Loan Assistant II (LOANA013056)

Centennial Bank

Batesville (AR)

On-site

USD 35,000 - 50,000

Full time

14 days+
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Job summary

Centennial Bank is seeking a Loan Assistant II in Batesville, AR. The role involves supporting commercial lending by verifying and compiling loan applications, processing documentation, and ensuring regulatory compliance. Ideal candidates should possess strong communication skills and relevant experience in banking or finance.

Qualifications

  • High school diploma or GED required.
  • 5 years related experience preferred.
  • Notary Public preferred.

Responsibilities

  • Assist commercial lenders with loan applications.
  • Verify, compile, and complete loan applications.
  • Process loan documentation and handle inquiries.

Skills

Communication
Mathematical skills
Critical thinking
Time management
Attention to detail

Education

High school or GED

Tools

Word Processing
Spreadsheet

Job description

Join to apply for the Loan Assistant II (LOANA013056) role at Centennial Bank

1 month ago Be among the first 25 applicants

Join to apply for the Loan Assistant II (LOANA013056) role at Centennial Bank

This job was posted by https://www.arjoblink.arkansas.gov : For more

information, please see: https://www.arjoblink.arkansas.gov/jobs/4458789

The Loan Assistant II is responsible for assisting commercial lenders.

The Loan Assistant II verifies, compiles, and completes loan

applications. In addition, this position will prepare new loan requests

to submit to loan processing, review the loan file to verify that data

is complete and meets established standards. The Loan Assistant II

processes documentation of loans and extensions. This position closes

loans and prepares for booking. The Loan Assistant II computes payment

and interest, handles telephone inquiries promptly and professionally.

**ESSENTIAL DUTIES AND RESPONSIBILITIES**

1\. Review completed LOM for accuracy. This duty is performed daily,

about 5% of the time.\

  • Order supporting documentation. This duty is performed daily, about

10% of the time.\

  • Submit LOM to loan ops. This duty is performed daily, about 10% of

the time.\

  • Perform pre-funding review. This duty is performed daily, about 15%

of the time.\

  • Close loan if needed / Fund Loan. This duty is performed daily, about

10% of the time.\

  • Prepare loan package for shipping and booking. This duty is performed

daily, about 15% of the time.\

  • Pull maturity and past due reports. This duty is performed daily,

about 5% of the time.\

  • Inform officer of required documentation for loan renewals. This duty

is performed daily, about 5% of the time.\

  • Prepare basic Loan Offering Memorandum. This duty is performed daily,

about 5% of the time.\

  • Assist in clearing collateral / credit exceptions. This duty is

performed daily, about 5% of the time.\

  • Process draw requests / loan payments / transfers. This duty is

performed daily, about 5% of the time.\

  • Handle loan research issues / questions. This duty is performed

daily, about 5% of the time.\

  • Forward documents to loan ops for scanning. This duty is performed

daily, about 5% of the time.\

  • Completes required BSA/AML training and other compliance training as

assigned. This duty is performed annually.\

  • The ability to work in a constant state of alertness and in a safe

manner.\

  • Perform any other related duties as required or assigned.

**QUALIFICATIONS**

To perform this job successfully, an individual must be able to perform

Each Essential Duty Mentioned Satisfactorily. The Requirements Listed

below are representative of the knowledge, skill, and/or ability

required.

**EDUCATION AND EXPERIENCE**

High school or GED, plus specialized schooling and/or on the job

education in a specific skill area; e.g. data processing,

clerical/administrative, equipment operation, etc, plus 5 years related

experience and/or training, or equivalent combination of education and

experience.

**COMMUNICATION SKILLS**

Ability to read and understand documents such as policy manuals, safety

rules, operating and maintenance instructions, and procedure manuals;

Ability to write routine reports and correspondence. Ability to

effectively communicate information and respond to questions in

person-to-person and small group situations with customers, clients,

general public and other employees of the organization.

**MATHEMATICAL SKILLS**

Ability to add, subtract, multiply and divide numbers. Ability to

perform these mathematical skills using money and other forms of

measurement.

**CRITICAL THINKING SKILLS**

Ability to utilize common sense understanding in order to carry out

written, oral or diagrammed instructions. Ability to deal with problems

involving several known variables in situations of a routine nature.

**REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS**

Not indicated.

**PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS**

Notary Public

**SOFTWARE SKILLS REQUIRED**

Intermediate: Word Processing/Typing

Basic: 10-Key, Accounting, Alphanumeric Data Entry, Contact anagement,

Database, Spreadsheet

**WORKING CONDITIONS**

Somewhat disagreeable working conditions. Continuously exposed to one or

two elements such as noise, intermittent standing, walking; and

occasional pushing, carrying, or lifting.

**ENVIRONMENTAL CONDITIONS**

The following work environment characteristics described here are

representative of those an employee encounters while performing

essential functions of this job. Reasonable accommodations may be made

To Enable Individuals With Disabilities To Perform The Essential

functions.

The noise level in the work environment is usually moderate.

**ADDITIONAL INFORMATION**

\- Previous loan or loan documentation experience\

  • Good understanding of financial institution products and services\
  • Time management: the ability to organize and manage multiple

priorities\

  • Excellent proof-reading skills and attention to detail\
  • Strong team player\
  • Basic computer proficiency

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance and Sales
  • Industries
    Banking

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