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Loan Associate

First International Bank & TrustStaples, MN

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
On-site
Benefits
Career Development

Job Description

First International Bank & Trust is seeking a Loan Associate to support our lending team in Staples. This position plays a key role throughout the loan process by helping coordinate loan documentation, collateral processing, funding activities, and loan servicing support. Working closely with Loan Officers, Credit Analysts, Loan Operations, and customers, theLoan Associate helps ensure loans are processed accurately, efficiently, and in compliance with bank requirements. This is an excellent opportunity for someone with banking, lending, financial services, or administrative experience who is interested in building a career in commercial, agricultural, and consumer lending.Key Responsibilities

Support Commercial, Agricultural, and Consumer Lending staff throughout the loan process.Gather, review, and maintain borrower, financial, and collateral information.Enter and update loan information within bank systems for documentation and underwriting purposes.Coordinate with Loan Officers, Credit Analysts, and Loan Operations to prepare and process loan documentation.Assist with loan closings, funding activities, and post-closing documentation.Ensure collateral and lien documentation is properly recorded and maintained.Monitor exception reports, ticklers, and outstanding documentation requirements.Scan, index, and maintain loan files in accordance with bank policies and regulatory requirements.Respond to customer inquiries and provide administrative support to the lending team.

Qualifications

High school diploma or equivalent required.Associate degree in business, finance, accounting, office administration, or a related field preferred.One to three years of experience in banking, lending, financial services, loan processing, loan operations, title work, insurance, legal documentation, or a related administrative role preferred.Experience supporting Commercial, Agricultural, Consumer, or Small Business lending activities is preferred but not required.Experience preparing, reviewing, processing, or maintaining loan, collateral, financial, title, insurance, or other legal documentation preferred.Experience using Microsoft Office and business software applications required.An equivalent combination of education and relevant experience will be considered.

Actual compensation will be based on the candidate's qualifications, experience, and level of lending knowledge.

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FAQs About Loan Associate Jobs at First International Bank & Trust

What is the work location for this position at First International Bank & Trust?
This job at First International Bank & Trust is located in Staples, MN, 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 International Bank & Trust?
Employer has not shared pay details for this role.
What employment applies to this position at First International Bank & Trust?
First International Bank & Trust lists this role as a Full-time position.
What experience level is required for this role at First International Bank & Trust?
First International Bank & Trust is looking for a candidate with "Senior-level" experience level.
What benefits are offered by First International Bank & Trust for this role?
First International Bank & Trust offers Career Development 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 International Bank & Trust?
You can apply for this role at First International 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.