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Arvest Bank · 1 day ago

Group Credit Commercial Loan Assistant

Fort Smith, AR

Full-time

Onsite

Entry Level

$21.89/hr - $26/hr

2+ years exp

Arvest Bank is a financial institution offering a comprehensive suite of benefits. The Group Credit Commercial Loan Assistant provides assistance with servicing the classified commercial loan portfolio, ensuring documentation is complete and delivering exceptional customer service.

BankingFinanceFinancial Services

Responsibilities

Provide assistance to obtain corporate entity information, and related loan documentation, such as title searches and commitments, Uniform Commercial Code (UCC) searches, flood determinations, and appraisals for loans

Review loan documents prior to closing and facilitate loan closings; performing post-closing reviews to ensure files contain documents with proper signature, dates, and other necessary information

Disburse loan funds after closing and process loan documentation within established timelines, ensuring on-going maintenance of loans in the system and providing continual support to foster customer relations

Manage the loan documentation pipeline, provide regular updates to key stakeholders, obtain credit information and ensure sufficient loan collateral, ensuring timely completion of the loan process

Monitor the Technical Exceptions (TE) list to ensure bank security interests are perfected in a timely manner

Coordinate with other divisional teams, borrowers and third-party vendors in coordinating receipt and review of required documents to expedite closing process or other documentation

Collect and distribute customer financial information, updating documentation to support outstanding loans and maintaining confidential business data in an efficient and accurate manner

Perform a wide range of administrative duties, and prepare and maintain department reports, as needed

Understand and comply with bank policies, laws, regulations, and the bank's BSA/AML Program, as applicable to job duties. This includes, but is not limited to, completing compliance training, adhering to internal procedures and controls, reporting any known violations of compliance policies, laws, or regulations, and reporting any suspicious customer and/or account activity

Other duties and special projects may be assigned

Qualification

Loan operations experienceRegulatory knowledgeMicrosoft 365 proficiencyTitle review processesGoogle Workspace proficiencyCustomer serviceAdministrative dutiesConfidentiality

Required

2 years of experience in a general loan operations capacity

Working regulatory knowledge such as privacy, safeguarding customer information, Regulation B, Equal Credit Opportunity Act, Regulation Z, Truth in Lending, Community Reinvestment Act (CRA), Home Mortgage Disclosure Act (HMDA), and flood regulations

Proficient knowledge of Microsoft 365 and Google Workspace or other applicable software

Comprehensive knowledge of title review processes, appraisals, and tax escrows

High school diploma or General Education Development (GED) certificate

Must be able to start work on time, maintain regular work attendance, be physically present at the assigned work location, and occasionally work overtime or outside of regular business hours

Must be able to operate standard office equipment and use office applications for communication, information and document transmission, and content, document, and report creation

The essential duties of this job occasionally require the associate to lift and/or move up to 25 pounds

Must be able to operate a passenger vehicle and possess a current, valid driver's license