Lending Assistant

Iowa State Bank - Algona; Algona (IA); On-site; USD 30,000 - 45,000; Full time

Job summary

Iowa State Bank - Algona is seeking a Lending Assistant to support commercial, agricultural, residential and consumer loan files through documentation and recordkeeping, loan processing, servicing and reporting.

You will prepare loan documents and disbursements as directed, ensure proper documentation is collected, and assist loan departments with reports, correspondence, and account reconciliation.

Responsibilities

• Perform all loan processing, servicing and reporting functions.
• Prepare loan documents and disbursements as directed by the loan officer.
• Ensure the proper documentation is collected and retained for all loan requests.
• Collect supporting documentation and order services required for loan approval.

Job description

The Lending Assistant position is responsible for conducting a variety of documentation and recordkeeping functions for commercial, agricultural, residential and consumer loan files including, but not limited to:

• Perform all loan processing, servicing and reporting functions.
• Prepare loan documents and disbursements as directed by the loan officer.
• Ensure the proper documentation is collected and retained for all loan requests. Collect supporting documentation and order services required for loan approval.
• Prepare reports, assist with correspondence, reconcile accounts and provide administrative support to agricultural, commercial, and residential/mortgage loan departments.