Lending Trainee

Great Southern Bancorp, Inc.Chicago, IL
45d

About The Position

Come be a part of something greater! Great Southern Bank is committed to fostering an environment where everyone can contribute and succeed at every level. We celebrate and value differences in age, outlook, cultural background, lifestyle, and physical ability. We offer career opportunities and advancement across a wide range of disciplines. Come join our team of customer service experts today! Great Southern Bank currently holds commercial lending offices in the following regions: Rogers AR, Davenport IA, Sioux City IA, West Des Moines IA, Chicago IL, Overland Park KS, Minneapolis MN, Springfield MO, St. Louis MO, Omaha NE, Dallas TX, Denver CO, and Atlanta GA. This specific position will train in Springfield Missouri and/or Overland Park Kansas with relocation to Chicago Illinois upon completion of paid 20 week training program. This position is a 20 week program that requires relocation for training purposes to Springfield, MO. Upon successful completion of the training, relocation to Chicago is required to obtain a permanent lending focused position. This program will provide a meaningful work experience in several key areas of the Lending Division. Trainees will work closely with bank staff to gain knowledge and understanding of bank policies, procedures, and regulations in the following areas of the bank: Commercial Lending, Consumer Lending, Loan Operations, and Residential Lending. This position will also be exposed to several other areas of the bank to gain an understanding of their importance to the Lending Division. This position is under immediate supervision, but following existing policies and procedures as well as all applicable banking laws and regulations, including BSA and AML.

Requirements

  • Broad knowledge of finance with real estate, preferred, with a recent finance degree or completion of finance major in December of 2025. Equivalent experience may be considered.
  • Ability to display professionalism and a high level of maturity in all situations.
  • Willingness to network with all levels inside and outside of the organization.

Responsibilities

  • Works closely with assigned mentor in Commercial Lending to gain knowledge of the bank's commercial lending processes, polices, and regulations. Works directly with Relationship Managers to learn the credit analysis and underwriting processes, as well as attends prospective and existing customer calls. Participates in loan committee meetings to obtain a further understanding of commercial loans. This duty is performed monthly, about 20% of the time.
  • Works closely with assigned mentor in Residential Lending to gain knowledge of mortgage lending, secondary market, mortgage underwriting, processing, disclosures, and regulations. This duty is performed monthly, about 20% of the time.
  • Works closely with assigned mentor in Consumer Lending to gain knowledge of personal loan types, credit report analysis, DTI, and collection efforts. This duty is performed monthly, about 20% of the time.
  • Works closely with assigned mentor in Loan Operations to gain knowledge of loan tracking and documentation processes. Responsible for learning the bank's core loan system. This duty is performed monthly, about 20% of the time.
  • Completes a wide variety of data input, word processing, copying, correspondence, reports, memos, etc. This duty is performed daily, about 20% of the time.
  • Perform any other related duties as required or assigned.

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Industry

Credit Intermediation and Related Activities

Number of Employees

1,001-5,000 employees

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