Loan Assistant II (LOANA013539)

Loan Assistant II

The Loan Assistant II is responsible for assisting commercial lenders. This position verifies, compiles, and completes loan application. The Loan Assistant II prepares new loan requests to submit to loan processing, reviews the loan file to verify that data is complete and meets established standards. This position processes documentation of loans and extensions, closes loans and prepares for booking, computes payment and interest, and handles telephone inquiries promptly and professionally.

Essential Duties And Responsibilities :

• Review completed LOM for accuracy.
• Order supporting documentation.
• Submit LOM to loan ops.
• Perform pre-funding review.
• Close loan if needed / Fund Loan.
• Prepare loan package for shipping and booking.
• Pull maturity and past due reports.
• Inform officer of required documentation for loan renewals.
• Prepare basic Loan Offering Memorandum.
• Assist in clearing collateral / credit exceptions.
• Process draw requests / loan payments / transfers.
• Handle loan research issues / questions.
• Forward documents to loan ops for scanning.
• Completes required BSA / AML training and other compliance training as assigned.
• The ability to work in a constant state of alertness and in a safe manner.
• Perform any other related duties as required or assigned.

Education And Experience :

High school or GED, plus specialized schooling and / or on the job education in a specific skill area; e.g. data processing, clerical / administrative, equipment operation, etc, plus 5 years related experience and / or training, or equivalent combination of education and experience.

Communication Skills :

Ability to read and understand documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals; Ability to write routine reports and correspondence. Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization.

Mathematical Skills :

Ability to add, subtract, multiply and divide numbers. Ability to perform these mathematical skills using money and other forms of measurement.

Critical Thinking Skills :

Ability to utilize common sense understanding in order to carry out written, oral or diagrammed instructions. Ability to deal with problems involving several known variables in situations of a routine nature.

Environmental Conditions :

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

Physical Activities :

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations. Semi-repetitive, low physical. Semi-repetitive type work which requires periods of concentration for varied time cycles as prescribed by the tasks. While performing the functions of this job, the employee is frequently required to sit, use hands to finger, handle, or feel, talk or hear; and occasionally required to stand, walk, reach with hands and arms, climb or balance, stoop, kneel, crouch, or crawl. The employee must occasionally lift and / or move up to 25 pounds; frequently lift and / or move up to 10 pounds. Specific vision abilities required by this job include close vision; distance vision; color vision; and ability to adjust focus.

Additional Information :