Business Banking Specialist

Fishback Financial Corporation; Edina (MN); On-site; USD 31,505 - 42,540; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k)/ESOP with up to 7% match

Paid Time Off and Paid Parental Leave

Flexible work arrangements

Student loan repayment assistance

Job summary

Fishback Financial Corporation is seeking an Administrative Support professional in Edina, Minnesota to assist Business/Commercial Bankers throughout the loan process. You will be responsible for building and verifying loan documentation, and acting as a liaison between bankers and internal departments.

The ideal candidate has an associate degree with 2 years of relevant experience and a strong understanding of banking concepts. The role offers hourly pay between $22.87 and $30.88, plus benefits like medical insurance, 401(k) matching, and student loan repayment assistance.

Qualifications

• 2 years of relevant experience in lending administration.
• Knowledge of banking concepts and loan procedures.
• Ability to interact professionally with customers and stakeholders.

Responsibilities

• Assist Business/Commercial Bankers with loan documentation.
• Build loan documentation using loan operating software.
• Act as a liaison between bankers and internal departments.

Skills

Customer service

Communication

Attention to detail

Collaboration skills

Education

Associate degree in relevant field

Job description

Job Description

This person is responsible for providing administrative support to the Business/Commercial Bankers throughout the loan process.

Qualifications

• Associate degree and 2years of relevant experience, or equivalent.
• Experience with lending administration and documentation.
• Knowledge of banking concepts, practices, and procedures, including loan policy and guidelines.
• Ability to interact with customers, bankers, and other professionals.
• Exceptional customer service, communication, attention to detail, and collaboration skills.

Key Responsibilities

• Assist Business/Commercial Bankers with loan and credit underwriting documentation (title work, appraisals, etc.).
• Initiate and build loan documentation using loan operating software, verifying all details (orders, collateral, disclosures, etc.) of initial loan files are complete and accurate according to policies and procedures.
• Work closely with title and insurance companies as needed.
• Act as a liaison between bankers and internal departments to coordinate client requests and resolve inquiries.
• Collaborate closely with related internal departments as loans progress.
• Serve as a resource for any funding/post‑funding questions.
• Follow established procedures for processing business banking products from application to origination.
• Perform additional banking services, including completing advances, initiating wire requests, lien releases, making advances/payments, and transfers as needed.
• Monitor in‑process loan files for receipt of complete and accurate documentation for underwriting.
• Assist in preparing credit packages for submission to underwriting.
• Monitor all current business loan files and paid loan files to ensure proper maintenance according to established procedures.
• Monitor reports, provide loan payoffs, and release collateral.
• Assist in preparing annual reviews and work multiple discrepancy lists.
• Remain up to date on system, process, product, and regulatory changes.
• Attend all team meetings and training opportunities as deemed appropriate by the supervisor.
• Act in accordance with FBT policies and procedures as set forth in the employee handbook.
• Adhere to compliance procedures and participate in required compliance training.

Compensation

The anticipated hourly range for this role is between $22.87 and $30.88. Compensation may vary based on experience, training, skills, work location, and other factors. Eligible employees may receive incentive compensation based on individual performance.

Benefits

• Medical, dental, and vision insurance.
• Health Savings Account.
• 401(k)/ESOP with up to 7% match.
• Paid Time Off and Paid Parental Leave.
• Flexible work arrangements.
• Student loan repayment assistance.

Equal Opportunity and Accommodation

First Bank & Trust is an Equal Opportunity, affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran.

Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email [e-mail].