Business Loan Administrator I

Bnc National Bank • Mandan, ND

407d • $58,240 - $101,046 • Onsite

About The Position

BNC National Bank is seeking an Entry-Level Business Loan Administrator I to join their Commercial Lending Team in Bismarck/Mandan. This role involves assisting with the servicing of the existing business loan portfolio and supporting Business Loan Administrators in various administrative tasks related to commercial loans.

Requirements

• High School Diploma required.
• Knowledge of depository products and treasury/cash management services.
• B.A. or B.S. in Business Administration, Accounting, Finance, or related field preferred; relevant work experience may be accepted.

Nice To Haves

• Relevant work experience in lieu of education requirements.

Responsibilities

• Assist Business Loan Administrators with daily tasks and ongoing administration of the commercial loan portfolio.
• Handle loan advance and payment requests.
• Work with daily reports and image documentation to loan files.
• Maintain the loan tickler system and prepare letters to customers.
• Collaborate with insurance representatives and complete checklists related to loan requests.
• Assist the Department Manager with miscellaneous projects as assigned.
• Communicate effectively with customers, accounting firms, participant banks, and other departments.
• Ensure compliance with bank policies, procedures, and regulatory statutes.
• Input and retrieve data using Xperience and LoanVantage programs.
• Calculate loan payoff amounts and manage loan payments and advances.
• Complete requests for information related to file documentation and loan requirements.
• Administer the existing commercial loan portfolio by contacting borrowers for missing information.
• Monitor tickler reports and follow up on exceptions.
• Review daily insurance reports and ensure proper insurance is maintained.
• Type routine letters and complete necessary forms for file maintenance.

Benefits

• Generous Paid Time Off (120 hours per year)
• Paid Sick Time (48 hours per year)
• Medical, Dental, and Vision Insurance
• Health Savings Account with Employer Contribution
• Flex Spending Account
• 401(k) with Company Match
• Company-Paid Life and AD&D Insurance Policy
• Unum Supplemental Plans
• Employee Assistance Program
• FREE Gym Membership
• Paid Holidays
• Paid Volunteer Opportunities
• Paid Bereavement Leave

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED