Loan Administrator

First National Bank
Davenport, IA Full Time
POSTED ON 5/31/2023 CLOSED ON 1/8/2024

What are the responsibilities and job description for the Loan Administrator position at First National Bank?

Job Summary:

The Loan Administrator provides administrative support to loan officers. This position is primarily responsible for handling loan documentation related to commercial, agricultural, and consumer loans.

Job Responsibilities:

  • Assists loan officers by preparing various documents such as sending notices, preparing past due correspondence, printing reports, ordering credit bureau reports, appraisals and surveys.
  • Assist loan officers with worksheets on secondary market loans and real estate loans. Disburses secondary market loans.
  • Receives loan payments and loan information from customers, assists customers with questions, providing information about bank services, confirming loan balances, provides loan pay-offs, answers credit inquiries on loan customers, and makes loan advances upon request.
  • Maintains customer’s credit file in an orderly and accurate manner while in their possession.
  • Builds loan files after closing of deal.
  • Forwards new loans and updated documentation to Post Closing to be archived.
  • Prepare and mail signed denials to borrower and forwards original to Central Loan Processing.
  • Prepares month and quarter end reports and submits them in a timely manner
  • Works closely with Post Closing to clear branch exceptions on insurance, UCCs, financial statement, etc.
  • Prints all closing documents and prepare tickets for loan officer.
  • Responsible for placing and/or removing items from Dual Control.
  • Acts as a receptionist for the lending area. Answers phone calls, greet customers and prospective customers and directs to appropriate personnel.
  • Liaison between Mortgage center staff, Central Loan Processing and Loan Officer.
  • Actively cross-sells bank related products in a professional manner and processes customers transactions as needed.
  • Help ensure policies under areas of responsibility are up to date.
  • Performs other duties as assigned.

Job Qualifications:

  • Associates degree or greater in related field preferred
  • 2 years related experience preferred.
  • Familiarity with Navigator Banking system, LaserPro, or other banking systems a plus.
  • Attention to detail necessary in role.

This position will give you an opportunity to join a progressive, growing banking organization that offers a competitive salary and a competitive benefits package including paid holidays, vacation, medical insurance, dental insurance, cafeteria plan and 401 (K) plan. Successful applicant must pass pre-employment screening including credit history and criminal record check.

Job Type: Full-time

Pay: $19.00 - $25.00 per hour

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • 8 hour shift
  • Monday to Friday

Work Location: In person

Salary : $19 - $25

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