Loan Assistant

First Bank
Loan Assistant
Effective Date:
EEO Code: 5b
Job Description: Loan Assistant
Officer Title:
Employee Name:
Reports to:
Location:
FLSA Status: Non-Exempt
Job Status: Full Time
Notes:
All First Bankemployees are required to:
1. Be attentive to our customer needs with awelcoming personality.
2. Possess a team oriented attitude with adesire to see success in themselves and others.
3. Maintain a strict standard ofconfidentiality involving all transactions.
4. Develop a working knowledge of all bankproducts.
Summary: Promotesand maintains positive relations with all contacts, customers and potentialcustomers, prepares loan files, and establishes a rapport with the customer forcross-selling other bank products.
Education Required;Experience and Equipment Skills: Resume Required....

1. High School education or equivalent education or training, or a combination of education and training.
2. At least one year's clerical experience.
3. Basic Accounting knowledge.
4. Satisfactory Credit Bureau and Background report.
5. Typing, 10-key Calculator, Fax Machine, Photocopier, Computer skills required including Word and Excel programs.
6. Critical thinking and using logic and reasoning to complete loan paperwork
7. Good verbal, written and telephone communication skills.
8. Ability to maintain composure and skilled in customer service.
9. Good time management and organizational skills.

Duties andResponsibilities:

1. Maintain a strict standard of confidentiality involving transactions.
2. Produce, prepare and process all documentation for new loans, including consumer, commercial, farm loans, home equity lines of credit and extensions and revisions with completeness and accuracy from beginning to end.
3. Comply with all department and company objectives and goals.
4. Maintain thorough knowledge of federal and state laws and regulations regarding lending policies including a thorough knowledge of RESPA.
5. Professionalism and courtesy in dealing with customers and branches.
6. Ability to work independently and in a team environment.
7. Efficient with software programs including knowledge of Word and Excel.
8. Demonstrate prioritization and time management skills and attention to detail.
9. Research and resolve problems with minimal supervision.
10. May participate in training of new employees.
11. Other Loan Processor Duties:
    1. Work with documentation clerk to clear outstanding exceptions to loan files.
    2. Call attorneys, appraisers and insurance agents.
    3. Organize and set up loan file and file notes.
    4. Prepare loan payments and general ledger tickets.
    5. Understanding of Other Real Estate (ORE) procedures.
    6. Process charge-off transactions and record-keeping.
    7. Construction loans - draw request and procedures.
    8. Document and monitor participations with other lenders.
    9. Preparation of Board Reports.
    10. Flood determination.
    11. Preparation of auto titles and reports.
    12. Financial Statement Requirements.
    13. Appraisals.
    14. Order required credit reports, NADA reports, GEO Coding.
    15. Check and review of signed noted and loan files to ensure compliance and accuracy (second audit required on some loans).
    16. Order and Mail Coupon Books.
    17. Work insurance and flood cancellations (send required notices on food cancellations).
    18. Document tracing - loan exceptions.
    19. Check loan tickets.
    20. Paid out loans.
    21. Prepare Adverse Action Notices.

Secondary orAdditional Job Duties:
1. Thisjob description in no way states or implies that these are the only duties tobe performed. You will be expected to follow any other job-related instructionsand to perform other job-related duties as requested by management.
Statement ofUnderstanding:
Iunderstand that the above duties and how I perform them are the requirements onwhich my performance will be judged. It is understood that these duties may berevised from time to time at the discretion of the Bank's management.
Employee's Signature Date
Reviewing Planters Bank Representative Date
FIRST BANK MCCOMB MISSISSIPPI is an EEO employer - M/F/Vets/Disabled