Loan Operations Specialist

    Job Description

Community Bank Owatonna is seeking a loan processor to join our staff. This individual will be a member of the loan department, reporting directly to the Cashier/Compliance Officer. The exact title and salary offered will be commensurate with the selected candidate’s previous banking experience and educational background.

Primary Functions:

  • Generate relevant loan documents and review for completeness and accuracy.
  • Input new loans into the bank’s core processing computer system.
  • Review new loans and make corrections as needed in the bank’s core processing system.
  • Maintain highly organized loan files, ensuring the presence of all required documentation.
  • Follow up as needed with lenders, customers, and outside vendors to obtain all relevant and required file documentation.
  • Communicate frequently with loan department staff to ensure a smooth workflow throughout the lending process.
  • Accurately and efficiently process customer loan payments.

    Education & Experience

  • High school diploma required/some college preferred.
  • Real estate loan processing knowledge strongly preferred.
  • 2 years of relevant bank experience required/5+ years strongly preferred.
  • Excellent verbal and written communication skills required.
  • Ability to work independently with minimal supervision required.
  • Willingness to work cooperatively and within a team environment required.
  • Strong organization, time management, and multitasking skills required.
  • Ability and willingness to maintain confidentiality of privileged information required.
  • Strong computer skills with knowledge of various software programs required.


Community Bank Owatonna is a locally owned and operated $70 million bank that opened in 2003. The bank has a single location and is proud to be the only bank chartered in Owatonna. Community Bank Owatonna has a strong and experienced management team, is well-capitalized, and is poised for future growth. To learn more about us please visit

Owatonna (population 25,773) is a steadily growing community located in southern Minnesota that serves as the county seat of Steele County (population 36,805). The community is located one hour south of Minneapolis/St. Paul and is served by Interstate 35, US Highway 14, and US Highway 218.

    How to Apply

If you are interested please send your resume, cover letter, and salary requirements to:

Community Bank Owatonna
640 Bridge Street
Owatonna, MN 55060
% Jeremy Wildeman, Cashier/Compliance Officer

Or Email:

Community Bank Owatonna
640 W Bridge St Owatonna, MN 55060-2702

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