Loan Officer Assistant

TEEMA; Rapid City (SD); On-site; USD 42,000 - 64,000; Full time

Job summary

TEEMA in Rapid City, SD is seeking a Loan Officer Assistant to support a Loan Officer by managing document collection, client communications, and pipeline tracking to ensure smooth loan processing.

Ideal candidates have LOA/loan processor experience, familiarity with Encompass is preferred and MS Office is required. This role focuses on accuracy, timely follow-up, and compliance with lending regulations.

Qualifications

• Prior LOA or Loan Processor background preferred
• Related client-facing background (real estate, title, or insurance) considered
• Strong understanding of mortgage lending guidelines and regulatory standards
• Detail-oriented, proactive problem solver with time management and communication skills

Responsibilities

• File Preparation & Documentation: collect and verify client financial records and assemble loan files
• Stakeholder Liaison: serve as primary contact between loan officers, clients and underwriters
• Compliance & Quality Control: perform pre-closing reviews to ensure policy and regulatory compliance
• Administrative Operations: maintain electronic filing, answer inquiries, generate status reports

Tools

Encompass loan software

MS Office Suite

Job description

Job Title:Loan Officer Assistant
Job ID:90489
Location:Rapid City, South Dakota

Overview:
This client is hiring due to high demand! This LOA will support a successful Loan Officer by managing document collection, client communications, pipeline tracking, and regulatory compliance to ensure smooth, efficient loan processing.

What you will be doing:

• File Preparation & Documentation: Gather, verify, and review client financial records (income, credit, assets). Track missing items and prepare accurate loan files for submission.
• Stakeholder Liaison: Act as the primary point of contact between loan officers, clients, and underwriters. Deliver pipeline updates and manage scheduling.
• Compliance & Quality Control: Perform pre-closing file reviews to ensure full compliance with internal policies and lending regulations.
• Administrative Operations: Maintain electronic document filing, field client inquiries, and generate status reports.

What you must have:

• Prior background as a Loan Officer Assistant (LOA) or Loan Processor highly preferred. Related client-facing background would be considerable, such as real estate, title, or insurance work.
• Proficiency with Encompass loan software (ideal) and MS Office Suite (required).
• Strong understanding of mortgage lending guidelines and regulatory standards, ideal.
• Detail-oriented, proactive problem solver with strong time management and communication skills.

Thank you for your interest in this opportunity. If you are selected to move forward in the process, we will contact you directly. If you do not hear from us, we encourage you to continue visiting our website for other roles that may be a good fit.