Demo

FF Loan Administrative Specialist

Frandsen Bank
Baxter, MN Full Time
POSTED ON 1/13/2025
AVAILABLE BEFORE 4/10/2025

Job Duties

  • Scan closed documents and prepare them for couriers
  • Print and organize loan documents
  • Support lenders as needed
  • Answer customer questions related to their loans
  • For new customers, gather CIP / OFAC / Good Standing, etc. as appropriate
  • Reviews loan documentation received from the borrower to make sure all required docs are collected
  • Interacts with customers via phone, email, customer portal, in person and through written correspondence
  • For denied loans, prepare Adverse Action Notice and all related steps as required
  • For approvals, performs Due Diligence steps including but not limited to ordering appraisals, title work, UCC searches, gather entity information and flood determinations
  • Complete Pre-Closing steps including but not limited to BSA and compliance items, FHLB checklist and obtaining proof of insurance
  • Create Credit Memo to request loan doc package from FBT Loan Ops Center for closing
  • Read and has a basic understanding of the Frandsen Bank & Trust Loan Policy
  • Others duties as assigned

Desired Skills

  • Able to multitask and prioritize in a limited amount of time.
  • Excellent organization and communication skills with attention to detail.
  • Knowledge of various software programs used for closing.
  • Knowledge of BSA / AML / CIP and OFAC policies, procedures and regulations.
  • Education

  • High school diploma or equivalent
  • Salary range for this role is $20.25 to $28.00 per hour, depending on experience.

    We offer a competitive benefits package including health insurance, dental insurance, vision insurance, 401k, profit sharing, and ancillary benefits.

    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)

    Salary : $20 - $28

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