Senior Loan Administrator jobs in United States
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First Mid · 14 hours ago

Senior Loan Administrator

First Mid is a financial institution that offers a variety of banking services. They are seeking a Senior Loan Administrator to act as a primary liaison between departments, support the lending team, and ensure high levels of customer service while managing loan processes.

BankingFinanceFinancial ServicesInsurancePersonal FinanceWealth Management
Hiring Manager
Jennifer Vahling-Wendt, PHR, SHRM-CP
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Responsibilities

Assist loan officers by preparing various documents such as sending notices, preparing past due correspondence, ordering credit bureau reports and appraisals and preparing customer correspondence
Assists loan officers in gathering information for new loan requests and submits loan requests and supporting documentation to Central Loan Processing
Prepares initial data entry of financial statements and other reports into credit approval templates
Maintains a strong knowledge of the Bank’s loan policy
Works independently handling accounts of larger size and complexity and/or larger volume of accounts
Maintains customer’s credit file in an orderly and accurate manner while in their possession. Forwards new loans and updated documentation to Post Closing to be archived on Director. Reviews files for appropriate documents and responsible for following up on exceptions
Effectively communicate and work with In-House Legal Counsel, Outside Legal Counsel to gather pertinent due diligence items to ensure closing deadlines are met efficiently
Greet customers and prospective customers, directing them to the appropriate personnel
Interact, both verbally and written, with clients to collect data, documents, and assist with various general customer service requests (i.e. payments, advance requests, wire requests, amortization schedules, address changes account history). Assists customers with questions, balance information, payments, line of credit advances, payoff quotes and tax reporting calculations on a continuous basis
Effectively plan for upcoming workflow and maintain very organized paper and electronic files
Process annual renewals, new loan requests and loan modifications independently and maintain pace with month end, quarter end and year end volume levels
Obtain all pre-closing documentation requirements, such as payoff requests, title work, flood search / letter, appraisals, entity documents, Certificate of Beneficial Ownership, corporate searches, UCC searches, insurance, surveys, environmental reports, credit reports for new loans, renewals and modifications
Review loan documents prior to closing to ensure no changes to loan documents were made at closing without approval per policy
Prepares account forms for branch opening of deposit accounts for Agency Finance customers
Prepares Allstate Intake forms for Allstate related loans
Monitors and investigates transactional activity in restricted deposit account
Monitors other revenue data in the portfolio and gathers necessary information to maintain timely data
Monitor and assist in clearing exception items
Provide back-up support for other Loan Administrators during vacations and other high-volume periods
Retrieves information requested for credit ratings and loan confirmations
Prints, reviews and distributes a variety of management reports
Completed required training associated with job function

Qualification

Commercial loans experienceLending function knowledgeJack Henry systemPower BI knowledgeInsurance industry knowledgeInterpersonal skillsDetail-orientedAdaptability

Required

Bachelor's Degree preferred
5+ years of experience working with commercial loans required
Prior knowledge and understanding of commercial real estate and commercial industrial loans required
Effectively and proficiently use all required / necessary software applications (Word, Excel, Outlook, Jack Henry, Director)
Proven knowledge and experience of lending function, loan system and Jack Henry system
Must be able to work with a significant amount of detailed information in an accurate, timely and confidential manner
High level of interpersonal skills to interact with customers and potential customers in a professional manner
High level of knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment
Ability to work in a dynamic environment and comfortable with change

Preferred

Bachelor's Degree preferred
Working knowledge of insurance industry preferred but not required
Power BI knowledge a plus

Benefits

Comprehensive healthcare
Well-being benefits
Paid family leave
Generous paid time off
Banking perks
Tuition reimbursement
Employee Stock Purchase Plan
401K plan with company match
Competitive health, dental & vision coverage with HSA match
401(k) with employer match + Employee Stock Purchase Plan
Generous PTO, paid holidays & parental leave
Tuition reimbursement & performance-based bonuses

Company

First Mid

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First Mid Bancshares, Inc. is a community-focused organization headquartered in Mattoon, Illinois.

Funding

Current Stage
Late Stage
Total Funding
$1.11M
2021-05-10Undisclosed· $1.11M

Leadership Team

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CLAY M. DEAN
CEO First Mid Insurance Group
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Joseph Dively
Chairman and CEO
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Company data provided by crunchbase