Loan Processing & Documentation Specialist

Iowa State Bank; Algona (IA); On-site; USD 36,000 - 56,000; Full time

Job summary

Iowa State Bank in Algona, IA, is seeking a Lending Assistant to support multiple loan teams with processing, documentation, and servicing tasks. You will help prepare loan documents, gather required paperwork, and assist the loan officer in disbursements and reporting.

The role emphasizes accuracy, organization, and strong communication as you collaborate with banking peers to ensure compliant file management across agricultural, commercial, and mortgage lending areas.

Qualifications

• Ability to analyze information, identify workable solutions and select the appropriate course of action in an objective, unbiased manner.
• Advanced customer relationships skills.
• Strong written and verbal communication skills.
• Ability to collaborate with peers and management in a professional manner.
• Ability to demonstrate initiative, diligence, and strong organizational skills.

Responsibilities

• Perform all loan processing, servicing and reporting functions.
• Prepare loan documents and disbursements as directed by the loan officer.
• Ensure the proper documentation is collected and retained for all loan requests. Collect supporting documentation and order services required for loan approval.
• Prepare reports, assist with correspondence, reconcile accounts and provide administrative support to the agricultural, commercial and residential/mortgage loan departments.

Skills

Analytical reasoning

Customer relationship skills

Written and verbal communication

Collaboration

Organizational skills

Education

High school diploma or equivalent

Job description

Iowa State Bank in Algona, IA, is seeking a Lending Assistant to support multiple loan teams with processing, documentation, and servicing tasks. You will help prepare loan documents, gather required paperwork, and assist the loan officer in disbursements and reporting.

The role emphasizes accuracy, organization, and strong communication as you collaborate with banking peers to ensure compliant file management across agricultural, commercial, and mortgage lending areas.