Loan Assistant II (LOANA013056)

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Review completed LOM for accuracy. This duty is performed daily, about 5% of the time.
• Order supporting documentation. This duty is performed daily, about 10% of the time.
• Submit LOM to loan ops. This duty is performed daily, about 10% of the time.
• Perform pre-funding review. This duty is performed daily, about 15% of the time.
• Close loan if needed / Fund Loan. This duty is performed daily, about 10% of the time.
• Prepare loan package for shipping and booking. This duty is performed daily, about 15% of the time.
• Pull maturity and past due reports. This duty is performed daily, about 5% of the time.
• Inform officer of required documentation for loan renewals. This duty is performed daily, about 5% of the time.
• Prepare basic Loan Offering Memorandum. This duty is performed daily, about 5% of the time.
• Absorb and process collateral / credit exceptions. This duty is performed daily, about 5% of the time.
• Process draw requests / loan payments / transfers. This duty is performed daily, about 5% of the time.
• Handle loan research issues / questions. This duty is performed daily, about 5% of the time.
• Forward documents to loan ops for scanning. This duty is performed daily, about 5% of the time.
• Completes required BSA/AML training and other compliance training as assigned. This duty is performed annually.
• The ability to work in a constant state of alertness and in a safe manner.
• Perform any other related duties as required or assigned.

  QUALIFICATIONS

  • To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily.
  • The requirements listed below are representative of the knowledge, skill, and/or ability required.

    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.

            Required Certificates, Licenses, Registrations

            • Not indicated.

              PREFERRED Certificates, Licenses, Registrations

              • Notary Public

                Software Skills Required

                • Intermediate: Word Processing/Typing
                • Basic: 10-Key, Accounting, Alphanumeric Data Entry, Contact anagement, Database, Spreadsheet

                  Working Conditions

                  • Somewhat disagreeable working conditions.
                  • Continuously exposed to one or two elements such as noise, intermittent standing, walking; and occasional pushing, carrying, or lifting.

                    Environmental Conditions

                    • The noise level in the work environment is usually moderate.

                      Additional Information

                      • Previous loan or loan documentation experience.
                      • Good understanding of financial institution products and services.
                      • Time management: the ability to organize and manage multiple priorities.
                      • Excellent proof-reading skills and attention to detail.
                      • Strong team player.
                      • Basic computer proficiency.