Loan Assistant - Pawleys Island

South Atlantic; South Carolina; On-site; USD 40,000 - 55,000; Full time

Job summary

A leading banking institution in Pawleys Island is seeking a dedicated individual to assist the market executive with loan documentation and credit analysis. The role requires excellent customer service skills and proficiency in Microsoft Office. The successful candidate will ensure compliance with banking regulations and provide administrative support to the market executive.

Qualifications

• Three or more years of commercial, small business, and/or consumer loan related experience.
• Proficiency with computers including Microsoft Office.

Responsibilities

• Assist with gathering information and loan documentation for credit analysis.
• Prepare and close consumer and commercial loan requests.
• Ensure compliance with all applicable regulations.

Skills

Customer Service

Communication

Organization

Multi-tasking

Education

High School Diploma

Tools

Microsoft Office

Jack Henry

Job description

Job Details

Job Location: Pawleys Island - Pawleys Island, SC

Position Type: Full Time

Education Level: High School

Salary Range: Undisclosed

Travel Percentage: None

Job Shift: Day

Job Category: Banking

Description

JOB SUMMARY

Assist market executive and designated personnel with the gathering of information and loan documentation for credit analysis, underwriting, closings and maintenance of commercial and consumer loan portfolio, client information, and loan files. Provide administrative support to market executive.

Direct Reports: None

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Working with Market Executive, customers, and others to obtain required information and documentation necessary to properly analyze commercial and consumer credit requests.
• Review, understand, verify, and accurately interpret required insurance, corporate organizational documents, and any other documentation necessary per loan type.
• Ensure loan requests are reviewed for HMDA Reporting and compile HMDA Data as applicable.
• Review requests with lender for thorough understanding of credit and aid in facilitating the timely submission of complete applications to processing.
• Prepare and close consumer and commercial loan requests, input loans to OnBoard and Credit Leader as needed.
• Work closely with the loan processing staff to ensure efficient, thorough, and accurate preparation of loan documentation in accordance with loan approval.
• Perform ancillary duties for each loan request including but not limited to: pull credit reports, request appraisals, perform environmental due diligence, good standing checks for all entities related to a loan transaction, and verifying accuracy of customer information files in SilverLake.
• Regularly reviews financial and document exception reports to insure timely clearing of items, communicating with clients, attorneys and other vendors as necessary.
• Monitor past due and maturing loan reports to assist lender with collecting payment and/or addressing credits in a timely manner for processing files requiring renewal, modification or extension.
• Process funding new loan proceeds and fees via online entries, wire transfer, or check, including for non-real estate closings.
• Work in conjunction with Construction Loan Administration as needed to provide ongoing monitoring and administration of construction loans for lender’s portfolio in accordance with regulatory guidelines, bank policy and procedures.
• Coordinate loan closings with attorney offices and pick up closing packages from attorney as needed
• Assists branch staff with loan-related questions and accurate loan payment posting.
• Answering phone and written inquiries concerning loan processing, servicing, loan advances, and information or file maintenance.
• Completes and submits adverse action files on all denied or withdrawn requests.
• Provides administrative support to market executive to include completing expense reports, typing correspondence, and submitting sponsorship and membership documents to accounting
• Ensures compliance with all applicable regulations within area of responsibility.
• Perform other related duties as required or assigned.

Qualifications

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• High school diploma or equivalent
• Three or more years of commercial, small business, and/or consumer loan related experience
• Experience and desire to deliver consistent excellent customer service to internal and external customers
• Excellent communication, organization, multi-tasking and prioritization skills
• Proficiency with computers including Microsoft Office (Word, Excel, Outlook, etc.)
• Knowledge of Jack Henry and other loan related systems, such as OnBoard, is preferred
• Familiarity with lending documentation requirements, federal and state regulations and bank lending guidelines

AAP/EEO STATEMENT

This statement of policy reaffirms South Atlantic Bank’s policy of equal employment opportunity in employment, compensation, training, transfers, promotions and all other aspect of employment regardless of race, color, religion, national origin, age, sex, veteran status, physical or mental handicap/disability and to state that we do carry out this policy at South Atlantic Bank. This policy also applies to all company-sponsored activities such as educational programs, tuition aid and social and recreational activities.