Loan Doc Prep Specialist

First International Bank & Trust


Date: 1 week ago
City: Fargo, ND
Contract type: Full time
First International Bank and Trust is a progressive growth-oriented family-owned community bank and one of Prairie Business Magazine's 50 best places to work.

Join our team as a Loan Documentation Prep Specialist. In this role, you’ll be instrumental in preparing and reviewing complex commercial, commercial real estate, and agricultural loan documentation, ensuring compliance with credit approvals and bank policies. If you thrive in a detail-oriented environment and enjoy collaborating with loan officers to deliver seamless closings, we’d love to hear from you.

This is an in-office position.

Key Responsibilities

  • Understand and identify loan documents pertaining to all types of loan requests
  • Review and understand all types of commercial, commercial real estate and agricultural loan terms, conditions and financial components as detailed in credit approval documents
  • Identify potential problems, solutions and any missing documentation required to produce a fully executable closing document package
  • Create loan document package for each approved loan that complies with the loan’s approved terms and conditions as well as bank policy. Documentation may include, but is not limited to, notes, security agreements/mortgages, guarantees, assignments, stock powers, account holds, UCC filings and subordination agreements, closing instructions and other supporting documents.
  • Demonstrate a level of expertise of loan documentation language and interact with loan officers to review potential changes.
  • Stay up to date on policy and procedure changes

Qualifications

  • Education: An associate degree in a related field such as finance, business, or accounting is preferred.
  • Experience: A minimum of four years of experience in lending, loan documentation, or a closely related area is required.
  • Equivalent Combination: A comparable mix of relevant education and hands-on experience will also be considered.

First International Bank and Trust is a family-owned full-service Community Bank with locations in ND, MN, SD, and AZ. We show our employees we care by providing competitive benefits and training and growth opportunities.

Here are the things we offer within our full-time benefits package:

  • Health, Dental & Vision
  • 401K Retirement Plan with Employer Match
  • Paid Parental Leave
  • Life and Disability Insurance
  • Generous PTO and Holiday pay

If you are interested in learning more, you can apply or if you have questions before applying you can reach out directly at [email protected].

Equal Opportunity Employer

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