Posted 1w ago

Loan Administration Associate

@ Ohnward Bancshares
Cascade, Iowa, United States
OnsiteFull Time
Responsibilities:Board loans, Process changes, Disburse funds
Requirements Summary:High school diploma required; banking/loan processing experience preferred but not required; training provided.
Technical Tools Mentioned:FIS, imaging system, bank systems
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Job Description

To apply for this position, go to our website Ohnward Bancshares, Inc.   

www.ohnward.com 

  • About Us 

  • Careers 

  • Apply Now  

 

POSITION SUMMARY

Ohnward Bank & Trust is seeking a detail-oriented and team-focused Loan Administration Associate to support our lending operations across all locations. This position plays a key role in loan servicing and administration while working collaboratively with lenders, branch staff, and fellow loan administration team members to deliver accurate, timely, and high-quality service to our customers. The ideal candidate values teamwork, contributes positively to workplace culture, and takes pride in supporting both internal operations and the communities we serve. 

 

KEY ORGANIZATIONAL RELATIONSHIPS  

  • Reports to Loan Operations Manager. 

  • Works closely with Lenders, other departments, vendors and services.  

 

DUTIES AND RESPONSIBILITIES

Essential Duties and Responsibilities 

To perform this job successfully an individual must be able to perform each essential duty satisfactorily.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.    

 

  • Board new loans to FIS and upload loan documents, including e-signed documents, to the imaging system 

  • Process Changes in Terms and other loan maintenance requests for all locations 

  • Disburse new loan funds and process loan advances and payments 

  • Post loan payments received by mail and assist with payment and advance posting for the Cascade office as needed 

  • Participate in department rotations to: 

  • Audit newly boarded loans and loan maintenance  

  • Balance daily loan control  

  • Prepare and distribute loan payment and past-due notices to lenders  

  • Scan and upload loan, credit, and collateral documentation into the imaging system  

  • Manage the document imaging system, checking reports, and ensuring file completeness  

  • Learn and assist with monitoring customer escrow accounts, including disbursement of funds for insurance premiums and real estate taxes and updating escrow changes in FIS 

  • Assist on the teller line as needed, primarily during Friday evening and Saturday morning rotations 

  • Work collaboratively with coworkers across departments to ensure efficient loan operations and strong internal controls 

  • Participate in Bank-sponsored community events and activities to help promote Ohnward Bank & Trust and strengthen community relationships 

  • Perform other related duties as assigned 

 

 

SKILLS AND ABILITIES  

To perform this job successfully, an individual should demonstrate the following knowledge, skills, and abilities.  

 

  • Strong attention to detail with a high level of accuracy and organization  

  • Ability to work effectively as part of a team and contribute to a positive, respectful, and collaborative work environment  

  • Strong communication skills and a willingness to assist coworkers across departments  

  • Commitment to maintaining strong internal controls, ethical standards, and confidentiality  

  • Ability to manage multiple tasks in a fast-paced environment 

  • Basic math, accounting, and computer skills; ability to learn bank systems and procedures  

  • Customer-focused mindset with a professional and positive attitude  

  • Willingness to support community involvement and represent the Bank positively 

 

EDUCATION AND EXPERIENCE   

  • High school diploma or equivalent required.   

  • Prior banking, loan processing, or clerical experience preferred but not required; training will be provided

 

 

BENEFITS

Stakeholder Bonus 

Health Insurance 

Dental Insurance 

Retirement Plan (401k) – 3% Safe Harbor Contribution + Discretionary Contribution 

10 Observed Holidays 

PTO 

Group Term Life provided 

Short Term Disability - 100% provided by company 

Long Term Disability 

Maternity/Paternity Leave – 100% of pay 

Community Involvement 

Pay-It-Ohnward – Company Giving Program 

Grilling for Charity – Community Donations 

Thank God Its Monday (TGIM) Company Event                    

 

 

To apply for this position, go to our website Ohnward Bancshares, Inc.   

www.ohnward.com 

  • About Us 

  • Careers 

  • Apply Now  

 

Equal Opportunity Employer