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Mid-Missouri Bank · 3 weeks ago

Loan Assistant

Lebanon - Lebanon, MO 65536

Full-time

Onsite

New Grad, Entry Level

$18/hr - $22/hr

Mid-Missouri Bank is seeking a Loan Assistant responsible for producing accurate and completed loan documents for the bank's loan customers. The role involves creating loan files, conducting quality checks, and ensuring compliance with banking regulations.

BankingCommunitiesFinancial ServicesInsurance

Comp. & Benefits

Responsibilities

Create new loan files by preparing documentation for scanning, entry into banking information system and proper storage

Complete quality checks of loan packet, document deficiencies, and resolves exceptions with Loan Officer

Tracks and completes invoicing for credit life sales on loans

Completes lien searches and lien filings; maintains current liens by filing continuations and terminations when needed

Monitor cancelled insurance policies and initiates timely follow-up with internal parties

When necessary, assists with reports and audits in the evaluation of loan operations performance

Carries out responsibilities with professionalism and respect for others in accordance with the Bank’s policies, practices and applicable laws

Communicate with loan officers in a courteous and professional manner to provide accurate and timely documents to our loan customers

Stay current on all products, software and regulation changes through training

Knowledge of government banking regulations as they apply to consumer and commercial loans

Communicate with bank compliance officer to ensure government regulations are being followed

Communicate with general counsel to ensure any legal questions are handled properly

Knowledge of bank loan policies and procedures and loan products

Read loan worksheets and loan memos to prepare accurate loan documents

Compare loan worksheet and loan memo to verify uniformity

Verify that all information on loan worksheet and loan memo is complete

Verify legal identity of persons or entities using the following forms of ID: Articles of Organization or Incorporation, Bylaws or Operating Agreement, Partnership Agreement, Trust Agreement, Etc., Current Driver’s License or other photo ID

Acquire or prepare proper supporting documentation for safe and sound loans as applicable, including: Application, Completed loan worksheet and loan memo, Proper approval per policy, UCC Search and Filing, Title work, HUD, flood determination, insurance, appraisal, appraisal review, auto title, and equipment serial numbers, Guaranty’s, Borrowing Resolution, Minutes of Meeting, Current Certificate of Good Standing

Other duties as assigned

Qualification

Banking information systemGovernment banking regulationsLoan policiesProceduresDetail orientedVerbal communicationTechnology skillsTime managementProblem solvingFlexibility