Loan Review Assistant I

United Bank of Iowa; Ida Grove (IA); On-site; USD 35,000 - 45,000; Full time

Job summary

United Bank of Iowa is seeking an organized professional to support loan review activities and administrative tasks. The role involves compiling quarterly watch lists, analyzing loan loss reserves, and maintaining important financial reports.

You will assist with lender meetings, document preparation, and maintain strict confidentiality. The position requires a high school diploma or GED and 2–4 years of related experience, plus strong math, writing, and computer skills.

Qualifications

• High school diploma or GED with 2–4 years related experience or training.
• Ability to interpret compliance laws and regulations.
• Solid numerical and analytical skills for loan data.

Responsibilities

• Assist A.V.P. Loan Review and S.V.P. Loan Review with problem loan administration.
• Compile the bank's quarterly loan watch list and loan loss reserve analysis.
• Manage and report on-going status of Problem Loan Reports, UBI Watch List, and FAS 114 Report.
• Perform FSA and USDA reporting.
• Assist with Loan Administration and Lenders meetings, including materials and attendance lists.
• Back-up for Real Estate Appraisal Reviewer as needed.
• Maintain confidentiality on banking matters and follow procedures.
• Promote bank services to satisfy customer needs and enhance the bank's image.

Skills

Reading writing verbal communication

Independent work and teamwork

Interpersonal skills

Computer literacy (word processing, sp

Office equipment familiarity

Confidentiality awareness

Education

High school diploma or GED

2–4 years related experience

Tools

Word processing

Spreadsheet

Database software

Job description

As a member of the UBI team, this position assists the A.V.P. Loan Review and S.V.P. Loan Review with problem loan administration including compiling the bank's quarterly loan watch list and loan loss reserve analysis. Manages and reports on-going status of Problem Loan Reports, UBI Watch List, and the Financial Accounting Standards 114 Report. Performs FSA and USDA reporting. Assists with Loan Administration and Lenders meetings, including accumulating meeting materials/reports, and maintaining an updated attendance list. Serves as back-up for Real Estate Appraisal Reviewer as needed. Follows all bank procedures and maintains confidentiality on all banking matters. Sells and promotes all bank services in such a way as to satisfy customer needs and enhance the bank's image within the community.

EDUCATION/TRAINING/EXPERIENCE:

High school diploma or general education degree (GED) and 2 - 4 years related experience and/or training; or equivalent combination of education, training, and experience.

LANGUAGE SKILLS:

Strong reading, writing and verbal skills to effectively present information and respond to questions from customers, prospective customers, and other employees.

MATHEMATICAL SKILLS:

Count, add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to calculate figures and amounts such as interest and percentages.

REASONING ABILITY:

Comprehend and understand bank operations, policies (manuals), and procedures.

Interpret and apply compliance laws and regulations.

Independent judgment to recognize and maintain confidential information.

Recognize and reconcile problems following established guidelines.

OTHER SKILLS:

Ability to work independently and collaborate within a team to complete tasks effectively and efficiently by building and nurturing strong relationships with other UBI team members.

Interpersonal skills to deal effectively with customers in a friendly, courteous manner.

Good understanding of computer related operations.

Familiarity with standard office equipment such as calculators, typewriters, copy machines and fax machines.

Basic understanding of debits and credits.

Computer skills in word processing, spreadsheet and database software to generate correspondence and reports.

CERTIFICATES, LICENSES, REGISTRATIONS:

None Required.

SCHEDULE:

Monday - Friday: 8:00am - 4:30pm

*MUST HAVE SATISFACTORY BACKGROUND CHECK INCLUDING CREDIT HISTORY*