Loan Assistant

Mid-Missouri Bank; Springfield (MO); On-site; USD 28,000 - 41,000; Full time

Job summary

Mid-Missouri Bank, located in Springfield, MO, is seeking a Loan Assistant to help produce accurate loan documents and support loan processing activities. The role requires maintaining thorough documentation, coordinating with Loan Officers, and ensuring compliance with relevant policies.

The position emphasizes attention to detail, strong communication skills, and the ability to manage multiple tasks in a fast-paced banking environment.

Qualifications

• High school diploma or equivalent required.
• Prior loan processing experience preferred.
• Strong verbal communication skills.
• Detail oriented and organized.
• Ability to multi-task and work under pressure.
• Knowledge of banking regulations is a plus.

Responsibilities

• Create new loan files by preparing documentation for scanning, entry into banking information system, and proper storage.
• Perform quality checks of loan packets, document deficiencies, and resolve exceptions with Loan Officer.
• Track invoicing for credit life sales on loans.
• Complete lien searches and lien filings; maintain current liens by filing continuations and terminations when needed.
• Monitor cancelled insurance policies and initiate timely follow-up with internal parties.
• Assist with reports and audits in evaluating loan operations performance.
• Communicate with loan officers to provide accurate and timely documents to customers.
• Stay current on products, software, and regulation changes through training.

Skills

Verbal communication

Detail oriented

Organization

Time management

Under pressure

Multi-tasking

Technology skills

Education

High school diploma

Job description

Job Details: Job Location: Springfield-Campbell - Springfield, MO 65810, Position Type: Full Time, Education Level: High School, Salary Range: $20.00 - $30.00 Hourly, Job Category: Banking, Description

At Mid-Missouri Bank, we believe great work starts with great people. We’ve built a culture where collaboration, innovation, and a little fun go hand in hand and were giving back to our community is part of who we are.

Why You’ll Love Working Here

• A People-First Culture:We value respect, inclusion, and teamwork. You’ll be supported, heard, and encouraged to bring your authentic self to work every day.
• Community Involvement:From volunteer time to local partnerships, we’re proud to invest our time and talents into the communities where we live and work.
• A Fun Place to Work:Whether it’s team lunches, celebrations, friendly competitions, or casual dress days, we believe enjoying your workplace matters.
• Growth Opportunities:We’re committed to your professional development through training, mentorship, and clear paths for advancement. As we grow, you grow.

Loan Assistants are primarily responsible for producing accurate and completed loan documents for the banks loan customers.

ESSENTIAL DUTIES:

• Create new loan files by preparing documentation for scanning, entry into banking information system and proper storage.
• Complete quality checks of loan packet, document deficiencies, and resolves exceptions with Loan Officer.
• Tracks and completes invoicing for credit life sales on loans.
• Completes lien searches and lien filings; maintains current liens by filing continuations and terminations when needed.
• Monitor cancelled insurance policies and initiates timely follow-up with internal parties.
• When necessary, assists with reports and audits in the evaluation of loan operations performance.
• Carries out responsibilities with professionalism and respect for others in accordance with the Banks policies, practices and applicable laws.
• Communicate with loan officers in a courteous and professional manner to provide accurate and timely documents to our loan customers.
• Stay current on all products, software and regulation changes through training.
• Knowledge of government banking regulations as they apply to consumer and commercial loans.
• Communicate with bank compliance officer to ensure government regulations are being followed.
• Communicate with general counsel to ensure any legal questions are handled properly.
• Knowledge of bank loan policies and procedures and loan products.
• Read loan worksheets and loan memos to prepare accurate loan documents.
• Compare loan worksheet and loan memo to verify uniformity.
• Verify that all information on loan worksheet and loan memo is complete.
• Verify legal identity of persons or entities using the following forms of ID:
  • Articles of Organization or Incorporation
  • Bylaws or Operating Agreement
  • Partnership Agreement, Trust Agreement, Etc.
  • Current Drivers License or other photo ID
• Acquire or prepare proper supporting documentation for safe and sound loans as applicable, including:
  • Application
  • Completed loan worksheet and loan memo
  • Proper approval per policy
  • UCC Search and Filing
  • Title work, HUD, flood determination, insurance, appraisal, appraisal review, auto title, and equipment serial numbers
  • Guarantys
  • Borrowing Resolution
  • Minutes of Meeting
  • Current Certificate of Good Standing.
• Other duties as assigned.

Qualifications: KNOWLEDGE, SKILLS AND ABILITIES:

• Maintain friendliness and professionalism through the proper use of tact & diplomacy when dealing with Loan Officers and Loan Assistants
• Display a positive attitude and enjoy working
• Strong verbal communication skills
• Detail oriented
• Possess a great sense of organization, priority and time management
• Ability to work well under pressure
• Ability to identify, research and problem solve on a critical level and think on your feet
• Ability to be flexible and to multi-task on a regular basis
• Ability to work in a fast paced environment
• Strong technology skills and knowledge

EDUCATION AND EXPERIENCE:

• High school diploma or equivalent required.
• Prior related loan processing experience preferred.

PHYSICAL REQUIREMENTS:

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.