First Business Bank · 2 months ago
Loan Processor - Hybrid!
Hybrid Remote, Madison, Wisconsin
Full-time
Hybrid
New Grad, Entry LevelFirst Business Bank is committed to putting people first, valuing diversity, and improving communities. They are seeking a Loan Processor who will be responsible for various loan activities, documentation, and customer service to ensure efficient processing of loans.
Financial Services
Responsibilities
Timely and professional response to emails and telephone calls to the loan department
Post loan payments and advances on loans
Perform address changes and risk rating changes
Loan reports
Credit Verifications
Follow up on items in monthly tickler reports
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
Qualification
Required
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
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!
Company
First Business Bank
First Business Bank offers business banking, commercial banking, specialty finance, private wealth, and consulting to banks. Member FDIC.
Founded in 1990
201-500 employees
Funding
Current Stage
Public CompanyTotal Funding
$77.5M2023-10-03Post Ipo Debt· $15M
2022-03-04Post Ipo Equity· $12.5M
2022-03-04Post Ipo Debt· $20M
Leadership Team
David Seiler
President and Chief Operating Officer
Recent News
2026-01-08
Startup and Tech News - Madison Startups
2025-10-31
2025-10-31
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