What are the responsibilities and job description for the Business Banking Loan Servicing Representative position at MidWestOne Bank?
Overview
Small enough to care. Big enough to deliver.
The Business Banking Loan Servicing Representative provides administrative and clerical support for commercial bankers for all Business Banking Credit Center loans.
Responsibilities
- Establishes electronic commercial loans files for commercial bankers.
- Requests and reviews CIP documentation, credit reports, escrow, abstracts, title opinions, appraisals, and flood certifications.
- Requests and reviews hazard and flood insurance policies and determines proper coverage.
- Perfection of title, liens, and mortgages and reconcilement of fees associated.
- Responsible for loan disbursement and related activities.
- Assists bankers with compliance and policy requirements.
- Performs checkback for accuracy of elevated risk documentation/security instruments.
- Inputs, updates, and reviews data/reports from the document imaging system. This includes scanning and converting file documentation.
- Be the subject matter expert in the application process in order to assist a seamless experience for our customers both external and internal.
- Performs other duties as assigned.
Qualifications
- Associates degree or equivalent combination of education and related work experience.
- One to three years of previous banking or financial institution experience required.
Created By : Compensation Range
The Perks!
- Competitive base compensation with additional performance-based incentives (incentives vary depending on role)
- Career development and continuous learning opportunities
- Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more
- 100% vested 401(k) Retirement Plan with 6% company match
- Medical, Dental, and Vision insurance
- Flex spending plan & Health savings accounts with employer contribution
- Student Loan Debt Reduction Program
- Employer provided group life insurance with option to purchase additional life insurance for you and your family members
- Employer provided long term and short term disability insurance
- Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance, and Hospital Indemnity
- Wellness Program
- Free banking services and other financial services discounts
- Take Your Dog to Work Day in June
- Employee Rally Day- a day of celebration and recognition!
RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE we aspire to create and sustain a culture of respect and belonging that is reflected in the workplace and the communities we serve.
Let's build something great, together.
