Commercial Loan Administrative Assistant

Itasca Bank & Trust
Itasca, IL Full Time
POSTED ON 3/1/2023 CLOSED ON 5/28/2023

Job Posting for Commercial Loan Administrative Assistant at Itasca Bank & Trust

 

  

Essential Functions

  • Provide exceptional service to our customers.
  • Provide general loan servicing.
  • Provide administrative support for multiple loan officers.
  • Possess a solid understanding of the core processing system as demonstrated by the ability to accurately process monetary transactions, loan maintenance and resolve most balancing issues. 
  • Demonstrate proficiency with traditional application software programs (spreadsheet, word processing, database and scheduling) to perform required daily tasks. 
  • Manage the workflow process to ensure loan requests move efficiently through all stages.
  • Order, compile and review due diligence for new and renewed loan transactions.
  • Possess a solid working knowledge of mortgage title insurance, hazard insurance and flood insurance as it pertain to loan collateral. 
  • Possess a solid working knowledge of real estate and equipment appraisals required for loan collateral. 
  • Possess a solid understanding of the basic requirements for perfecting a security lien. 
  • Manage time effectively, prioritize work appropriately and consistently meet deadlines.
  • Produce professional and articulate written correspondence.
  • Utilize various computer programs to prepare loan documents and manage ongoing loan servicing. 
  • Protect the Bank and its customers by maintaining a high level of security awareness. 
  • Take the initiative to follow-up, escalate or seek additional resources to ensure customer satisfaction in a timely manner. 
  • Take accountability and ownership for the accuracy and quality of work. 
  • Possess a solid understanding of the most common loan reporting requirements such as HMDA and CRA as demonstrated by the ability to collect accurate data. 
  • Understand and adhere to all established company policies and regulatory requirements. 
  • Complete all required bank training and adapt concepts and procedures.
  • Maintain a professional image with a clean and uncluttered work area and organized loan files. 
  • Cross train in loan documentation

Minimum Qualifications:

  • 5 years of commercial mortgage processing experience required
  • 1-2 years of processing all the pieces from origination through servicing (application, loan processing, servicing) required
  • High School diploma or GED
  • Proficiency in office software
  • Models positive and supportive behavior
  • Effective, professional written and verbal communication
  • Delivers excellent customer service
  • Strong attention to detail
  • Strong problem solving skills
  • Professional demeanor
  • Ability to work independently but fluidly be part of a team
  • Physical requirements for the job include: seating, standing, climbing, lifting up to 5 lbs.

Work Hours: Monday – Friday 8:30a.m. – 5:00p.m. Evening and weekend work may be required as job duties demand.

Itasca Bank & Trust Co. is an Equal Opportunity and Affirmative Action employer Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.


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Salary.com Estimation for Commercial Loan Administrative Assistant in Itasca, IL
$46,943 to $60,455
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Itasca Bank & Trust
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Itasca Bank & Trust Co. is an independently owned, local community bank with locations in Itasca and Roselle. Itasca Ban...
Itasca Bank & Trust
Hired Organization Address Itasca, IL Full Time
Itasca Bank & Trust Co. is an independently owned, local community bank with locations in Itasca and Roselle. Itasca Ban...

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