Loan Administrator

About the role

The Loan Administrator provides administrative support to loan officers. This role is responsible for performing general record keeping and clerical functions, handling loan documentation related to Commercial, Agricultural, and Consumer loans, and working in the branch in Rapid City, SD.

Responsibilities

• Reviews and processes loan applications, ensuring completeness and accuracy of all required documentation.
• Prepares and maintains loan documentation, including promissory notes, security agreements, and collateral documents.
• Verifies insurance requirements are correct and up-to-date.
• Ensures that all documents are properly executed and compliant with regulatory requirements.
• Maintains the file monitoring system (Tickler Reports).
• Aids in the preparation of loan disbursements and payments, maintaining accurate records throughout the loan cycle.
• Maintains open and clear communication with customers, providing assistance and responding to inquiries.
• Collaborates with lending officers, credit analysts, and other departments to facilitate the loan origination and servicing processes.
• Other duties as assigned.

Requirements

• Associate’s degree or greater in related field preferred.
• 2+ years banking or related experience preferred.
• Familiarity with Fiserv Premier Banking System, or other banking systems a plus.
• Strong attention to detail required.

Qualifications

Associate’s degree or greater in related field preferred. 2+ years banking or related experience preferred. Familiarity with Fiserv Premier Banking System, or other banking systems a plus. Strong attention to detail required.

Skills

N/A

Benefits

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

Pay

N/A

Schedule

N/A