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Experienced Loan Assistant

Job in Springdale, Washington County, Arkansas, 72766, USA
Listing for: Farmers & Merchants Bank
Full Time position
Listed on 2025-12-31
Job specializations:
  • Finance & Banking
    Loan Servicing, Finance Assistant
  • Administrative/Clerical
    Loan Servicing, Finance Assistant
Salary/Wage Range or Industry Benchmark: 60000 USD Yearly USD 60000.00 YEAR
Job Description & How to Apply Below

Experienced Loan Assistant

Farmers & Merchants Bank (Springdale, AR) – Full‑time role.

Overview

As a Loan Assistant you will work directly with clients and loan officers, assisting in the preparation and processing of loan applications, maintaining records, and ensuring compliance. You’ll provide excellent customer service, coordinate with internal teams, and support the team’s commitment to integrity and teamwork.

Key Responsibilities
  • Prepare loan documents (business, dealer, consumer, commercial real estate).
  • Close loans, disburse proceeds, and file legal documents.
  • Assist customers with loan‑related questions.
  • Maintain customer and department records.
  • Handle phone calls and emails.
  • Process note payments and update computer information.
  • Check credit applications and prepare loan denials.
  • Collect financial information for loan processing.
  • Order required documents such as flood determinations, title insurance, and credit reports.
  • Track documents to ensure timely loan closing.
  • Review documentation for compliance.
  • Prepare loan extensions and modifications.
  • Mail past‑due letters and address loan exceptions.
  • Prepare documentation for the special asset committee.
Qualifications

• Strong customer service orientation and communication skills (verbal and written).

Attention to detail and organizational skills for managing multiple tasks.

• Problem‑solving ability and proactive mindset.

• Adaptability to a fast‑paced environment.

• Experience with loan processing or customer service preferred; not required.

Benefits

Medical, Dental, Vision, 401(k) matching, Life Insurance, Competitive Salary, Paid Time Off.

Seniority level:
Mid‑Senior level

Employment type:

Full‑time
Job function:
Finance and Sales (Banking)

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