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Southern Michigan Bank & Trust · 1 day ago

COMMERCIAL LOAN ADMINISTRATIVE ASSISTANT

Portage,MI,US

Full-time

Onsite

New Grad, Entry Level

Southern Michigan Bank & Trust is seeking a Commercial Loan Administrative Assistant responsible for overseeing the preparation and execution of commercial loan packages. The role involves assisting loan officers, handling confidential and complex loans, and maintaining necessary documentation.

BankingFinancial ServicesPersonal Finance

Responsibilities

Reviews and prepares loan packages and documentation following underwriting guidelines and policies

Will prepare loan documents to protect the bank's security position. These may include but not be limited to various types of promissory notes, sworn statements, security agreements, addendum and mortgages

Will type letters, memos and reports for loan officers

Will screen incoming telephone calls, respond and write routine correspondence for loan officers

May be required to meet with customers and close small business loans

Complies and prepares month-end and quarter-end reports that are reviewed at the monthly Board of Directors meetings

Will order Third Party loan documentation such as title commitments, title searches, real estate valuations, and insurance with proper coverage as requested for loan officers

Collect pending loan documentation and assist loan officers with the delivery of documents

Prepares and sends notices on denied credit applications

Advances commercial credit lines and floor plan lines of credit

Will assist customers with problems, billing, accounts or loans

Helps cross train and assist others in the Commercial Loan and Credit Departments

Qualification

Loan documentation preparationCustomer service skillsMicrosoft WordMicrosoft ExcelBasic math skillsTyping skillsInterpersonal skillsProblem-solving skills