Loan Servicing Associate

First PREMIER Bank PREMIER Bankcard; Sioux Falls (SD); On-site; USD 25,000 - 33,000; Full time

Benefits offered by this job

Full medical benefits for 20+ hours

Dental and vision coverage

Paid Time Off

401(k) matching

Volunteer hours

Wellness program

Employee events

Job summary

First PREMIER Bank in Sioux Falls seeks a detail-oriented loan documentation specialist to validate indirect and consumer loan data, ensure accurate setup, and imaging of collateral documents. You will review signatures, ensure pages are complete, and resolve issues like incorrect VIN, supporting a smooth loan lifecycle.

The role emphasizes accuracy, high-volume data handling, and collaboration across departments to improve processes and maintain regulatory compliance.

Qualifications

• Proven ability to analyze discrepancies and identify root causes.
• Clear written and verbal communication with internal teams, vendors, and customers.
• Ability to prioritize and manage multiple tasks.
• Capable of handling high volumes of data with accuracy.
• Strong attention to accuracy and precision when reviewing information.
• Computer literacy with standard office software.
• Basic banking concepts understood preferred.

Responsibilities

• Validate the accuracy of loan data interfaced from the loan origination system to the core accounting system for indirect and consumer single-collateral loans.
• Review documents to ensure required signatures are present and terms match system entries; resolve missing signatures and issues like incorrect VIN.
• Identify and classify document types within loan packets using imaging software; ensure proper imaging, archiving, and compliance with retention standards.
• Participate in required training to stay current on loan documentation procedures and regulatory requirements.
• Monitor loan files and escalate more complex concerns to senior team members to ensure timely loan setup and servicing.
• Suggest process improvements and collaborate with other departments to streamline workflows.

Skills

Discrepancy analysis

Clear communication

Prioritization

Data handling

Attention to detail

Computer literacy

Banking concepts

Education

High school diploma or equivalent

Tools

Office software

Job description

At First PREMIER Bank and PREMIER Bankcard, we've created a culture that emphasizes personal success, respect, health, and wellness, fun and giving back. This is an environment where you will be rewarded, valued, and celebrated for your hard work. We offer a robust and expanded package of health benefits, incentives, paid time off and growth and career advancement opportunities. We celebrate our employees and show our appreciation with private concerts, outdoor bashes, cash and car giveaways and more! See some of our epic celebrations and employee recognitions. Considered one of the nation's strongest financial organizations, we've achieved our success by embodying the views and values of The PREMIER Way. From our CEOs to the newest hires, we all follow these shared views and values to guide us on how to treat our customers, co-workers and communities. The PREMIER Way also serves as a roadmap on how to be successful inside and outside of the workplace. We believe in investing in our employees, their families and our communities.

Job Description: Location: Sioux Falls, SD Shift: Monday - Friday 8:00 AM to 5:00 PM Company: PREMIER Bankcard

About the Role

Services indirect and consumer loans with straightforward collateral requirements. Generates loan documents, validates basic loan data, and ensures accurate setup and imaging of single-collateral loans such as vehicles or personal property, in alignment with lender instructions and internal procedures.

Job Duties and Responsibilities

Essential duties and responsibilities include the following. Other duties may be assigned.

• Validates the accuracy of loan data interfaced from the loan origination system to the core accounting system for indirect and consumer single-collateral loans.
• Reviews all documents to ensure required signatures are present, terms match what was entered into the system, and no pages are missing or incorrect. Independently resolves standard issues such as missing signatures, and incorrect VIN.
• Accurately identifies and assigns document types within straightforward consumer loan packets using specialized imaging software. Reviews documents such as applications, disclosures, security agreements, and collateral documentation to determine its correct classification. Uses tools like barcode generation or drag-and-drop functionality to ensure documents are properly categorized for imaging, archiving, and compliance with retention standards.
• Participates in required training to maintain and enhance job knowledge and compliance awareness. Completes annual in-person training and ongoing online courses to stay current on loan documentation procedures, system functionality, and regulatory requirements relevant to the role.
• Monitors assigned loan files and tasks to proactively identify basic issues or discrepancies in documentation, data entry or system processing. Takes ownership of resolving routine problems and escalates more complex concerns to senior team members to ensure timely and accurate loan setup and servicing.
• Supports process improvement by identifying manual or repetitive tasks within daily workflows and suggesting potential enhancements. Follows guidance to use enterprise workflow tools and collaborates with other departments as needed to gather information and complete tasks efficiently and accurately.

Skills and Qualifications

• Analyzes discrepancies, identifies root causes, and implements solutions.
• Communicates clearly and professionally, both verbally and in writing, with internal teams, vendors, and customers; builds relationships.
• Effectively prioritizes and manages multiple responsibilities.
• Handles high volumes of data and transactions while maintaining accuracy.
• Exhibits a high level of accuracy and precision when reviewing or processing information.
• Demonstrated computer literacy, including the ability to navigate standard office software is required.
• High school diploma or equivalent is preferred.
• Basic understanding of banking concepts is preferred.

Competitive Benefits Package

• Full medical benefits when working 20+ hours per week
• Traditional and High Deductible health plan options available
• FREE dental and vision coverage
• Generous Paid Time Off plans
• 401(k) - dollar-for-dollar match up to 5% of total compensation
• Special discounts and offers for events at the Denny Sanford PREMIER Center
• PREMIER Wellness Program
• Paid Community Volunteer Hours - PREMIER averages 30,000 hours per year
• Fun Employee Parties

Our Culture

• We have an emphasis on personal success, respect, health, wellness, fun and giving back
• Employees are rewarded, valued, and celebrated for hard work.
• Career advancement opportunities is a way PREMIER leaders show they care.
• Appreciation is shown through concerts, outdoor bashes, cash, car giveaways and more.