Loan Assistant I

southstatebank; United States; On-site; USD 42,000 - 54,000; Full time

Job summary

SouthState Bank is seeking a Loan Assistant I to support the Commercial lending team by handling data entry, document collection, and preparation of files for closings.

This entry-level role offers growth opportunities within our lending organization, with responsibilities spanning client communication, post-closing documentation, and ongoing management of loan files.

Qualifications

• High school diploma or equivalent required.
• Bachelor's degree or banking/finance coursework is an asset.
• Minimum 1 year of experience in banking or lending preferred.

Responsibilities

• Assist in tracking loan pipeline and maturities, ensuring deadlines.
• Collect documentation from borrowers, verify income and IDs.
• Input data into loan processing systems accurately.
• Coordinate closings and disburse funds.
• Provide client support throughout the loan life cycle.
• Support other loan assistants to cover PTO.
• Monitor compliance with lending regulations and bank policies.

Skills

Time management

Organizational skills

Attention to detail

Communication skills

Interpersonal skills

Independent work

Education

High school diploma

Banking/Finance coursework asset

Tools

Microsoft Office

Job description

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions.

We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!

SUMMARY/OBJECTIVES

The responsibility of a Loan Assistant I is to direct the timely processing and fulfillment of Commercial loans. Additional tasks may be assigned at the direction of the Market Leaders. As a Loan Assistant I, you will provide essential support with the deal team with the management of simple commercial loans and basic client relationships. Your primary responsibilities will include collecting and organizing borrower documentation, inputting data into the loan processing system, and assisting with the preparation of loan files for loan closings and funding and the fulfillment of post-closing documentation requirements. You will also serve as a point of contact for clients throughout the life cycle of their lending relationship.

This entry-level role is perfect for individuals looking to start a career in commercial lending, with opportunities for growth and development.

ESSENTIAL FUNCTIONS

PRIMARY RESPONSIBILITIES

• Assist in tracking and management of the loan pipeline, loan maturities, the uninsured reports, and past dues reports , ensuring timely processing and adherence to deadlines.
• Remain knowledgeable of all State and Federal lending and documentation regulations as well as Bank policies and guidelines ensuring compliance
• Collect and organize all necessary documentation from borrowers, such as income verification, credit reports, and identification.
• Input data into loan processing systems accurately and efficiently.
• Provide back-up support to other Loan Assistants to cover PTO requests, and absences.
• Order title searches, UCC searches, appraisals and flood certifications as needed.
• Coordinate closings with lenders, attorneys, insurance agents and clients.
• Initiate the disbursement of closing funds and issues loan proceeds via checks and/or wires.
• Review closed and funded loans for document completion, ensure that loans are booked in a timely and accurate manner.
• Contact settlement agents, register of deeds, and title insurance agencies to obtain post-purchase documentation, as necessary. Maintain a tickler system on any outstanding post-closing documentation (collateral and exception monitoring) and report on status during weekly meetings.

Lender / Customer Support

• Maintain clear and effective communication with lenders (likely 1-2), and other stakeholders throughout the loan process.
• Provide exceptional client service through offering assistance and responding to questions and requests for information.
• Notify clients of any issues or discrepancies that may arise and assist in resolving them.

Culture Champion

• Advocate our culture by providing prompt, efficient, and exceptional customer service.
• Build internal and external relationships with customers.
• Demonstrate a commitment to the Company's core values.
• Strong work ethic, results driven, committed to meeting deadlines and achieving company and department goals.
• Participate with community organizations and in community projects.
• Actively participate in learning and development for continued personal and professional development.

Confidentiality and Compliance

Ensures confidentiality of all sensitive material and matters, directs documents to the appropriate parties, obtains approvals as necessary, and ensures deadlines are met.

Adhere to compliance, security and internal guidelines and requirements for position and applicable compliance and consumer protection regulations, preventing fraud and protecting customer assets.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

COMPETENCIES

SKILLS NECESSARY

• Excellent time management, organizational skills, and attention to detail required.
• Excellent communication, and interpersonal skills.
• Excellent computer skills required, especially Microsoft Office.
• Ability to prioritize tasks, think and work independently.
• Ability to exercise good judgment to analyze and problem solve situations that arise. Ability to exercise personal and professional responsibility and work with limited direction.

Qualifications, Education, and Certification Requirements

Education : A high school diploma or equivalent is required. Bachelor's degree or additional course work in banking, finance or lending is an asset.

Experience : A minimum of one (1) year of