First Bank & Trust · 2 months ago
Loan Operations Specialist
Brookings, SD
Full-time
Onsite
Entry Level
2+ years expFirst Bank & Trust is seeking a Loan Operations Specialist who will perform a wide variety of activities in the daily processing of loan transactions. This role involves extensive interaction with loan officers and processors, ensuring accurate loan accounting and customer inquiries.
BankingFinancial Services
Responsibilities
Maintain and perform loan accounting functions for loans across the organization. Duties include but are not limited to: input of new loans, funding of new loans, loan payments, wire transfers, advances, loan extensions, loan file maintenance, and all output and reporting functions
Answer loan customer inquiries and work with personnel from other institutions concerning but not limited to: participations, payments, and taxes, while maintaining a professional and friendly manner at all times
Balance all loan totals to the General Ledger daily. Correct any discrepancies according to procedure
Work loan unposted items daily and correct any errors
Input and balance loan participations while adhering to legal lending limits
Assist in training any new staff and answering questions within the department as requested by the supervisor
Complete assigned projects as designated 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 compliance training when required
Qualification
Required
High school diploma
One year of post high school education
Minimum of two years of previous bank experience or equivalent
Strict adherence to details
Good knowledge of bank loan procedures
Good knowledge of accounting procedures
Good communication skills with a professional demeanor
Willingness to work with all company personnel
Company
First Bank & Trust
First Bank & Trust is a banking firm that offers banking, wealth management, and financial services in Massachusetts.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Chris Kreul
Chief Technology Officer
Carrie Wilson
Chief Financial Officer & Chief Operating Officer
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