Arbor BankLoan Administration Specialist – Commercial Banking Pre-Closing Omaha, NE 68130

Title: Loan Administration Specialist – Commercial Banking Pre-Closing

Reports to: Pre-Closing Loan Admin Manager

Position Type: Hourly

Hours: Monday – Friday, 8 am. – 5 p.m.

Location: Omaha, NE (works on site: 16949 Lakeside Hills Piz., Omaha, NE)

SUMMARY DESCRIPTION:

Loan Administration Specialist - Commercial Business Pre-Closing is responsible for coordinating all aspects related to pre-closing of a loan, coordinating with credit for loan approvals, managing workflow, and ordering docs. The position will engage with customers and answer questions related to both loan and DDA inquiries, coordinate the opening of DDA accounts, and support lenders in portfolio management.

Requirements for a commercial business specialist include good organizational skills, attention to detail, and the ability to communicate clearly and effectively to clients and employees as well as solve problems in a timely manner.

COMPANY SUMMARY: Arbor Bank employs nearly 140 individuals, with 6 branch locations throughout western Iowa and eastern Nebraska – and is the oldest state bank in Nebraska. We’re proud to be a Gallup Strengths organization and promote employee engagement and teamwork in everything we do. Our employees GROW with Arbor Bank by practicing their unique strengths to embody our Core Values: Do What You Do Best, Do Different Better, Be One Team, Take Total Ownership, Embrace Urgency, and Be A Guiding Force. Pay and benefits aren’t the only thing we do right, we also get the intangibles right with a culture, family-like atmosphere and values that are second to none. We’re proud that we plant two trees in a national forest for every new customer. Our core focus is to create raving fans by growing the value in every relationship.

MAJOR RESPONSIBILITIES/JOB DUTIES:

• To work with various officers, attorneys and other third-party personnel to coordinate loan requests and closing.

• Coordinate with credit teams to ensure loans request are in underwriting or fully approved. Collect final loan approval for the file.

• Order docs from doc prep and assist in setting closing dates.

• Collect all due diligence items needed for a loan closing including corporate docs, title, appraisal, appraisal review, credit reports, collateral documentation, serial numbers etc.

• Oversee department workflow and ensure all parties are aware of weekly closings, account openings, underwriting status, and customer calls.

• Ensure that the loan transactions are carried out within the assigned parameters of the bank’s loan policy.

• Answer customer inquiries around loans, DDAs, and general questions.

• To obtain, order, and analyze all the pertinent documentation and to carry out the verification of moderate to complex loan transactions.

• To provide valuable assistance in reviewing, preparing, and maintaining various credit files and to follow up on outstanding items.

• To process advances and disbursements as well as to be involved in preparation of the payoff letters.

• To review the closing documentation to ensure that the term and structure of the loans are in conformance with the policies of the bank.

• May be involved in periodic audits and works with external as well as internal parties to ensure the receipt of the vital loan documents and its final disposition.

• Review due diligence documents including but not limited to purchase contracts, entity documents, lease agreements, UCC searches and title and insurance policies.

• Responsible for safekeeping of original notes and collateral.

• Process adverse action and withdrawn files, including sending out declination letters and filling out adverse action forms.

• Maintain tickler system, including creation of and regular monitoring of ticklers.

• Process loan payments.

• Communicates with Loan officers about discrepancies, customer issues, outstanding ticklers, etc.

• Special projects and other duties as assigned or needed.

• Regular and consistent attendance.

  REQUIREMENTS:

• Needs to be familiar with standard concepts, practices and procedures of lending including, but not limited to, documentation, loan accounting, loan file maintenance, compliance, law and underwriting

• Strong analytical skills and detail oriented

• Ability to work independently

• Ability to handle multiple tasks and prioritize activities

• Ability to communicate with external customers and internal employees in a professional manner

• Ability to problem solve and self-source answers

PHYSICAL DEMANDS:

• Sedentary work that primarily involves sitting/standing.

• Remaining in a stationary position, often standing, or sitting for prolonged periods.

• Communicating with others to exchange information.

• Repeating motions that may include the wrists, hands and/or fingers.

• Assessing the accuracy, neatness and thoroughness of the work assigned.

  TRAVEL—occasionally to other bank branches.

  WORK ENVIRONMENT — no adverse environmental conditions expected.

  Affirmative action plan/equal employment opportunity (AAP/EEO) statement — Arbor Bank maintains a policy of non-discrimination with employees and applicants for employment. No aspect of employment with us will be influenced in any manner by race, color, religion, sex, age, national origin, marital status, disability or any other basis protected by applicable law. We also believe in the principles of the Americans with Disabilities Act (ADA). ADA prohibits employers from unlawfully discriminating against employees or job applicants with disabilities when making employment decisions. We will provide reasonable accommodation to otherwise qualified disabled employees or applicants. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us. www.ArborBanking.com

  Accessibility: If you need an accommodation as part of the employment process please contact Human Resources atPhone: 402-252-8279Email: HR@arborbanking.comEqual Opportunity Employer, including disabled and veterans.If you want to view the Know Your Rights: Workplace Discrimination is Illegal poster, please choose your language:English (https://www.eeoc.gov/know-your-rights-workplace-discrimination-illegal) –Spanish (https://www.eeoc.gov/es/conozca-sus-derechos-la-discriminacion-en-el-lugar-de-trabajo-es-ilegal-0) –Arabic (https://www.eeoc.gov/ar/arf-hqwqk-altmyyz-fy-mkan-alml-ghyr-qanwny) -Chinese (https://www.eeoc.gov/zh-hans/lejienindequanli-zhichangqishishiweifade) English–Spanish (https://www.eeoc.gov/sites/default/files/migrated_files/employers/eeoc_gina_supplement_spanish.pdf) –Chinese (https://www.eeoc.gov/sites/default/files/migrated_files/employers/eeoc_gina_supplement_chinese.pdf) If you want to view the Pay Transparency Policy Statement, please click the link:English (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_English_unformattedESQA508c.pdf)