Commercial Loan Assistant - Cedar Falls, IA

Job Requirements

• Assist with preparing loan packages, gathering financials, credit reports, and supporting documentation.
• Review loan files for completeness and accuracy.
• Cook with borrowers, attorneys, title companies, and internal departments to facilitate loan processing and closing.
• Track loan pipeline activity and maintain updated records in loan management systems.
• Prepare and process loan documentation, modifications, renewals, and extensions.
• Ensure loan documentation and processing adhere to lending guidelines, compliance standards, and established timelines.
• Respond to client inquiries and provide ongoing support.
• Assist with post-closing tasks, including document filing and collateral tracking.
• Manage electronic customer loan files, including tracking, monitoring, and following up on missing, expired, or outstanding ticklers and exceptions.
• Monitor existing loans to ensure ongoing compliance with approved credit terms, documentation requirements, and internal policies.
• Process a variety of loan transactions, including funding, advances, payments, fees, and payoffs, ensuring accuracy and compliance with internal policies and regulatory requirements.
• Complies with internal controls, operational procedures and risk management policies.
• Represent Lincoln Savings Bank in a professional and positive manner in all duties, including active participation in civic, community, and networking events to foster strong relationships and enhance the Bank’s community presence.

Necessary Skills and Attributes

• High school diploma or equivalent
• 1-3 years of prior loan administration, banking, or related financial services experience preferred
• Excellent written, verbal, and interpersonal communication skills
• Proficiency in Microsoft Office applications, including Outlook, Word, Excel, and PowerPoint
• Strong organizational skills, attention to detail, and ability to manage multiple priorities in a fast-paced environment