This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/13379454
Title: Loan Assistant
FLSA: Non-Exempt
Hours: Monday Friday 8:00 5:00
Category: Full Time
Reports To: VP Loan Administration
Summary
The position of the Loan Assistant supports Lenders throughout the
lifecycle of commercial and agricultural loans including new requests,
renewals, modifications, and ongoing relationship needs while
coordinating across departments to ensure a seamless customer
experience. This role works closely with loan officers, borrowers, and
third-party partners to hep move loans efficiently from application
through closing while delivering a high level of customer service. This
position is Fully On-Site and requires strong organizational skills,
attention to detail, and the ability to manage multiple priorities in a
fast-paced environment.
Essential Duties
- Assist loan officers with preparing loan packages by gathering and
verifying borrower financial documentation.
- Coordinate with Lenders to ensure loan requests are processed timely
and accurately.
- Order and track credit reports, appraisals, title commitments, and
other loan related documents.
- Review all due diligence documents on NEW clients to ensure
information is complete and correct documentation is received to
accurately complete all required loan documents.
- Prepare loan request packets for Lenders/Portfolio Manager/Credit
Analyst; enter required fields in LOS (nCino).
- Monitor loan files, track status updates, and follow up on missing
or incomplete information.
- Tracks upcoming loan maturities and contacts clients to request
financial information as needed.
- Assists in clearing past due financials, post-closing exceptions,
and trailing documents.
- Coordinate with borrowers, real estate professionals, and settlement
agents to support timely loan closings.
- Answer incoming phone calls and emails, respond to customer
inquiries, and route issues as needed.
- Assist with request for loan advances and payments.
- Maintain accurate loan records and ensure compliance with internal
lending procedures.
- Perform administrative tasks including filing, reporting, and
document management as required.
Secondary Duties
The position of Loan Assistant performs duties specific to the position
and other functions as assigned.
Supervisory Duties
The position of Loan Assistant is not responsible for the supervision of
employee(s).
Minimum Requirements
These specifications are general guidelines based on the minimum
experience normally considered essential to the satisfactory performance
of this position. The requirements listed below are representative of
the knowledge, skill and/or ability required to perform the position in
a satisfactory manner. Individual abilities may result in some deviation
from these guidelines.
- High school diploma or equivalent required, bachelor's degree
preferred
- Minimum of two years of experience in loan operations, mortgage
lending, or a related financial services role.
- Excellent organizational, analytical, and communication skills with
high attention to detail.
- Proficient in Microsoft Office Suite and general computer
applications.
- Ability to work independently and collaboratively in an on-site
office environment.
- Familiarity with loan origination systems and lending procedures is
a plus.
Current drivers license and a vehicle with appropriate insurance
coverage if required to drive in the course of performing assigned
duties and responsib
Equal employment opportunity, including veterans and individuals with
disabilities.
PI283398246