Contracts Administrator jobs in Watertown, SD

Who we are

We are a family-owned bank committed to providing exceptional service and innovative banking solutions while making a difference in the communities we serve. We take great pride in the relationships we built and the lives we impact. We offer the strength of a big bank combined with local decision-making and hometown involvement, setting our community bank apart from the rest.

Our mission

Our mission is to support the financial goals of individuals and businesses in the communities we call home by offering every person a better banking experience.

Our values

• Passion: We have an unrelenting drive to be great. Quality service is our #1 priority.
• Commitment: We do not shy away from accountability. We together as a team and embrace the spirit of service.
• Leadership: We are competitive leaders in our markets and a go-to source for finance and lending.
• Community: We’re proud to support each other and our local communities. We win when our customers win.

To learn more about us, visit www.firstsavingsbanks.bank

About the role

The Loan Administrator provides administrative support to loan officers. This role is responsible for performing general record keeping and clerical functions. 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.

What you will do

• Review and process loan applications, ensuring completeness and accuracy of all required documentation.
• Prepare and maintain loan documentation, including promissory notes, security agreements, and collateral documents.
• Verify insurance requirements are correct and up-to-date.
• Ensure that all documents are properly executed and compliant with regulatory requirements.
• Monitor and track loan files to ensure they are up to date with relevant information, commercial loan covenants, and compliance requirements.
• Maintain the file monitoring system (Tickler Reports).
• Assist in the preparation of loan disbursements and payments, maintaining accurate records throughout the loan cycle.
• Maintain open and clear communication with customers, providing assistance and responding to inquiries.
• Collaborate with lending officers, credit analysts, and other departments to facilitate the loan origination and servicing processes.
• Other duties as assigned.

What you will need

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

What we offer

• Health Insurance
• Dental Insurance
• Vision Insurance
• Paid Vacation, Sick, and Holiday time
• A competitive 6% 401k match
• And more!

Candidate must pass a pre-employment screening including credit history and criminal record check.

Our company provides equal employment opportunities (EEO) to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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)