Loan Assistant

3 days ago


Juneau, AK, United States First National Bank Alaska Full time

Loan Assistant - Juneau Regional Branch

Start a career with First National Bank Alaska, the *Best Place to Work in Alaska* as recognized 10 years in a row by Alaska Business magazine readers.

Loan Assistants provide support to one or more lending officers in a lead administrative capacity; compiles preliminary loan documentation.

Join our Juneau Lending Team

Salary: $21.50/hour minimum, plus 10% differential. Job/salary offered would be commensurate with experience.

Schedule: Monday-Friday

GENERAL PURPOSE SUMMARY
Assists one or more lending officers in a lead administrative capacity servicing a loan portfolio of greater than $15 million; compiles preliminary loan documentation for lending officer review and approval by performing the following essential duties and responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  1. Prepares preliminary loan packages by obtaining financial, borrower, collateral, and insurance information for officer review; acts as a liaison between officer and borrower.
  2. Provides office management and administrative services for officer by distributing and accepting loan applications, compiling, preparing, and processing loan files for approval and underwriting.
  3. Sets up, completes, and maintains loan files; closes loans and disburses proceeds; files correspondence and other records; prepares primary commercial account loan transactions independently for officer review and approval.
  4. Maintains and updates customer and collateral information in the bank's loan and deposit database system; maintains various tracking logs; assigns application and loan numbers; makes copies of documents, assists customers with loan and escrow questions, payments and payoffs, and takes messages.
  5. Composes and prepares correspondence; prepares outgoing mail and cost center bill payments.
  6. Reviews collateral and Uniform Commercial Code documentation and takes necessary steps to ensure bank's preferred lien position; processes construction loan disbursement requests.
  7. Performs other work-related duties as assigned by supervisor.
COMPLIANCE EXPECTATIONS
  • Stay up to date on relevant laws and regulations and complete all compliance training on time.
  • Knowledgeable of and comply with bank policies, procedures, laws, and regulations that apply to you and your job.
  • Maintain customer confidence and protect the bank's operations by identifying and protecting confidential information.
QUALIFICATION REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION and/or EXPERIENCE:
Minimum:
Two years' banking, lending-related, or consumer and/or commercial loan processing experience or training; or equivalent combination of education/training and experience.
Preferred: Three years' banking, lending-related, or consumer and/or commercial loan processing experience or training; or equivalent combination of education/training and experience.

OTHER SKILLS and ABILITIES:
Ability to type 45 wpm and operate a 10-key calculator. Word processing and spreadsheet software experience required; loan documentation software experience preferred; familiarity with general office equipment preferred.

LANGUAGE SKILLS:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, customers, and the general public.

MATHEMATICAL SKILLS:
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rates, ratios, interest, and percents.

REASONING SKILLS:
Ability to solve practical problems and deal with a variety of variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms. The employee is frequently required to talk and hear. The employee is occasionally required to stand; walk; stoop, kneel, crouch, or crawl.

The employee must occasionally lift and/or move up to 25 pounds. Specific vision ability required by this job includes close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

WORKING CONDITIONS
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

The noise level in the work environment is usually moderate.

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