What are the responsibilities and job description for the Loan Assistant I or II position at ANB BANK?
ANB Bank has financial strength embodied in $3 billion in assets and is a true community bank with an unwavering commitment to excellence. The bank helps each of its communities prosper through investment, sponsorship, philanthropy, and employee volunteerism. It is a passion ANB has for banking that makes the difference.
ANB Bank hires individuals who provide excellent customer service and build meaningful relationships with our customers and within our communities. ANB is committed to rewarding our team members who strengthen our company and culture. ANB offers competitive compensation and a comprehensive benefits package for this position.
- Hiring Pay Ranges: $19.25 - $25.25 per hour
- Loan Assistant I – $19.25 - $22.63 per hour
- Loan Assistant II – $20.50 - $25.25 per hour
- The hiring pay range for this position is commensurate with the level of relevant experience and education.
- This position may be eligible to receive an additional $1.00 per hour if approved for the Spanish Communication Assistant Program.
Health & Wellness Benefits (Subject to Eligibility Requirements)
- Minimum 4 Weeks of Paid Time Off (PTO)
- 11 Paid Holidays
- Medical, Dental, and Vision Insurance
- Health Savings (HSA), Flexible Spending (FSA), and dependent care spending accounts
- Company provided Life, AD&D, and Disability Insurance with supplementation options
- 401(k) plan with discretionary company match and profit sharing
- Discretionary annual bonus and employee referral incentives
- Employee Assistance Program (EAP)
- Tuition Reimbursement Program
- Spanish Communication Assistant Program Incentive
- Employee Banking Products
Summary
- Provides support to Lenders of the assigned department in loan preparation, processing, closing and maintenance; customer interface with regard to loan processing, closing and general customer service; support for the Retail Lending Team within the capacity of Loan Operations; performing daily operations duties as well as monthly reconciliation of accounts; and customer interface with regard to loan operations and general customer service.
Essential Duties and Responsibilities
- Prepares loan requests and reviews required loan documents with close attention to detail.
- Requests and coordinates loan documentation preparation.
- Orders documentation, such as title policies, flood certifications, lien search, appraisals, insurance, payoff, participation certificate, etc. Alert Lenders to any concerns necessary to ensure security position.
- Books and activates closed loans on bank systems.
- Creates and maintains loan files for completeness. Audits loan files, maintains tickler-tracking system to ensure materiality and accurate financial information for necessary supporting documentation is in the file. Requests updated information for expiring documentation.
- Performs funds transfers between accounts, draws, wires, loan advances, process payments, etc.
- Provides general customer service.
- Delivers quality of service as defined by department standards.
- Maintains a current knowledge and consistent compliance with Bank Secrecy Act (BSA) requirements, as well as knowledge and consistent compliance with other banking regulations and Bank policies and procedures related to the position.
- Delivers quality of service as defined by department standards.
- Maintains confidentiality as defined by department standards.
- Supports the company’s Mission, Vision, and Values.
- Other duties may be assigned.
Education and/or Experience
Loan Assistant I
- 1 year related Banking experience or an equivalent combination of education and experience.
- High School diploma or GED minimum is required.
- Basic technical knowledge and understanding of loan administration functions.
- Proficient in basic computer and technology skills. Experience with Microsoft Office Suite: Word, Excel, Outlook, and PowerPoint preferred.
Loan Assistant II
- Minimum 2 years of loan assistant experience or an equivalent combination of education and experience.
- Strong technical expertise in loan administration functions.
- Proven ability to handle complex credits.
- Proven ability to identify gaps and find solutions.
- Advanced in higher level computer and technology skills. Experience with Microsoft Office Suite: Word, Excel, Outlook, and PowerPoint required.
Equal Opportunity Employer / Affirmative Action / Minorities / Female / Disability / Veteran
ANB Bank is committed to providing Equal Opportunity in Employment. The Bank is continually trying to improve recruitment, employment, development and promotional opportunities for its employees. Our selection decisions are based on job-related factors and not on the basis of age, race, sex, color, religion, national origin, disability, sexual orientation, veteran status, pregnancy, marital status, genetic information, gender identity, or any other status protected by federal, state, or local law.
ANB Bank complies with the Equal Pay for Equal Work Act. ANB Bank requests that Applicant not disclose its wage rate history to ANB Bank. If ANB Bank for any reason comes into possession of Applicant’s wage rate history, ANB Bank will not rely on it in determining a wage rate. ANB Bank requests that applicant not provide information on age, date of birth or graduation date from any academic institution, including on resumes.
Anticipated Date of Application Window Closure: 01/31/2025 (or until filled)
Salary : $19 - $25