Jobs · OTHR · Illinois

Loan Servicing Support Associate

First Mid · Mattoon, IL · 2 wk ago
OTHRFull-time

About the role

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e. bonus, incentives, and/or commission).

Responsibilities

  • Opens, reviews and disburses daily mail and courier items to the appropriate employees.
  • Reviews documentation for appropriate signatures and completeness.
  • Reviews and images properly perfected vehicle titles received within the department.
  • Assists in obtaining updated insurance information or verifying adequate coverage amounts to protect the bank’s interest.
  • Utilizes resources to identify, research and resolve routine customer issues.
  • Collaborates with loan officers and support staff to address issues with loan documentation or processes.
  • Offers resources and information to loan support staff on proper submission of documentation.
  • Provides guidance to loan support staff on proper documentation submission.
  • Images documentation by doc type and completes keyword entries to facilitate future research.
  • Reviews Appraisals and Invoices for imaging in Collateral 360.
  • Files loan documents required to be maintained in paper form in the vault.
  • Maintains loan files in an organized manner and schedules reviews for purging.
  • Conducts bi-annual audit of collateral cabinets, communicating with loan officers as needed.
  • Reviews, images, purges and assembles loan files received from acquired banks.
  • Reviews and images insurance documentation received by the department.
  • Monitors internal reports following up with the appropriate staff on missing items, adding exceptions for tracking and follow-up when necessary.
  • Maintains up to date processes and procedure documentation utilized for daily tasks.
  • Completes required training specific to job responsibility.
  • Performs peer training for daily tasks and escalated items.
  • Works scheduled hours as designated as a member of the Loan Servicing Staff.
  • Performs additional duties as assigned.

Requirements

  • High School Diploma or equivalent.
  • 2+ years of clerical or banking experience preferred.
  • Insurance experience pertaining to Commercial and Consumer customers is preferred but not required.

Skills

  • Proficient in Microsoft Office Suite.
  • Basic understanding of loan processes and the bank’s core operating system.
  • Ability to handle detailed information accurately, promptly and confidentially.
  • Capable of managing a substantial workload of varying tasks.
  • Strong interpersonal skills with the ability to interact professionally with the team and customers.
  • Excellent customer service skills.
  • Possess the ability and drive to work independently and with a team in person and remotely.
  • Knowledge of internal policies, procedures and state and federal regulations to ensure compliance.
  • Flexibility to work on a rotating Saturday schedule and adjust work hours as needed, including earlier or later than standard hours.

Benefits

  • Comprehensive healthcare.
  • Well-being benefits.
  • Paid family leave.
  • Generous paid time off.
  • Banking perks.
  • Tuition reimbursement.
  • Employee Stock Purchase Plan.
  • 401K plan with company match.

Incentives and benefits are subject to eligibility requirements.

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