Business Banking Associate

The First National Bank in Sioux Falls; Sioux Falls (SD); On-site; USD 40,000 - 50,000; Full time

Benefits offered by this job

Health Insurance

Dental & Vision Insurance

Profit Sharing

Paid Vacation & Holidays

Company-paid short- and long-term disability

Tuition Reimbursement Program

Employee Banking Perks

Community Volunteer Time

And more!

Job summary

A regional financial institution is seeking a Business Banking Associate in Sioux Falls, SD. This role provides vital support to Business Bankers, facilitates loan documentation, and ensures compliance with banking regulations. Ideal candidates have a background in banking or a related field, and possess strong communication, organizational, and time-management skills. Employees enjoy benefits such as health insurance, tuition reimbursement, and community volunteer time.

Qualifications

• Relevant work experience in banking or related field preferred.
• Combination of education and experience that meets required competencies.

Responsibilities

• Provide administrative support to Business Bankers and function managers.
• Create and maintain loan documentation in compliance with laws.
• Serve as a liaison between lenders and other Bank departments.
• Ensure compliance with guidelines, policies, and regulations.

Skills

Excellent verbal and written communication skills

Organizational skills

Time-management skills

Customer service skills

Ability to adapt

Education

Secondary education in a related field

Job description

Position Summary

As a Business Banking Associate, you will provide administrative support to Business Bankers, function managers, and related departments. Responsibilities include coordinating meetings and events, preparing complex documents, and supporting various departmental activities. You will collect, compile, and analyze data to create both standard and custom reports that support decision‑making. A strong understanding of banking laws and regulations is essential; all duties must be performed in compliance with these standards. This role requires independent judgment and discretion, and you will also serve as a resource and provide guidance to other support staff.

FIRST Values

• Family – We support, trust, and respect each other, our customers, and our shareholders.
• Independence & Innovation – We embrace change as vital to our success.
• Relationships – We build relationships that are based on strong character, mutual loyalty, trust, and respect.
• Stewardship – We take care of ourselves so we can take care of others.
• Teamwork – We help each other grow and succeed.

Accountabilities

What Will You Do

File Maintenance

• Perform file maintenance efficiently and accurately in line with departmental goals.
• Scan and maintain credit file documents in the electronic document management system.
• Forward critical documents to Loan QA in a timely manner.
• Pull UCC searches, credit bureau reports, flood determinations, Onboard Advisor reports, and organizational documents.
• Update and review ticklers and document exceptions.

Establish Loan Documents

• Create loan documentation that is accurate and in compliance with laws and regulations.
• Prepare line sheets and loan worksheets in accordance with approval documentation.
• Review accuracy of loan documents pre‑closing and verify completion post‑close.
• Complete supplemental documentation required for loan closing and include it in the loan packet (e.g., Statement of Intent for Joint Credit, Certification of Beneficial Ownership, Sweep Agreements, etc.).
• Organize loan packet in a professional manner.

Liaison

• Serve as the liaison between lenders and other Bank departments.
• Process/enter basic loan transactions into the system by direction of customer or lender (loan payments, advances, transfers).
• Complete Business Solutions Interest Forms and waiver/refund request forms.
• Research exceptions from Loan QA and assist the lender in resolving them.

Compliance

• Maintain a working knowledge of guidelines, policies, laws and regulations associated with work responsibilities.
• Ensure compliance in processes and related communications.
• Monitor and audit work regularly.
• Identify, address and/or escalate issues appropriately.
• Develop an understanding of Loan Policy and Loan Guidelines.
• Collect and record data for completion of CRA forms.
• Gather and review documentation for new customers to complete CIP forms accurately.
• Collect and verify documentation for completion of Beneficial Ownership Certificates.

Qualifications

Secondary education in a related field preferred. Relevant work experience preferred, including banking or a related field, or a combination of education/experience that would enable the incumbent to meet accountability and required competencies of the position.

Skills and Abilities

• Excellent verbal and written communication skills.
• Ability to conduct relationships in a manner that ensures cooperation and positive results.
• Demonstrate a high degree of concern for professional and innovative customer service.
• Excellent organizational skills and attention to detail.
• Excellent time‑management skills with a proven ability to meet deadlines.
• Ability to adapt to the needs of the organization and teammates.

What’s in it for you?

• Health Insurance
• Dental & Vision Insurance
• Profit Sharing
• Paid Vacation & Holidays
• Company‑paid short‑ and long‑term disability
• Tuition Reimbursement Program
• Employee Banking Perks
• Community Volunteer Time
• And more!