What are the responsibilities and job description for the Loan Officer Assistant position at Southern Bank and Trust Company?
This position will provide all branch lending officers (retail and commercial) with a high level of administrative support to insure that all branch loans are closed and booked according to Bank policy, and in a timely and compliant manner. Responsibilities will include direct contact with loan customers, insurance agents, attorneys and others involved in loan closing and servicing to facilitate an efficient process flow.
Specific Job Functions (Duties/Responsibilities):
- Per lender intent, originate and process loan documentation for commercial, retail, mortgage, equity line and all other Bank open-end credits.
- Work closely with the Loan Officer and the customer from the start of the loan process to the closing of the loan.
- Prepare any attorneys’ letters and coordinate loan closing with attorney.
- Deliver and pick up loan closing packages when needed.
- Handle the loan disbursements with the Loan Officer’s approval.
- Prepare pertinent loan documents from final CCUS.
- Handle all credit insurance including flood insurance.
- Have a working knowledge of current regulations and Bank loan policies.
- Assist the loan officer(s) in keeping all operation and documentation requirements current.
- Monitor and advise when credits mature and process any renewals as approved by the Loan Officer.
- Contact the customer for any future required credit documentation upon discussion with the Loan Officer.
- Assist the Loan Officer(s) with the preparation of letters relative to the collection and/or maintenance of an account.
- Address customer concerns with Loan Officer(s), research issues and address customer needs as required.
- Perform other duties as assigned.