First State Bank & Trust · 1 day ago
Commercial Banking Loan Assistant
Tonganoxie, KS
Full-time
Onsite
New Grad, Entry LevelFirst State Bank & Trust is a community bank with locations in northeast Kansas, and they are seeking a Commercial Loan Assistant to support the administration and processing of commercial loans. The role involves maintaining accurate loan files, coordinating documentation, assisting with loan closings, and providing high-quality service to customers and co-workers.
BankingCommunitiesFinancial Services
Responsibilities
Provide exceptional customer service at all times and collaborates effectively with team members and departments to achieve bank goals
Serve as a contact for new and existing commercial loan customers, responding to inquiries, scheduling appointments, and providing general loan information
Contact loan applicants to obtain required documentation and follow up on missing or incomplete information. This may include credit reports, financial statements, background checks, references, collateral reports, and other materials relevant to loan evaluation and file
Respond to borrower inquiries regarding loan renewals, extensions, rate adjustments, and payoff requests
Process loan advances and disburses loan proceeds to customers and applicable third parties
Completes loan processing worksheets and real estate closing statements
Work closely with the Loan Operations Department to coordinate the preparation of loan documents
Review loan documentation prior to closing to ensure required documents are present and that the documents accurately reflect the intended terms and structure of the loan
Has ability to close all loans with borrowers and ensures all required documents are properly executed and, if applicable, that all federal disclosure requirements are met
Ensures that all exceptions are collected from the proper sources and forwarded to correct department, This includes report review and follow up with Commercial Lender/s, borrowers, and other parties to resolve outstanding items
May assist with paid note checklists, UCC lapse research, lien releases, and adverse action documentation
Notarize documents when requested
Prepares payoff quotes/letters as requested
Respond to internal inquiries related to loan payment processing, documentation, wire transfers, loan participation payments, and document tracking
Bundle, image, and file loan documents in accordance with established procedures and checklists
Assist with Loan Review activities and serve as a point of contact for Loan Review Officers or external auditors when requested
Effectively manage multiple priorities and support multiple Commercial Lenders simultaneously
Qualification
Required
Prior commercial lending exposure and banking experience
Detail-oriented
Customer-focused
Ability to manage multiple priorities
Exceptional customer service skills
Ability to collaborate effectively with team members and departments
Ability to respond to inquiries and provide general loan information
Ability to contact loan applicants to obtain required documentation
Ability to process loan advances and disburse loan proceeds
Ability to complete loan processing worksheets and real estate closing statements
Ability to review loan documentation prior to closing
Ability to close all loans with borrowers and ensure all required documents are properly executed
Ability to collect exceptions from proper sources and forward to correct department
Ability to assist with paid note checklists, UCC lapse research, lien releases, and adverse action documentation
Ability to notarize documents when requested
Ability to prepare payoff quotes/letters as requested
Ability to respond to internal inquiries related to loan payment processing
Ability to bundle, image, and file loan documents in accordance with established procedures
Ability to assist with Loan Review activities
Ability to effectively manage multiple priorities and support multiple Commercial Lenders simultaneously
Company
First State Bank & Trust
First State Bank & Trust is a community bank based in Kansas.
Founded in 1934
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Jilinda White
EVP/Vice Chair
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