Loan Processor - Hybrid!

First Business Bank•Madison, WI

11d•Hybrid

About The Position

Position at First Business Bank Join the growing team at First Business Bank as a Loan Processor - Hybrid! At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority — they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other’s differences, and a focus on improving our communities, we are confident you’ll find the experience is your advantage. We’re delighted you’re considering joining us! This position has a Hybrid Work Model: 3 days per week at our Madison, WI location.

Requirements

Banking experience in loan processing preferred
Ability to work independently and use independent judgment with minimal supervision
Demonstrated success with written communication, and ability to assess and analyze information, formulate conclusions and recommendations, and prepare well-written reports that will be reviewed and presented
Strong desire to be curious and inquisitive, and self-confidence to ask questions

Responsibilities

Post loan payments and advances on loans
Perform address changes and risk rating changes
Prepare loan payoff statements
Determine loan request has appropriate approval as required by loan policy.
Prepare loan documents as requested for loan officers, as assigned.
Review loan documents for accuracy and completeness prior to and post closing, in accordance with applicable legal requirements and the bank's loan policy.
Set up and book loans to the loan system according to bank guidelines accurately and in a timely manner.
Prepare FTM transactions, wire funds and request cashier’s checks in order to distribute funds as requested by the loan officer.
Create or add to existing loan file and forward documents to other Review Representatives for editing and final review.
Mail necessary documents for recording at the appropriate filing office (ROD, DFI, etc.) in a timely manner.
Identify ticklers for Credit Quest tracking - tracking missing or unrecorded documents and loan policy and documentation exceptions.
Follow up and resolve any incomplete or incorrect items identified by edit in a timely manner.

Benefits

Comprehensive Health, Dental, and Vision plans
Competitive compensation, with a focus on professional development and internal mobility
Paid vacation time (15 days minimum per year)
Paid sick leave (6 days per year)
1 day paid volunteer time
10 paid holidays (annually)
Paid parental leave
401(k) program with company matching, plus additional profit sharing contribution
Performance based annual incentive program
Free and confidential Employee Assistance Program
Wellness programs
Education Assistance Program
Employee Stock Purchase Program
Plus many other perks and benefits!