Loan Officer Assistant

Granite Bank; United States; On-site; USD 33,062 - 44,083; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Job summary

A community bank in the United States is seeking a Loan Officer Assistant to provide essential administrative support for loan officers. The role involves managing documentation, coordinating client communication, and ensuring smooth loan application processing. Ideal candidates will have strong organizational and communication skills, with proficiency in MS Office and Encompass. The position offers a full-time employment opportunity with competitive benefits, including medical insurance and a 401(k). Join us to help individuals achieve their financial goals.

Qualifications

• Prior LOA or Processing Experience.
• Strong organizational and multitasking skills.
• Excellent verbal and written communication abilities.
• Attention to detail and ability to work under deadlines.
• Knowledge of lending guidelines and regulations is a plus.

Responsibilities

• Assist loan officers in gathering and reviewing client financial information.
• Prepare and organize loan applications for submission.
• Maintain regular communication with clients.
• Organize and maintain loan files in compliance with company policies.
• Act as a liaison between loan officer, underwriters, clients, and other parties.
• Handle administrative tasks such as emails, phone calls, and client follow-ups.

Skills

Client service orientation

Attention to detail and accuracy

Time management

Proactive problem-solving

Knowledge of financial and lending procedures

Tools

MS Office Suite

Encompass

Job description

This range is provided by Granite Bank. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$24.00/hr - $32.00/hr

Direct message the job poster from Granite Bank

Reports To: Branch Manager, Sheehan Branch

Employment Type: Full-Time

About Granite Bank:

Granite Bank is one of the fastest-growing banks in Minnesota! We’re a locally owned community bank, and we’re growing our team of people on a mission to help as many people as possible achieve their financial and homeownership goals. We live by our core values: accessibility, agility, transparency, family feel, and empowerment. Whether it’s expanding our product line or having fun company events, we’re prepared to adapt to an ever-changing industry while keeping our people first. Come join us!

Position Summary:

The Loan Officer Assistant provides administrative support to loan officers by managing documentation, coordinating communication with clients, and ensuring that loan applications are processed smoothly and efficiently. The assistant works closely with loan officers to gather required information, prepare loan files, and ensure compliance with all lending regulations. This role requires excellent organizational skills, attention to detail, and strong communication abilities.

Key Responsibilities:

Loan Application Support:

• Assist loan officers in gathering and reviewing client financial information, such as income verification, credit reports, and other documentation.
• Prepare and organize loan applications for submission, ensuring completeness and accuracy.
• Maintain regular communication with clients, updating them on the status of their loan applications and addressing any questions or concerns.

Document Management:

• Organize and maintain loan files in compliance with company policies and regulatory guidelines.
• Upload, scan, and file important loan-related documents electronically.
• Track and follow up on outstanding documents and missing information.

Coordination and Communication:

• Act as a liaison between the loan officer, underwriters, clients, and other parties involved in the loan process.
• Schedule appointments, meetings, and calls for the loan officer.
• Provide regular updates on loan status to all relevant stakeholders.
• Compliance and Quality Control:
• Ensure all loan applications comply with regulatory requirements and company policies.
• Assist in conducting pre-closing reviews to ensure accuracy and completeness of loan documents.

Administrative Support:

• Handle administrative tasks such as emails, phone calls, and client follow-ups.
• Prepare and distribute reports related to loan pipelines, status updates, and pending applications.

Experience:

• Prior LOA or Processing Experience
• Encompass Experience
• Strong organizational and multitasking skills.
• Excellent verbal and written communication abilities.
• Proficiency in MS Office Suite (Word, Excel, Outlook) and loan processing software.
• Attention to detail and ability to work under deadlines.
• Knowledge of lending guidelines and regulations is a plus.

Skills:

• Client service orientation
• Attention to detail and accuracy
• Time management
• Proactive problem-solving
• Knowledge of financial and lending procedures

Granite Bank is an Equal Opportunity Employer

Note: This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Finance

Benefits

• Medical insurance
• Vision insurance
• 401(k)