning "River of the Monks". The city's population was 217,521 as of the 2017 population estimate. The five-county metropolitan area is ranked 89th in terms of population in ...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The LOAN OPERATIONS SPECIALIST job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Des Moines, IA that might be a good fit for the type of job and salary you are looking for.

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44616

59891

About Des Moines, Iowa Des Moines (/dɪˈmɔɪn/ (listen)) is the capital and the most populous city in the U.S. state of Iowa. It is also the county seat of Polk County. A smal....More

Des Moines, Iowa area prices were up 0.8% from a year ago

LOAN OPERATIONS SPECIALIST Salary in popular cities: Cedar Rapids, Davenport, Sioux City

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