Loan Administrator

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.

Position can be located in either Sioux Falls, SD, or Sisseton, SD.

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.

Experience

• 2 year(s): Loan Administration Experience

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)