Loan Assistant

Star Bank is hiring a Loan Assistant for its office in Bertha, MN. The work environment is both friendly and professional - a great place to develop and grow your skills!

The position of Loan Assistant is responsible for assisting the Loan Department in performing various duties and special projects related to new and existing loan customers. The position of Loan Assistant is required to be fully knowledgeable and skilled in all areas of servicing loans and is expected to be a resource to the office and its staff as it relates to bank procedures and customer service.

Summary of Job Responsibilities: 

• Performs all related duties to support the Loan Department in the management of customer loans.
• As needed, run credit reports, pull flood determinations, order appraisals and title work, and conduct account research.
• Assists lending officers in the preparation of pre-funding worksheets, HMDA data collection, loan documentation checklists and any the use of any outside resources such as the Military Lending Account, and Geocoding, etc. that is necessary to properly submit a loan package to the Loan Processing department.
• Prepares appropriate loan disbursement entries (cashiers checks, deposit, wire transfer, etc.) on signing date and according to loan disbursement instructions provided by Lender.
• Remit payments to third party vendors including appraisers, insurance companies, and title insurance companies.
• Responsible for collateral perfection including recording mortgages, UCCs, CNS filings, titled units, etc. 
• Monitors and maintains customer loan files.
• Monitors and maintains the loan tickler system. The tickler system is used to track and ensure customer financial information is current and all loan collateral is secured. Items tracked include but is not limited to: mortgages; title policies; UCCs; lien cards; collateral insurance; customer financial statements; etc.   
• Doc imaging of complete loan files.
• Processing of loan payoff requests, loan payoffs, and loan payments.
• Monitor loan payoff report and ensure all necessary steps are completed to close out the loan.  Release any loan collateral at the direction of the lender responsible for that account relationship.
• Prepares routine letters, reports, and forms.
• Provides support to all areas of the office where service or assistance is needed.
• Provides excellent customer service in regards to customer deposit account balances, loan balances, and payoff requests.
• Maintains adequate supplies in loan support area: fills copiers, fax and printers with paper and ink as needed; and monitors customer access areas and bank lobby to ensure relevance and timeliness of marketing materials and publications.
• Provides support to all areas of the office where service or assistance is needed.

Skill / Knowledge Requirement:

• Must stay abreast of banking rules and regulation.
• Keen attention to detail and accuracy.
• Remain apprised of iCore system functionality
• Attend department meetings and training sessions as required.

NOTE:

1. This position description in no way states or implies that these are the only tasks to be performed by the incumbent occupying this position.  The incumbent will be required to follow any other instructions and to perform any other position-related duties.
2. Requirements are representative of minimum levels of knowledge, skills, and/or abilities.  To perform in this position successfully, the incumbent will possess the abilities and aptitudes to perform each task proficiently.
3. Ability means to possess and apply both knowledge and skills.
4. This position description has excluded the marginal or peripheral functions that are incidental to the performance of primary functions.  All requirements are essential to the function of the position.
5. This position description describes the minimum selection requirements to qualify for the position.  However, promotion and other employment decisions are also based on Bank needs, being in good standing, fully-competent performance, and other nondiscriminatory issues.
6. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities.
7. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees.
8. This position description does not create an employment contract, implied or otherwise, other than an “at-will” employment relationship.
9. Regular attendance is required.

Star Bank is an Equal Opportunity Employer of women, minorities, veterans, and individuals with disabilities. 

ALL APPLICANTS MUST UPLOAD A RESUME AND COVER LETTER TO APPLY. MUST BE IN WORD, PDF, OR JPG FORMAT ONLY.