Loan Processing Associate - Hybrid

Full Time
Madison, WI 53719
Posted
Job description

Join us today as a Loan Processing Associate - Hybrid!

First Business Bank is a Top Workplaces USA company, learn more here.

At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority — they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other’s differences, and a focus on improving our communities, we are confident you’ll find the experience is your advantage. We’re delighted you’re considering joining us!

OVERVIEW
This role requires 3 days per week at our Madison location; therefore, a local candidate is required.

The Loan Processing Associate performs the booking and funding of leases and loans to the applicable systems and services the loans and leases on an ongoing basis. This is a fast-paced department where loans are expected to be funded within 24 hours and no client contact will be expected.

Essential responsibilities of the Loan Processing Associate:

Loan Documentation

  • Determine loan request has appropriate approval as required by loan policy. Review loan documents for accuracy and completeness post closing.
Book Loans
  • Set up and book loans to the loan system according to bank guidelines accurately and in a timely manner. Wire funds, write checks and request cashier’s checks in order to distribute funds as requested by the loan officer.

Loan Filing

  • Create or add to existing loan file and forward documents to other Review Representatives for editing and final review. Identify ticklers for Credit Quest tracking - tracking missing or unrecorded documents and loan policy and documentation exceptions.

Position Requirements:

  • Associate’s degree in Business required
  • Ability to work independently and use independent judgment with minimal supervision
  • Demonstrated success with written communication, and ability to assess and analyze information, formulate conclusions and recommendations, and prepare well-written reports that will be reviewed and presented

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