Loan Assistant

Legend Bank Na; Decatur (TX); On-site; USD 38,000 - 52,000; Full time

Job summary

Legend Bank Na in Decatur, TX is seeking a Loan Assistant to process and administer loans across consumer, commercial, and real estate portfolios. You will be the primary contact for customers, lenders, and loan operations, ensuring accurate documentation and timely status updates.

The role involves coordinating with attorneys, handling pre- and post-closing reviews, and supporting loan closings while ensuring compliance with banking policies and regulations.

Qualifications

• Two plus (2+) years of banking or related experience.
• Experience in loan administration and customer service is preferred.

Responsibilities

• Acts as direct contact with customers, Lender and Loan Operations through loan process.
• Communicates with attorney on document preparation and title work.
• Orders loan documentation through Loan Operations and reviews final documents for proper rates, terms, and approvals.
• May assist the Lender with closings and conducts pre-closing and post-closing file reviews for Central Loans.
• Manages the loan documentation pipeline by updating officers and borrowers on loan status.
• May be responsible for servicing loans (e.g., payments, insurance, etc.).
• Prepares payoff quotes and forwards to lenders and/or clients.
• Monitors loans and discusses past due items with Lender; forwards financials to Analyst to spread.
• Ensures compliance with banking policies, lending practices, and regulatory statutes.

Skills

Customer service

Loan processing

Attention to detail

Education

High School diploma or equivalent

Job description

Loan Assistant# Loan AssistantDecatur - Decatur, TX 76234## OverviewPosition TypeFull Time## Description**PRIMARY FUNCTION**Processes and administers existing loans in one or more of the following areas: consumer, commercial, and real estate loans.**ESSENTIAL DUTIES AND RESPONSIBILITIES*** Acts as direct contact with customers, Lender and Loan Operations through loan process. Performs a variety of customer service activities including responding to requests, researching discrepancies and resolving issues.* Communicates with attorney, if necessary, on document preparation and title work.* Orders loan documentation though Loan Operations. Reviews the final documents noting proper rates, terms and conditions of the loan, ensures appropriate approvals and actions are taken for a successful loan closing.* May assist the Lender with closings. Conducts a pre-closing and a post-closing file review and forwards the file to Central Loans for booking, scanning and filing.* Manages the loan documentation pipeline by updating officer and borrower on loan status, ensuring timely preparation of the loan process.* May be responsible for the servicing of loans, (e.g. payments, insurance, etc).* Prepares payoff quotes and forwards to lenders and/or client.* Monitors loans, partners with Lender to discuss past due ticklers and records documentation. Contacts clients to request financials on past due loans. Forwards financials to Analyst to spread.* Ensures compliance with banking policies, lending practices and regulatory process statutes, such as Patriot's Act.* Maintains knowledge of banking products and services, as well as knowledge of the industries or market areas served. Keeps informed of current developments and market trends, to further identify and service the customer’s needs.## Qualifications**EDUCATION:**High School education or equivalent required.**RELATED WORK EXPERIENCE:**Two plus (2+) years of banking or related experience.**Legend Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment** **without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin**.