Loan Processor II

About the position

First Bank of Montana is hiring a Loan Processor II to be an integral part of our team! The position can work from any of our ten branch locations in Lewistown, Chinook, Choteau, Fairfield, Vaughn, Fort Benton, Chester, Big Sandy, Conrad, or Plentywood, Montana. This position involves providing loan support for multiple branches in our bank division and requires a positive attitude and great customer service skills. The ability to work in a team atmosphere and promote the bank's products and services is required. The successful candidate will have extensive contact with bank staff in multiple locations as well as contact with external customers. Professionalism, confidentiality, good attendance, punctuality, flexibility and adaptability are a must!

Responsibilities

• Ensure the accurate and timely preparation of various loan documents, including real estate, consumer, agricultural, and commercial loans.
• Work closely with the loan team to ensure that all loan files are complete, comply with regulatory and internal standards, and are ready for closing.
• Process real estate, consumer, agricultural and commercial loans using bank software.
• Review loan documents prior to closing to ensure all necessary information and documents are accurate and in place.
• Ensure all associated documentation is properly completed and in compliance with applicable regulations, state laws, internal audit and Division and Corporate policies and procedures.
• Collaborate closely with the loan team to ensure timely and efficient processing of loans and timely resolution of any document-related issues.
• Maintain up-to-date knowledge of loan products, regulations, and best practices to ensure that loan documentation is compliant with applicable laws and guidelines.
• Assist in gathering additional documents as requested by loan officers or the closing team, ensuring the accuracy of the information provided.
• Prepare and process monthly and quarterly reports as assigned.
• Coordinate with the loan closing team to ensure all loan files are complete and ready for timely closing.
• Ensure any necessary amendments or corrections to loan documents are processed in a timely manner.
• Respond promptly to inquiries from loan officers, management, and other stakeholders regarding loan documentation and loan status.
• Complete other duties as assigned by management, ensuring that all loan-related tasks are executed with accuracy and efficiency.

Requirements

• High School Diploma or Equivalent.
• Banking Experience Preferred with preference given to those with loan support experience.
• Ability to work quickly and accurately.
• Ability to understand and follow written and oral instructions.
• Strong verbal and written communication skills.
• Good working knowledge of Microsoft applications such as Word, Excel, Outlook, etc. and the ability to learn new systems/applications.
• Ability to have a broad knowledge of banking regulations.

Benefits

• Medical, dental, vision, and life insurance.
• Health savings account option.
• Employee Assistance Program (EAP).
• Health rewards program.
• 401(k) retirement savings plan.
• Discounts on banking products and services.
• Paid Time Off (PTO) and holidays.