Loan Assistant

Star Bank•Bertha, MN

2d•Onsite

About The Position

Star Bank is hiring a Loan Assistant for its office in Bertha, Minnesota. The role supports the Loan Department with duties and special projects related to new and existing loan customers. The Loan Assistant is expected to be knowledgeable and skilled in loan servicing and serve as a resource to the office and its staff on bank procedures and customer service. The work environment is described as friendly and professional, with opportunities to develop and grow skills. The position also provides support wherever needed in the office, maintains supplies and customer-access areas, and performs other position-related duties as assigned. Regular attendance is required. Applicants must upload a resume and cover letter in Word, PDF, or JPG format.

Requirements

Keen attention to detail and accuracy.
Ability to perform the position's tasks proficiently by applying the required knowledge and skills.
Regular attendance.
Must upload a resume and cover letter in Word, PDF, or JPG format to apply.

Responsibilities

Support the Loan Department in managing customer loans.
As needed, run credit reports, obtain flood determinations, order appraisals and title work, and conduct account research.
Assist lending officers with pre-funding worksheets, HMDA data collection, loan documentation checklists, and use of outside resources needed to submit loan packages to Loan Processing.
Prepare loan disbursement entries, such as cashier's checks, deposits, and wire transfers, on the signing date according to lender instructions.
Remit payments to third-party vendors, including appraisers, insurance companies, and title insurance companies.
Perfect collateral, including recording mortgages, UCCs, CNS filings, and titled units.
Monitor and maintain customer loan files and the loan tickler system, tracking current customer financial information and secured collateral.
Image complete loan files.
Process loan payoff requests, loan payoffs, and loan payments; monitor the payoff report and ensure required loan-closing steps are completed.
Release loan collateral at the direction of the lender responsible for the account relationship.
Prepare routine letters, reports, and forms.
Provide support to all areas of the office where service or assistance is needed.
Provide customer service concerning deposit account balances, loan balances, and payoff requests.
Maintain supplies in the loan support area, including paper and ink for copiers, fax machines, and printers.
Monitor customer access areas and the bank lobby to ensure marketing materials and publications are relevant and timely.
Stay current on banking rules and regulations, remain apprised of iCore system functionality, and attend required department meetings and training sessions.