Loan Assistant Jobs

Assist Commercial Team with various administrative duties. Responsible for administering, closing and servicing consumer, residential and commercial loans. Assist loan officers with activities such as extension of new and renewed loans. Obtain credit information and ensure sufficiency of loan collateral.

Principal Accountabilities

• Research geocoding.
• Processes correspondence, files, records, and performs other specific duties for Commercial Team.
• Review and balance loan documents and transactions.
• Provide quality customer service to internal and external customers.
• Order loan documents pertaining to new/renewed loans based on Loan Memorandum requirements.
• All other duties as assigned
• Perform OFAC check and prepare Patriot Act forms for new loan clients prior to loan closing.
• Provide follow-up review of loan documents to clear Loan Monitor exceptions (i.e. financial statements, tax returns, hazard insurance, UCC financing statement, A/R aging, title insurance policies, recorded documents).
• Monitor draws, notice to owner, and partial/final lien waivers on construction loans.
• Coordinate the ordering of surveys, pest inspections, title searches, UCC searches, environmental radius reports, flood certificates, tax services, OFAC, census track, credit bureau reports, and payment books (if applicable) with Doc Prep and Loan Operations.
• Maintain workflow and customer/lender requests in the absence of supervisor.
• Coordinate collateral release as needed with Loan Operations.
• Assist the loan officer by preparing credit information using Credit Quest
• Order documents and monitor letters of credit.
• Prepare checks and make appropriate general ledger entries for draws and disbursements.
• Obtains additional information, as needed, to complete files.

Other Skills/Qualifications

• Must be able to maintain confidentiality of customer and employee information.
• Must be able to work at a faster than average pace and able to multi-task.
• Must have the ability to perform mathematical calculations necessary to execute the duties of the job.
• Must be well-organized, accurate, and attentive to detail.
• Must stay abreast of department and company policies/changes and be adaptable to those changes.
• Must be a self-starter and able to work independently.

PHYSICAL DEMANDS

No unusual physical demands required for this job. Must be able to do sedentary work. May occasionally lift up to 25 pounds to perform job. 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Position may require the ability to work before or after normal business hours to attend various employee meetings, training sessions, and community events supported by the Bank, to include evenings and weekends.

WORK ENVIRONMENT

Must be accustomed to professional, business office environment in manner and dress. Must demonstrate excellent human relation skills with customers and bank associates.

DIMENSIONS REQUIRED:

• Two years prior experience preferred.
• Requires knowledge of office practices, procedures and general office machines.
• Requires High School Diploma or GED, two-year degree preferred, or equivalent work experience in related field.
• Must have good knowledge of business English, spelling and punctuation
• Requires strong knowledge of personal computer, Microsoft Office or other software used in department
• Must be able to prepare documents and compose business letters and memorandums