Centennial Bank · 8 hours ago
Loan Assistant
Vilonia, Arkansas, United States
Full-time
Onsite
Entry Level
2+ years expCentennial Bank is seeking a Loan Assistant to support commercial lenders by managing loan applications and documentation. The role involves reviewing loan files, processing documentation, and handling inquiries to ensure efficient loan operations.
BankingFinanceFinancial Services
Responsibilities
Review completed LOM for accuracy. This duty is performed daily, about 5% of the time
Order supporting documentation. This duty is performed daily, about 10% of the time
Submit LOM to loan ops. This duty is performed daily, about 10% of the time
Perform pre-funding review. This duty is performed daily, about 15% of the time
Close loan if needed / Fund Loan. This duty is performed daily, about 10% of the time
Prepare loan package for shipping and booking. This duty is performed daily, about 15% of the time
Pull maturity and past due reports. This duty is performed daily, about 5% of the time
Inform officer of required documentation for loan renewals. This duty is performed daily, about 5% of the time
Prepare basic Loan Offering Memorandum. This duty is performed daily, about 5% of the time
Assist in clearing collateral / credit exceptions. This duty is performed daily, about 5% of the time
Process draw requests / loan payments / transfers. This duty is performed daily, about 5% of the time
Handle loan research issues / questions. This duty is performed daily, about 5% of the time
Forward documents to loan ops for scanning. This duty is performed daily, about 5% of the time
Completes required BSA/AML training and other compliance training as assigned. This duty is performed annually
The ability to work in a constant state of alertness and in a safe manner
Perform any other related duties as required or assigned
Qualification
Required
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
Ability to read and understand documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals
Ability to write routine reports and correspondence
Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization
Ability to add, subtract, multiply and divide numbers
Ability to perform these mathematical skills using money and other forms of measurement
Ability to utilize common sense understanding in order to carry out written, oral or diagrammed instructions
Ability to deal with problems involving several known variables in situations of a routine nature
Intermediate: Word Processing/Typing
Basic: 10-Key, Accounting, Alphanumeric Data Entry, Contact Management, Database, Spreadsheet
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
Preferred
Notary Public
Company
Centennial Bank
Centennial Bank offers businesses, investors, and municipalities a wide range of commercial, retail banking, and related financial services.
1001-5000 employees
H1B Sponsorship
Centennial Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2021 (1)
Funding
Current Stage
Late StageLeadership Team
Arlene Lovelace
SVP, Chief Human Resources Officer
Brandon Cass
SVP, Chief Information Security Officer
Recent News
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2024-06-05
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