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First Bank & Trust · 6 hours ago

Business Banking Specialist II

Sioux Falls, SD

Full-time

Onsite

Mid Level

4+ years exp

First Bank & Trust is a financial institution seeking a Business Banking Specialist II to provide critical administrative support to Business/Commercial Bankers throughout the loan process. The role involves coordinating complex loan documentation, maintaining client relationships, and ensuring compliance with banking policies and procedures.

BankingFinancial Services

Responsibilities

Assist Business/Commercial Bankers with loan and credit underwriting documentation including, but not limited to title work, appraisals, etc

Initiate and build complex loan documentation utilizing loan operating software and verify all details (orders, collateral, disclosures, etc.) of initial loan files are complete and accurate according to policies and procedures. Work closely with title company and insurance companies as needed

Act as a liaison between bankers and internal departments to coordinate client requests and resolve inquiries. Collaborate closely with internal related departments as loan progresses. Serve as a resource for any funding/post funding questions

Maintain knowledge around the complexity of transactions and related risks (credit, market, operational, legal, compliance, etc.)

Follow established procedures and practices for processing business banking products from application to origination. Seek out opportunities to create efficiencies and share recommendations with manager

Perform additional banking services, including completing advances, initiating wire requests, lien releases, making advances/payments, and transfers as needed

Monitor in-process loan files for receipt of complete and accurate documentation for underwriting. Assist in preparing credit packages for submission to underwriting

Monitor all current business loan files and paid loan files to ensure proper maintenance according to established procedures. Monitor reports, provide loan payoffs, and release collateral

Assist in preparing annual reviews and work multiple discrepancy lists

Remain up to date on system, process, product, and regulatory changes

Attend all team meetings and training opportunities as deemed appropriate by the supervisor

Act in accordance with FBT policies and procedures as set forth in the employee handbook

Adhere to compliance procedures and participate in required compliance training

Qualification

Complex lending administrationLoan policy knowledgeBanking conceptsLoan operating softwareCustomer serviceCommunication skillsAttention to detailCollaboration skills