This Commercial Loan Processing Specialist position has primary responsibility for supporting the commercial loan officers, ensuring that all notes and supporting loan documents are properly created and completed according to current policy, governmental, auditing, and loan review standards. Making changes to the bank control, loan control maintenance system, and overseeing work through input-output editing processes.
ESSENTIAL FUNCTIONS
- Prepare or oversee the preparation of all loan documents required on new notes, renewals, and extensions with minimal errors.
- Assist in the daily workflow of the department.
- Review Note Teller daily edits using supporting reports and signing off per FIDICIA requirements.
- Change loan rate indexes – prepare rate sheets and distribute accordingly to all of Commercial Lending.
- Maintain a thorough understanding of loan products and services and industry best practices
- Ability to train and explain complex loan structure, systems, processes and terms into a clear and understandable way
SECONDARY TASKS
- Request various Credit Bureau, Flood Determinations and AVMs reports.
- Backup scanning/editing for ImageCentre.
- Answer incoming calls and assist customers.
- Special projects as assigned by Supervisor.
Required for this position: Strong analytical and problem resolution skills. Excellent attention to detail, general understanding of accounting and balancing, ability to identify missing items, advanced organizational skills, ability to work under deadlines, independent thinking, self-motivation, strong oral and written communication skills.
EDUCATION AND EXPERIENCE:
- 4 year college degree in Finance, Banking, or related work experience
- 5 years’ experience creating commercial loan documents within several loan types and increased complexity levels
- 5 years professional office experience
- Proficient in Microsoft Office Suite or similar software
- Thorough understanding of regulations required for proper loan processing
- Accounting experience
HOURS: Regular business hours, Monday through Friday.
BENEFITS: We offer a comprehensive benefit package to our employees including medical, dental, vision, short and long term disability, life insurance, paid time off, a wellness program, and a 401(k) savings plan at hire for future financial protection.
ABOUT SECURITY NATIONAL BANK:
Security National Bank was chartered in 1884 in Sioux City, Iowa; founded on the time-tested principles of integrity, honor, open-mindedness, efficiency, good humor, respect, duty, and human connection. These principles served as guideposts that enabled SNB to withstand the economic panic of the late 1800s, the Great Depression, two World Wars, and the farm crisis — and emerge as the region’s most established and trustworthy locally owned bank. We believe what was worth doing well yesterday is still worth doing well today. People change and banking changes, but our time-tested principles remain. To this day, we believe that doing what’s right is the only way to take care of customers, empower businesses, cultivate growth, inspire our community, and accomplish the remarkable.
Security National Bank is an Equal Opportunity, Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, marital status, or veteran status.
LEARN MORE:
https://www.snbonline.com/mattertoday
LOCATION:
Sioux City, IA
Main Bank