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Loan Administrator

2 months ago


Mountain Iron, United States B2 Bank National Association Full time
Job DescriptionJob Description

JOB TITLE:              Loan Admin                     

CATEGORY:           Full Time

DEPARTMENT:      Lending                                 

SHIFT:                       M – F 8:00 – 5:00

REPORTS TO:         President of Community Banking   

DATE:               June 13, 2024

 FLSA STATUS:        Exempt

 

SUMMARY

 

The position of Lending Assistant is responsible for providing administrative support to the Senior Loan Officers and other Loan Officers.  This person is responsible for gathering and compiling data, collecting loan files for internal staff, scans and copies materials, maintains files, issues correspondence, and promotes business for the Bank by maintaining excellent customer relations.

 

This position requires compliance with all Bank policies and procedures and with all applicable state and federal banking regulations.

 

 

ESSENTIAL DUTIES

 

Performs professional administrative support in greeting customers, answering telephones, taking messages and providing information related to loan status, payoff, balances, etc.

 

Accurately and efficiently supports the lending function by preparing loan worksheets and ordering required documentation, such as credit reports, title and lien searches, surveys and title insurance commitments.

 

Collects loan files for staff members.  May run credit reports and assist in scanning documents.

 

Assembles loan proposal packets for lending officer’s submission to loan committee.  Prepares letters, memos and reports.

 

Assists in processing new and renewed loans to include talking with customers, generates loan documentation, orderings documents, meeting with customers to close the loan, funding loan, collecting related fees and recording related collateral documents.  Reviews documentation to ensure accuracy of loan transactions.

 

At officer direction, reviews and determines appropriate action related to insufficient funds items, immediate credit decisions and check cashing approval.

 

Records collateral and financial information to promptly clear exceptions.

 

MINIMUM REQUIREMENTS

 

High school diploma or equivalent experience.

 

Minimum of 2 years working experience as a Lending Assistant.

 

Strong knowledge of consumer, commercial, and real estate loan documentation.

 

Intermediate knowledge of related state and federal banking compliance regulations and Bank lending policies and procedures.

 

Must be very detailed and possess strong organizational and time management skills.

 

Must have excellent oral and written communication skills.

 

Courteous social skills to welcome visitors.

 

Proficient skills in MS Word, Excel, and Outlook.

 

Ideal candidate has experience with Fiserv Premier Products, including Navigator. 

 

PHYSICAL REQUIREMENTS

 

Office setting with moderately varied desk-oriented activity. They may experience eye and muscle strain, backaches, headaches. Repetitive movement of fingers, wrist and hand motion could cause injuries as a result of using computers on a daily basis. Administrators may have to sit for extended periods while talking on the phone and reviewing detailed data with fatigue being relieved by opportunities to stand and move around in a comfortable environment.

 

NOTICE

 

This job description in no way states or implies that these are the only tasks to be performed by the incumbent occupying this position. The incumbent will be required to follow any other instructions and perform any other job-related duties.

 

Requirements are representative of minimum levels of knowledge, skills, and /or abilities.  To perform in this position successfully, the incumbent will possess the abilities and aptitudes to perform each task proficiently.

 

This job description describes the minimum selection requirements to qualify for the position. However, promotion and other employment decisions are also based on Bank needs in good standing, fully competent performance, and other non-discriminatory issues.

 

All requirements are subject to possible modification to reasonably accommodate individuals with disabilities.

 

Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees.