Core Processing Specialist I

First Mid; Mattoon (IL); On-site; USD 48,000 - 64,000; Full time

Benefits offered by this job

Health insurance

401(k) with company match

Paid time off

Tuition reimbursement

Employee Stock Purchase Plan

Job summary

First Mid Bancshares, Inc. is seeking a Core Processing Specialist to manage Commercial loan processing, data validation, and system testing.

You will interpret loan documents, book loans, and support cross‑functional projects while handling confidential information with precision. The role requires the ability to analyze complex loan files, ensure collateral terms are correctly identified, and collaborate with Loan Officers and other departments.

Qualifications

• Strong analytical, problem-solving, organizational, and detail-management skills.
• Proficient in Microsoft Office products with working knowledge in Excel.
• Must be able to work with a significant amount of detailed information in an accurate, timely and confidential manner.
• Ability to work independently and collaboratively while managing multiple priorities, projects, and deadlines.
• Strong interpersonal and communication skills with the ability to interact professionally with Loan Officers, Loan Processors, management, other bank departments, and vendors.
• Sound judgment and decision-making skills within established procedures and authority.

Responsibilities

• Reads and interprets legal loan documents for Commercial loans and accurately books the loans to the core system.
• Independently analyzes complex loan documentation to set up and fund loan accounts while adhering to bank standards and loan policy.
• Exports of new and renewed loans onto the Core in an accurate and timely manner.
• Review files and disburses loan proceeds for Loan Officers and Customers while handling confidential material.
• Analyzes loan documents to identify collateral terms and structures for loans and cross-collateralization as needed.
• Responsible for remote printing loan disbursement cashier checks via Teller software to branches.
• Clears transactions within assigned general ledger accounts.
• Uploads processor records into our imaging system and gathers loan documents for servicing follow up.
• Supports all departmental functions and ensures objectives are achieved with accurate loan bookings.
• Performs authorized mass maintenance within the loan portfolio per procedures and controls.
• Contributes to cross-functional projects including testing new processes and data reporting.
• Attends training on applicable subjects and participates in cross-functional initiatives.

Job description

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e. bonus, incentives, and/or commission). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements.

The Core Processing Specialist is responsible for various operational aspects of Loan Operations including the input of Commercial loans. When necessary, assist other lending personnel in various projects and duties to ensure the successful operation of the department. The position also validates data during conversions and acquisitions and supports system testing, training, and cross-functional projects.

Responsibilities include, but are not limited to:

• Reads and interprets legal loan documents for Commercial loans and accurately books the loans to the core system. Ensure the customer record is accurate, and the banks position is protected. Ensures the core processing check list is complete and accurate.


• Independently analyzes complex loan documentation in order to set up and fund loan accounts while adhering to bank standards and loan policy.


• Exports of new and renewed loans onto the Core in an accurate and timely manner.


• Review files and disburses loan proceeds for Loan Officers and Customers while handling confidential and high-priority material.


• Analyzes loan documents to identify the terms of the collateral. This includes determining which collateral is security and which loans as collateral may cross over to secure several different loans.


• Understands new and existing loan terms to understand collateral structure for setting up the collateral on the loan or across multiple loans.


• Responsible for remote printing loan disbursement cashier checks via Teller software to branches.


• Clears transactions within assigned general ledger accounts.


• Uploads processor records into our imaging system and gather various loan documents for loan servicing follow up.


• Supports all departmental functions and assures the departmental objectives are achieved by providing accurate and timely loan bookings.


• Performs authorized mass maintenance within the loan portfolio in accordance with approved procedures and controls.


• Consistently delivers a high level of service to both co-workers and bank clients. Consistently displays a team-player and positive attitude.


• Contributes to cross-functional projects and assigned initiatives, including system testing, process implementation, data reporting, and portfolio cleanup.


• Attend training on applicable subjects when available and appropriate for the position.


• Contributes to cross-functional projects or assigned initiatives as needed. Examples may include: testing new processes or procedures, training new hires, data reporting, core file maintenance.


• Performs other related duties as assigned.

Education

• High School diploma or GED required. Associates degree preferred.

Experience

• 1+ years banking, clerical or loan processing experience preferred.

Skills

• Strong analytical, problem-solving, organizational, and detail-management skills.


• Proficient in Microsoft Office products with working knowledge in excel.


• Must be able to work with a significant amount of detailed information in an accurate, timely and confidential manner.


• Ability to work independently and collaboratively while managing multiple priorities, projects, and deadlines.


• Strong interpersonal and communication skills with the ability to interact professionally with Loan Officers, Loan Processors, management, other bank departments, and vendors.


• Ability to work with a significant amount of detailed information in an accurate, timely, and confidential manner.


• Sound judgment and decision-making skills within established procedures and authority.

Total Rewards

• Competitive health, dental & vision coverage with HSA match


• 401(k) with employer match + Employee Stock Purchase Plan


• Generous PTO, paid holidays & parental leave


• Tuition reimbursement & performance-based bonuses


• Visit our Total Rewards page to see our full list of benefits

First Mid Bancshares, Inc., is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT