Agri-Business Banking Specialist

First Bank & Trust • Milbank, SD

1d

About The Position

This person is responsible for providing administrative support to the Agri-Business Bankers throughout the loan process.

Requirements

• This person should have an associate degree and 2 years of relevant experience, or the equivalent.
• This person should exhibit knowledge of banking concepts, practices, and procedures, including an understanding of loan policy and guidelines.
• The ability to interact with customers, bankers, and other professionals is required.
• Exceptional customer service, communication, attention to detail, and collaboration skills are necessary.

Nice To Haves

• Experience with lending administration and documentation is preferred.

Responsibilities

• Assist Agri-Business Bankers with loan and credit underwriting documentation including, but not limited to title work, appraisals, etc.
• Initiate and build loan documentation utilizing loan operating software and verify all details (orders, collateral, disclosures, etc.) of initial loan files are complete and accurate according to policies and procedures.
• Work closely with title company and insurance companies as needed.
• Act as a liaison between bankers and internal departments to coordinate client requests and resolve inquiries.
• Collaborate closely with internal related departments as loan progresses.
• Serve as a resource for any funding/post funding questions.
• Follow established procedures and practices for processing business banking products from application to origination.
• Perform additional banking services, including completing advances, initiating wire requests, lien releases, making advances/payments, and transfers as needed.
• Monitor in-process loan files for receipt of complete and accurate documentation for underwriting.
• Assist in preparing credit packages for submission to underwriting.
• Monitor all current business loan files and paid loan files to ensure proper maintenance according to established procedures.
• Monitor reports, provide loan payoffs, and release collateral.
• Assist in preparing annual reviews and work portfolio discrepancy lists.
• Remain up to date on system, process, product, and regulatory changes.
• Attend all team meetings and training opportunities as deemed appropriate by the supervisor.
• Act in accordance with FBT policies and procedures as set forth in the employee handbook.
• Adhere to compliance procedures and participate in required compliance training.

Benefits

• Comprehensive Healthcare Benefits
• Peace of mind when it comes to you and your family's well-being with generous health, dental, vision, and life insurance. Plus, optional access to additional life, disability, and other forms of insurance.
• 401(k) & ESOP Profit Sharing
• Employees are owners. Receive a match of up to 7% of your contributions to your retirement account.
• Wellness Program
• The Healthy Way Program incentivizes gym membership and hosts educational programs and challenges throughout the year.
• Education
• Student loan repayment assistance program.
• Tuition reimbursement.
• A robust internal training program that goes beyond onboarding. We want you to continue learning. That's why we offer job shadowing, a mentorship program, and more.
• Volunteer Service Hours
• Paid time to volunteer. Employees get 16 hours to take part in and donate their time to local charities.
• In-house Childcare & Preschool
• Kid's World childcare and preschool in Brookings is available for the children and grandchildren of employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 501-1,000 employees