Loan Administration Associate

OHNWARD BANCSHARES • Cascade, IA

1d • Onsite

About The Position

Ohnward Bank & Trust is seeking a detail-oriented and team-focused Loan Administration Associate to support our lending operations across all locations. This position plays a key role in loan servicing and administration while working collaboratively with lenders, branch staff, and fellow loan administration team members to deliver accurate, timely, and high-quality service to our customers. The ideal candidate values teamwork, contributes positively to workplace culture, and takes pride in supporting both internal operations and the communities we serve.

Requirements

• High school diploma or equivalent required.
• Strong attention to detail with a high level of accuracy and organization
• Ability to work effectively as part of a team and contribute to a positive, respectful, and collaborative work environment
• Strong communication skills and a willingness to assist coworkers across departments
• Commitment to maintaining strong internal controls, ethical standards, and confidentiality
• Ability to manage multiple tasks in a fast-paced environment
• Basic math, accounting, and computer skills; ability to learn bank systems and procedures
• Customer-focused mindset with a professional and positive attitude
• Willingness to support community involvement and represent the Bank positively

Nice To Haves

• Prior banking, loan processing, or clerical experience preferred but not required; training will be provided

Responsibilities

• Board new loans to FIS and upload loan documents, including e-signed documents, to the imaging system
• Process Changes in Terms and other loan maintenance requests for all locations
• Disburse new loan funds and process loan advances and payments
• Post loan payments received by mail and assist with payment and advance posting for the Cascade office as needed
• Audit newly boarded loans and loan maintenance
• Balance daily loan control
• Prepare and distribute loan payment and past-due notices to lenders
• Scan and upload loan, credit, and collateral documentation into the imaging system
• Manage the document imaging system, checking reports, and ensuring file completeness
• Learn and assist with monitoring customer escrow accounts, including disbursement of funds for insurance premiums and real estate taxes and updating escrow changes in FIS
• Assist on the teller line as needed, primarily during Friday evening and Saturday morning rotations
• Work collaboratively with coworkers across departments to ensure efficient loan operations and strong internal controls
• Participate in Bank-sponsored community events and activities to help promote Ohnward Bank & Trust and strengthen community relationships
• Perform other related duties as assigned

Benefits

• Stakeholder Bonus
• Health Insurance
• Dental Insurance
• Retirement Plan (401k) – 3% Safe Harbor Contribution + Discretionary Contribution
• 10 Observed Holidays
• PTO
• Group Term Life provided
• Short Term Disability - 100% provided by company
• Long Term Disability
• Maternity/Paternity Leave – 100% of pay
• Community Involvement
• Pay-It-Ohnward – Company Giving Program
• Grilling for Charity – Community Donations
• Thank God Its Monday (TGIM) Company Event

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 1-10 employees