What are the responsibilities and job description for the Loan Servicing Assistant position at Bravera?
Bravera Bank is hiring for a Loan Servicing Assistant in Bismarck/Mandan or Dickinson, ND. Bravera is an employee- and director-owned company that is committed to helping our employees forge a new path in their career. We work together to drive continuous improvement which enhances the customers experience and keeps our organization moving forward.
The Loan Servicing Assistant is primarily responsible for loan servicing responsibilities in the business and agricultural banking department. This will include balancing of designated accounts, maintaining workflow and collateral tracking and processing of payments, and providing support to other loan administration staff if needed.
Measures of Success
- Ability to prioritize job duties and meet deadlines.
- Knowledge and understanding of servicing duties and core system functionality.
- Understanding of bank loan policies, procedures and regulatory requirements.
Duties and Responsibilities
- Reconciling G/L-Loan Settlement, Loan Unposted, Loan Participation Payable, CLA Closing Account, Letters of Credit.
- Post-funding loan review pertaining to approvals, loan docs and booking of loans.
- Monitoring collateral tracking system–all aspects of UCC processing including reconciling of UCC credit card, obtain current insurance policies and monitoring payment of real estate taxes.
- Process payments made online and payments dropped into loan settlement for Commercial and Ag loan customers.
- Serve as backup for review of Sold Participation loan advances/payments for accuracy and request/send funds from/to the Participant banks.
- Monitoring assigned reports for exceptions.
- Dissemination of reports to officers and loan assistants regarding their customer lists.
- Perform monthly reconcilements of internal CLA Checking Accounts.
- Must be a self-starter, readily accept responsibility and work assignments. Must be accurate, have the ability to prioritize and efficiently organize work assignments, work under pressure and meet deadlines.
- Must be able to learn new job tasks and offer suggestions on how to improve overall performance with existing job tasks/assignments.
- Contribute to the overall success of the department and organization by promoting teamwork and also participating in bank committees and community events.
- Responsible to understand and adhere to bank policies, procedures and state/federal regulations through continued education and training. In addition, the employee will be proactive in the prevention of illegal activities, will vigilantly look for activities that may constitute any type of fraud including money laundering, and will report any suspicious activity to the BSA Officer.
Qualifications
- Education: High School diploma or equivalent with a two-year associate degree required; a four-year degree in business or a related field preferred.
- Experience: 1-3 years bank experience or previous administrative experience.
- Skills/certifications: Strong attention to detail and strong communication skills.
Location
Bismarck/Mandan or Dickinson, ND
Benefits
To support this, we provide a competitive and rewarding compensation package which includes a competitive salary, incentive compensation opportunities, retirement plan with company match, health insurance, paid holidays, paid time off (PTO), paid community volunteer time and stock opportunities. As a learning organization, we are committed to investing in the growth and development of our team members, offering training opportunities and tuition reimbursement.
Our Values
- Give and earn trust. We support and empower one another to earn trust through accountable performance.
- Learn, teach and mentor. We are a learning organization that invests in growth and development.
- Collaborate and innovate. We work together to drive continuous improvement to enhance your experience.
Want to learn more about careers with Bravera? Go to bravera.bank/careers.
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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing or action, including an investigation conducted by the employer or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c).
