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Business Banking Specialist

First Bank & TrustEdina, Minnesota

$23 - $31 / hour

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
On-site
Compensation
$23-$31/hour
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Job Description:

This person is responsible for providingadministrative support to the Business/Commercial Bankers throughout the loan process.

Qualifications: This person should have an associate degree and2 years of relevant experience, or the equivalent. Experience with lending administration and documentation is preferredThis person should exhibit knowledge of banking concepts, practices, and procedures, including an understanding of loan policy and guidelines. The ability to interact with customers, bankers, and other professionals is . Exceptional customer service, communication, attention to detail, and collaboration skills are necessary.

Principle Responsibilities:

  • Assist Business/Commercial Bankers with loan and credit underwriting documentation including, but not limited to title work, appraisals, etc.

  • Initiate and build loan documentation utilizing loan operating software and verify all details (orders, collateral, disclosures, etc.) of initial loan files are complete and accurate according to policies and procedures. Work closely with title company and insurance companies as needed.

  • Act as a liaison between bankers and internal departments to coordinate client requests and resolve inquiries. Collaborate closely with internal related departments as loan progresses. Serve as a resource for any funding/post funding questions. 

  • Follow established procedures and practices for processing business banking products from application to origination. 

  • Perform additional banking services, including completing advances, initiating wire requests, lien releases, making advances/payments, and transfers as needed. 

  • Monitor in-process loan files for receipt of complete and accurate documentation for underwritingAssist in preparing credit packages for submission to underwriting.  

  • Monitor all current business loan files and paid loan files to ensure proper maintenance according to established procedures. Monitor reports, provide loan payoffs, and release collateral.

  • Assist in preparing annual reviews and workmultiple discrepancy lists.

  • Remain up to date on system, process, product, and regulatory changes.

  • Attend all team meetings and training opportunities as deemedappropriate by the supervisor.

  • Act in accordance with FBT policies and procedures as set forth in the employee handbook.

  • Adhere to compliance procedures and participate in required compliance training.

The anticipated hourly range for this role is between $22.87 and $30.88.  This range is a good faith estimate for the position. The actual compensation offered to a candidate may differ based on various factors, including the individual’s relevant experience, training, skills, work location, and other considerations.  For those in eligible roles, we offer incentive compensation based on individual performance.  Furthermore, this role may qualify for a variety of benefits, such as Medical, Dental, and Vision insurance, Health Savings Accounts, 401(k)/ESOP, Paid Time Off, Flexible Work Arrangements, Paid Parental Leave and Student Loan Repayment Assistance.  Learn more at www.bankeasy.com\careers.

Compensation Grade

Hourly Grade 4

First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete Equal Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email hr@bankeasy.com.

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FAQs About Business Banking Specialist Jobs at First Bank & Trust

What is the work location for this position at First Bank & Trust?
This job at First Bank & Trust is located in Edina, Minnesota, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at First Bank & Trust?
Candidates can expect a pay range of $22.87–$30.88 per hour for this role.
What employment applies to this position at First Bank & Trust?
First Bank & Trust lists this role as a Full-time position.
What experience level is required for this role at First Bank & Trust?
First Bank & Trust is looking for a candidate with "Senior-level" experience level.
What benefits are offered by First Bank & Trust for this role?
First Bank & Trust offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Paid Vacation, Parental and Family Leave, and 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at First Bank & Trust?
You can apply for this role at First Bank & Trust either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.