Commercial Loan Closer I

**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our Spokane Downtown branch. What’s Important to You We know your career is just one aspect of a meaningful, complex, and demanding life. That’s why we designed our compensation and benefits package to provide employees and their families with as much choice as possible. Accrue and use your paid time off (PTO) immediately – no waiting period – plus paid federal holidays in addition to PTO. Through our Child Care Assistance Program, First Interstate will contribute up to $1,500 per eligible dependent, with a max of $4,500 annually. We prioritize wellness by offering eligible employees $25 per month, or $300 per year, toward a fitness club membership or exercise-related classes. The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it. We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate. SUMMARY This position is the key focal point for all commercial loan closing tasks associated with approval conditions and will pro-actively interact with branch personnel, multiple internal business lines and third- party vendors (i.e., title companies, insurance agent, attorneys), working with some supervision. A Loan Closer will effectively communicate with all parties to expedite the request for loan documentation, while meeting underwriting, bank policy, compliance, and regulatory requirements. This position will follow established guidelines and procedures and will have a basic knowledge of LaserPro, loan documentation, credit policy and bank products. This position is also responsible for creating complete commercial loan document packages, ensuring accuracy, and adherence to approval conditions. Document packages will be for non-complex loan structures but will include all collateral types. ESSENTIAL DUTIES & RESPONSIBILITIES include the following: other duties may be assigned. Receives loan approvals for commercial loans to be prepared for closing. Document packages will be for basic commercial loans. Reviews the approval for loan closing conditions, regulations, appropriate lending authority, and lien perfection requirements and establishes conditions to close. Loan types handled will include unsecured, secured, agricultural, various real estate, small business products, etc. Orders/Obtains and reviews required due diligence items from branch personnel, internal departments, or third-party vendors. Due diligence items include title commitments/title searches, UCC searches, evaluations or real estate appraisals, environmental questionnaires or evaluations, flood determinations, proof of insurance documents, surveys, etc. Provides timely, complete, and accurate responses to inquiries. Creates loan documents for all types of basic commercial loans using the vendor document preparation system (LaserPro). Prepares non-system generated loan documentation for loans as required. Participates in management of commercial tickler system; may include setup of monitored items, updating, and providing exception reporting. Participates in internal and external training to maintain knowledge of Bank products; attends operational and exception meetings and keep abreast of all credit policies and changes. Maintains the integrity of loan data by ensuring all terms of the approved loan are accurately incorporated in the loan closing package. Reviews loan closing package for completion, accuracy and compliance to approval and credit policy. Performs job responsibilities in accordance with established Service Level Agreements. Transfers all credit and due diligence documents to the imaging system, following all protocols. QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EDUCATION and/or EXPERIENCE High School diploma or equivalent and two plus (2 ) years’ banking experience preferred. Basic understanding of credit products, documentation terminology, vendor documents and searches, lien perfection and the document preparation system. Exhibits solid knowledge of applicable local, state and federal regulations, bank policies and procedures, and has the ability to meet deadlines under pressure and correctly prepare loan documents. OTHER SKILLS & REQUIREMENTS Must demonstrate ability to work effectively in a fast paced, production environment and have strong organizational skills, time management skills and strong attention to detail. Strong interpersonal skills including oral and written communication and problem solving a must. Proficiency with personal computers and related software packages, such as Microsoft Office programs and LaserPro, also essential. Ability to prioritize work and remain adaptable under pressure. Able to travel as required. LANGUAGE SKILLS Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to effectively present information and respond to questions from groups of managers, clients, and the public. Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organizations. MATHEMATICAL SKILLS Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, and percent and to draw and interpret bar graphs. REASONING ABILITY Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. PHYSICAL DEMANDS While performing the duties of this job, the employee is regularly required to walk and talk or hear. The employee frequently is required to stand and sit. The employee is occasionally required to use hands to finger, handle, or feel; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision. WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate. COMPENSATION & BENEFITS We offer a competitive total compensation package including base salary and benefits. The pay range for this position is $21.08 to $28.55 per hour in WA and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Benefits include, but are not limited to, medical, dental, vision, 401(k), and Paid Time Off, including Federal holidays. For more information regarding out benefits, please visit https://www.firstinterstatebank.com/company/about/employee-benefits.php. **If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. First Interstate Bank is an equal opportunity employer committed to a diverse workforce and a barrier-free employment process. Employment is based solely on an individual's merit and qualifications directly related to the position. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristics protected by law. We make all reasonable accommodations to meet the obligations set forth under the Americans with Disabilities Act (ADA) and state disability laws. In order to ensure reasonable accommodations for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veterans' Readjustment Assistance Act of 1974, and Title I of the Americans with Disabilities Act of 1990, as amended, individuals that require accommodation in the job application process for a posted position may contact us (406)255-5485, Monday through Friday, 8 am to 5 pm MST or email us at careers@fib.com. All applicants must pass pre-employment screenings including a background check. First Interstate BancSystem participates in E-Verify which will require new employees to verify their identity and employment eligibility through the internet-based system operated by the Social Security Administration (SSA) and the Department of Homeland Security (DHS). E-Verify Notice English or Spanish Right to Work Notice English or Spanish