Loan Assistant II

Description:

For more information and/or to apply, please visit our careers page at: my100bank.com/careers

GENERAL DESCRIPTION OF POSITION
Primarily responsible for assisting commercial lenders. Verify, compile, and complete loan application. In addition, this position will prepare new loan requests to submit to loan processing, review the loan file to verify that data is complete and meets established standards. Process documentation of loans and extensions. Close loans and prepare for booking. Compute payment and interest. Handle telephone inquiries promptly and professionally.

ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Review completed LOM for accuracy. This duty is performed daily, about 5% of the time.

2. Order supporting documentation. This duty is performed daily, about 10% of the time.

3. Submit LOM to loan ops. This duty is performed daily, about 10% of the time.

4. Perform pre-funding review. This duty is performed daily, about 15% of the time.

5. Close loan if needed / Fund Loan. This duty is performed daily, about 10% of the time.

6. Prepare loan package for shipping and booking. This duty is performed daily, about 15% of the time.

7. Pull maturity and past due reports. This duty is performed daily, about 5% of the time.

8. Inform officer of required documentation for loan renewals. This duty is performed daily, about 5% of the time.

9. Prepare basic Loan Offering Memorandum. This duty is performed daily, about 5% of the time.

10. Assist in clearing collateral / credit exceptions. This duty is performed daily, about 5% of the time.

11. Process draw requests / loan payments / transfers. This duty is performed daily, about 5% of the time.

12. Handle loan research issues / questions. This duty is performed daily, about 5% of the time.

13. Forward documents to loan ops for scanning. This duty is performed daily, about 5% of the time.

14. Completes required BSA/AML training and other compliance training as assigned. This duty is performed annually.

15. Perform any other related duties as required or assigned.

EDUCATION AND EXPERIENCE
High school or GED, plus specialized schooling and/or on the job education in a specific skill area; e.g. data processing, clerical/administrative, equipment operation, etc, plus 2 years related experience and/or training. Or equivalent combination of education and experience.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS
Notary Public

SOFTWARE SKILLS REQUIRED
Intermediate: Word Processing/Typing
Basic: 10-Key, Accounting, Alphanumeric Data Entry, Contact Management, Database, Spreadsheet

ADDITIONAL INFORMATION
-Previous loan or loan documentation experience
-Good understanding of financial institution products and services
-Time management: the ability to organize and manage multiple priorities
-Excellent proof-reading skills and attention to detail
-Strong team player
-Basic computer proficiency

For more information and/or to apply, please visit our careers page at: my100bank.com/careers

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