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First Western Bank is Hiring a Loan Administrator I Near Fargo, ND
- Paid Vacation, Sick and Holidays
- Health Insurance
- Dental Insurance
- Vision Insurance
- 401k with matching contributions
- Volunteer Paid Time Off
- Banking Benefits
- And more!
- Obtain information related to the commercial and ag loan origination process including: ordering appraisals, environmental reports, credit reports, customer identification verifications, Uniform Commercial Code (UCC) searches, business entities searches, insurance information, flood certificates and various other items
- Prepare, type and process materials required for loan closing, statements, checks, escrow letters, journals, etc.
- Order preliminary title policies, attorney preliminary title opinions and update abstracts for loan commitments and review with loan officer
- Prepare commercial and agricultural loan documents including but not limited to notes, security agreements and guarantees according to processing guidelines
- Complete UCC filings, continuations and terminations
- Obtain customer signatures on appropriate loan documents
- Assist with preparation of Regulation Z, settlement statements and loan statistic sheets
- Issue checks for loan payouts and process lien waivers
- Process advances and loan payments
- Provide customers loan and repayment schedules as requested
- Maintain loan file documentation, type comments, and enter loan data in computer system
- Prepares and submits loan documentation order packages
- Assists the loan officer with the loan closing process as needed; may review loan documents, make customer copies, and may facilitate signing of loan documents
- Completes the post-closing processes for the loan such as requesting boarding, funding the loan and disbursing fees, paying loan invoices, updating the loan file, ensuring second HMDA review occurs, lien perfection, setting loan ticklers, and ordering final loan related searches and reviews
- Associate’s degree in business, finance, accounting or the equivalent in related work experience
- Previous experience in banking, lending products or services, and documentation preferred
- Experience with managing files, loan documents and records
- Knowledge of administrative, clerical procedures and accounting principles preferred
- Proficient computer skills required; Microsoft Office and bank loan software programs preferred
Job Summary
Full Time
Banking
$51k-66k (estimate)
06/06/2024
08/05/2024
firstwestern.com
MAGAZINE, AR
50 - 100
1910
SHARON RICHARDSON
$10M - $50M
Banking
Related Companies
The job skills required for Loan Administrator I include Loan Origination, Microsoft Office, Credit Reports, Computer Systems, Loan Review, Accounting, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Administrator I. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Administrator I. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Administrator I positions, which can be used as a reference in future career path planning. As a Loan Administrator I, it can be promoted into senior positions as a Group/Region Manager I (Commercial Loans) that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Administrator I. You can explore the career advancement for a Loan Administrator I below and select your interested title to get hiring information.
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