Business Banking Specialist

## Business Banking Specialist Apply locations:
Edina, MN:
Cambridge, MNtime type:
Full time posted on:
Posted 5 Days Agojob requisition :
R-100767
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* Job Description:

** This person is responsible for providing administrative support to the Business/Commercial Bankers throughout the loan process.
*
* Qualifications:

** This person should have an associate degree and 2 years of relevant experience, or the equivalent.

Experience with lending administration and documentation is preferred.  This person should exhibit knowledge of banking concepts, practices, and procedures, including an understanding of loan policy and guidelines. The ability to interact with customers, bankers, and other professionals is required. Exceptional customer service, communication, attention to detail, and collaboration skills are necessary.
** Principle Responsibilities:
*** Assist Business/Commercial Bankers with loan and credit underwriting documentation including, but not limited to title work, appraisals, etc.
* Initiate and build loan documentation utilizing loan operating software and verify all details (orders, collateral, disclosures, etc.) of initial loan files are complete and accurate according to policies and procedures. Work closely with title company and insurance companies as needed.
* Act as a liaison between bankers and internal departments to coordinate client requests and resolve inquiries. Collaborate closely with internal related departments as loan progresses. Serve as a resource for any funding/post funding questions.
* Follow established procedures and practices for processing business banking products from application to origination.
* Perform additional banking services, including completing advances, initiating wire requests, lien releases, making advances/payments, and transfers as needed.
* Monitor in-process loan files for receipt of complete and accurate documentation for underwriting.  Assist in preparing credit packages for submission to underwriting.
* Monitor all current business loan files and paid loan files to ensure proper maintenance according to established procedures. Monitor reports, provide loan payoffs, and release collateral.
* Assist in preparing annual reviews and work multiple discrepancy lists.
* Remain up to date on system, process, product, and regulatory changes.
* Attend all team meetings and training opportunities as deemed appropriate by the supervisor.
* Act in accordance with FBT policies and procedures as set forth in the employee handbook.
* Adhere to compliance procedures and participate in required compliance training.

The anticipated hourly range for this role is between **$22.87
** and **$30.88**.  This range is a good faith estimate for the position. The actual compensation offered to a candidate may differ based on various factors, including the individual’s relevant experience, training, skills, work location, and other considerations.  For those in eligible roles, we offer incentive compensation based on individual performance.  Furthermore, this role may qualify for a variety of benefits, such as Medical, Dental, and Vision insurance, Health Savings Accounts, 401(k)/ESOP, Paid Time Off, Flexible Work Arrangements, Paid Parental Leave and Student Loan Repayment Assistance.  

Learn more at  areers.
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