Astra Bank

JOB DESCRIPTION

Apply online http://www.bankwithastra.com/employment

Job Title:                   Lending Assistant

Department:              Lending

Last updated:           03/12/2015

Reports To:              Sr. Loan Officer

Supervises:              N/A

Status:                      Full-Time, Non-Exempt

Job Summary: The main focus of this position is to support the loan officer and add efficiencies to the lending function of Astra Bank, both locally and bank wide.  Assist the loan officer in collecting consumer loan and consumer real estate applications, assist in initial underwriting with the loan officer responsible for review and subsequent approval or denial of the credit.  The position typically requires a minimum of 40 hours of work per week Monday – Friday.  Some Saturday work is also required.

Competencies:

• Organization & Time Management – Actively plans the amount of time spent on responsibilities, especially to increase efficiency or productivity. Can comfortably handle a wide scope of activities, and these include planning, setting goals, monitoring, organizing, scheduling, and prioritizing.
• Attention to Detail – Is known to be accurate most of the time and is not satisfied with their performance when mistakes are made.  Plays a role in correcting & learning from mistakes.
• Customer Service External/Internal– Thrives on finding solutions for customers and non-customers in a timely manner. Looks out for the best interest of the bank and fellow co-workers by giving and requesting assistance in a timely manner.  The main focus of this position is to support the lenders and add efficiencies to the lending function of Astra Bank, both locally and bank wide.
• Values – Committed to bank values and honors the values of others including themselves.
• Communication – Committed to sharing and obtaining information for the overall success of the bank, their co-workers and themselves.

Skills and Abilities:  

• Good telephone skills
• Internal / External customer relations skills
• Desire to work with the public focusing on meeting customer needs
• Good verbal and written communication skills
• Good computer and word processing skills
• Good organizational skills
• Basic knowledge of bank loan products
• Ability to work in a fast-paced environment
• Ability to work well under pressure
• Ability to learn various technology and information systems
• Strong communication skills
• Organizational skills
• Adaptable to change
• Knowledge of various federal regulations including Bank Secrecy Act, Community Reinvestment Act, Americans with Disabilities Act, Right to Financial Privacy Act, Reg Z – Truth in Lending Act, Reg B – Equal Credit Opportunity Act and lending assistant roles and responsibilities relating to each act.
• While performing the duties of this position, the employee is regularly required to alternate sitting and standing.  Must also regularly use hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to reach with hands and arms and talk or hear. The employee is occasionally required to walk and periodically lift 20-40 lbs.

Responsibilities and Duties

• Provides assistance and consultation to loan officers, other lending personnel, auditors and regulatory examiners.
• Reviews loan policy for adequacy Validates that applicable laws and regulations are addressed by   policy
• Order title insurance policies and appraisals; perfect vehicle title liens, UCC lien searches, UCC filings, file real estate mortgages, obtain payoffs and releases, credit reports, OFAC, HELOC checks, Flood Certs, insurance, and other required documents to complete the loan file.
• Submit files to underwriting.
• Monitor the tickler system to make sure we have current documentation.
• Makes suggestions/recommendation for changes/updates/revisions to policy content.
• Based upon underwriting decision, mail adverse action notice to borrowers.
• Post loan payments/advances.
• Prepare payments for real estate closings/loan proceeds.
• Review of new loans that have been booked.
• Set up credit files.
• Coordinate closings.
• Maintain weekly and monthly reports as required by management.
• Review loan files for completeness, accuracy, and compliance standards.
• Help with questions regarding processing loans.
• Provide exceptional customer service to both internal and external customers.
• Follow all bank policies and procedures.
• Other duties as assigned.

Requirements:

• High School diploma or GED; Associate Degree or college preferred.
• Prior loan processing experience preferred.
• One year banking operations experience preferred.
• Experience or knowledge of state and federal deposit account law and other deposit account regulations preferred.

Apply online http://www.bankwithastra.com/employment

Astra Bank is an Equal Opportunity Employer.