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Loan Assistant II

at Centennial Bank in Conway, Arkansas, United States

Job Description

GENERAL DESCRIPTION OF POSITION

The Loan Assistant II is primarily responsible for assisting commercial lenders.  Verify, compile, and complete loan application.  In addition, this position will prepare new loan requests to submit to loan processing, review the loan file to verify that data is complete and meets established standards.  Process documentation of loans and extensions.  Close loans and prepare for booking.  Compute payment and interest.  Handle telephone inquiries promptly and professionally.

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.
  • Assist in clearing 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.

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Job Posting: 3563658

Posted On: Sep 30, 2022

Updated On: Oct 30, 2022