Loan Boarding Specialist II
About The Position
The Loan Boarding Specialist II is responsible for reviewing, verifying, and ensuring that the required closed loan documents have been received, and for booking of loans to the Loan Accounting System following First Interstate Bank's procedure and policy. Assigned loan products include Consumer, Commercial, and Specialty loan products that encompassing simple to complex transactions in accordance with loan closing documents. This position will meet completeness, turn time, and accuracy requirements per established service level agreements.
Requirements
- Advanced personal computer skills with demonstrated knowledge of Microsoft Excel, Word, and Outlook.
- Self-starter with the ability to work with minimal direction.
- Strong verbal and written communication skills,
- Possess interpersonal skills and team orientation.
- Ability to meet deadlines.
- Ability to appropriately escalate issues requiring problem-solving and decision-making.
- Ability to read, analyze, and interpret technical procedures, or governmental regulations.
- Ability to effectively present information and respond to questions from managers, peers, or other business partners.
- Ability to work with basic mathematical concepts.
- Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
- Ability to compute rate and percent.
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Demonstrates critical thinking tendencies to address problems decisively and to propose sustainable solutions.
- Accepts shared ownership and accountability for results.
- High School Diploma or General Education Degree (GED) required
- 1-3 years experience in a financial institution required
Nice To Haves
- Bachelor's Degree preferred
- Experience in consumer and/or commercial loan servicing and applicable loan documents preferred
Responsibilities
- Boards and books closed loans to the Loan Accounting System, including compliance and collateral information.
- Reviews the batch-scanned documents to verify receipt, accuracy, and proper execution of loan documents and that there are no alterations in the documents.
- Coordinates efforts with appropriate parties to obtain missing information needed to meet boarding requirements.
- Determines funding requirements and forwards to Loan Funding queue.
- Performs loan activating TMS entries in a timely and accurate manner.
- Monitors queue volumes and adjusts workload as necessary.
- Performs job responsibilities in accordance with the completeness, accuracy, and turn time standards per established service level agreements.
Benefits
- Generous Paid Time Off (PTO) in addition to paid federal holidays.
- Child Care Assistance Program for eligible dependent(s).
- Exercise reimbursement program for employees.
- medical, dental, vision, short-term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off (new hires accrue at .069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time) and up to 11 paid Federal holidays.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
Number of Employees
1,001-5,000 employees
