Loan Assistant - Bentonville

Responsibilities

• Process Loan Applications: Review incoming files for accuracy and completeness, ensuring all required documentation meets bank and regulatory standards.
• Customer Relationship Management: Act as the primary point of contact for borrowers, providing status updates and resolving inquiries throughout the lending cycle.
• Career Development: Coordinate closing logistics by liaising with title companies, attorneys, and insurance agents to schedule closings and ensure all conditions are met.
• Prepare Loan Documentation: Generate and organize legal loan packages, including notes, mortgages, and disclosure statements.
• Portfolio Maintenance: Manage post-closing tasks such as filing UCC statements, monitoring insurance expirations, and tracking financial reporting requirements.
• Lien & Collateral Management: Perform lien searches and ensure the proper perfection of collateral to protect the institution's interests.
• Data Integrity: Input and maintain loan data within the core banking system to ensure accurate reporting and billing.
• Compliance Oversight: Identify and resolve documentation exceptions to maintain audit readiness and adherence to federal lending laws.

Qualifications

• High school diploma or equivalent (GED)
• 1 or more years of loan assistant experience
• Current driver's license and a vehicle with appropriate insurance coverage if required to drive while performing assigned duties and responsibilities
• Ability to perform the essential functions and physical demands of the job as listed in the Full Job Description attachment