Banking & Commercial Loan Processing Manager jobs in South Dakota

Banking & Commercial Loan Processing Manager assists in the management of the loan processing operations team that originates, processes, and closes various types of loans. Implements processes and procedures to maintain accuracy and completeness of required documentation. Being a Banking & Commercial Loan Processing Manager monitors achievement of operating performance metrics and standards for speed, quality, and customer service. Develops solutions to resolve operational issues. Additionally, Banking & Commercial Loan Processing Manager oversees the preparation of reporting for internal departments and external agencies. Coordinates audit requests and processes. Develops training and communication mechanisms that inform the team of regulatory requirements and updates. May require a bachelor's degree. Typically reports to a manager. The Banking & Commercial Loan Processing Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Banking & Commercial Loan Processing Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)

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Commercial Banking Representative I
  • First Interstate Bank
  • Watertown, SD FULL_TIME
  • **If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

    This position may be located at our Watertown, SD Uptown and Hartford, SD branch.

    What's Important to You

    We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

    • Accrue and use your paid time off (PTO) immediately - no waiting period - plus paid federal holidays in addition to PTO.
    • Child Care Assistance Program for eligible dependent(s).
    • We prioritize wellness by offering eligible employees a monthly stipend, toward a fitness club membership or exercise-related classes.
    • The health and happiness of the places we call home matter to us. Learn a little more about what we do for the and why we want YOU to be a part of it.

    We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

    SUMMARY

    This position functions as the primary daily contact between commercial banking clients and the Bank and assists Commercial Relationship Managers and other positions with servicing the client, for basic loan portfolios. This role is responsible for maintaining and expanding the relationship with clients by providing overall client support services. Develops working knowledge of assigned area and accounts through frequent client contact and execution of standard departmental procedures.

    ESSENTIAL DUTIES & RESPONSIBILITIES include the following: other duties may be assigned.

    • Handles day-to-day client calls, client transactions, and client problem resolution. Responds to client account inquiries, performs account maintenance and research/resolves client problems. May draft letters to clients and handle special mailings.
    • Executes client transactions within delegated authority or applicable department guidelines, escalating to the assigned Relationship Manager (RM) any requests outside specified norms or items requiring Relationship Manager Signature or approval. Transactions may include transfers, withdrawals, distributions, wire transfers, payments, fee waivers/fee refunds, client overdrafts, loan payoffs, monitoring reports, and other loan and account operations requested by clients.
    • Prepares and/or reviews client account documents for meetings between the RM and the client, focusing on completion of signatures, accuracy, and fulfillment of standard regulatory and compliance guidelines.
    • With detailed supervision, assists in obtaining necessary information to process loan applications, such as financial statements, tax returns, business documentation, credit reports, UCC searches, title work, appraisals and flood determinations. May also work with outside counsel, title companies, other product vendors, etc. to request documents needed for loan requests.
    • Orders loan documents in accordance with loan approval conditions. Responds to RM inquiries regarding the status of loans, loan documentation, client accounts, etc.
    • Runs daily, weekly, monthly and quarterly reports. Reviews reports for accuracy and compliance and takes action to update systems or make other corrections.
    • May attend operational and exception meetings and keep abreast of all credit policies and changes associated with overdrafts, wires, ACH service, check kiting, etc.
    • May quote rates on products/services, reconcile client accounts, enter client financial data into databases, and monitor exceptions to company policies.
    • Sets up/maintains client files and/or computer databases in compliance with all applicable company, business line, and department standards. Ensures that there is appropriate client account documentation and that client records are kept up to date. Maintains the security and integrity of all files/databases.
    • Actively ensures compliance with the Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures. Actively participates in any required corporate and business line training in these areas. Understands and follows internal suspicious activity referral requirements and processes, as required for this position. Actively works with clients to understand each client's normal account activity, as appropriate for this position.

    QUALIFICATIONS

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    EDUCATION and/or EXPERIENCE

    High School diploma or equivalent and one plus (1 ) years' banking experience. Basic word processing and spreadsheet skills and experience with department-specific systems preferred; ability to work effectively with individuals and groups across the company to manage client relationships; proficiency with personal computers and related software packages such as Word and Excel.

    LANGUAGE SKILLS

    Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries of complaints of clients, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.

    MATHEMATICAL SKILLS

    Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

    REASONING ABILITY

    Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

    PHYSICAL DEMANDS

    While performing the duties of this job, the employee is regularly required to talk, hear, stand, walk & use hands to finger, handle, or feel. The employee frequently is required to sit. The employee is occasionally required to reach with hands and arms and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.

    WORK ENVIRONMENT

    The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    The noise level in the work environment is usually moderate.

    **If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
    Our company is an equal opportunity employer. Employment here is based solely upon an individual's merit and qualifications directly related to the position. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristics protected by law. We make all reasonable accommodations to meet the obligations set forth under the Americans with Disabilities Act (ADA) and state disability laws.

     

  • 1 Month Ago

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Vice President, Commercial Banking Officer
  • Central Bank
  • Sioux Falls, SD FULL_TIME
  • DescriptionPOSITION SUMMARY The Commercial Banking Officer is responsible for the business development efforts within an assigned market area, culminating in the creation of new or enhanced deposit re...
  • 26 Days Ago

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Commercial Loan Officer
  • The Executive Group
  • Sioux Falls, SD FULL_TIME
  • Commercial Loan Officer, Sioux Falls, SD Successful and growing bank in South Dakota is in need of an additional Commercial Loan Officer to handle an increasing local demand in their Sioux Falls marke...
  • 19 Days Ago

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Ag/Commercial Loan Officer
  • First Savings Banks
  • Bristol, SD FULL_TIME
  • Job Summary: The Ag/Commercial Loan Officer position specializes in providing loans and other banking products to commercial clients across multiple areas, such as business banking, agricultural, and ...
  • 2 Days Ago

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Business Banking Relationship Manager
  • U.S. Bank National Association
  • Rapid, SD FULL_TIME
  • At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succee...
  • 16 Days Ago

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Construction Project Manager
  • Paradigm Commercial Construction
  • Rapid, SD FULL_TIME
  • COMPANY: Paradigm Construction is a commercial general contractor that has been around for 15 years. We’re looking for hard working individuals to fill our construction division vacancies. Current pos...
  • 23 Days Ago

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Processing Manager
  • The Judge Group
  • Holland, MI
  • Summary Reporting to the General Manager, plan, organize, manage and execute egg processing operations for assigned oper...
  • 3/28/2024 12:00:00 AM

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Process Manager
  • Skywire Networks
  • New York, NY
  • Process Manager is responsible for overseeing and managing the company's processes to ensure efficiency, productivity, a...
  • 3/28/2024 12:00:00 AM

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Mortgage Processing Manager
  • Open House Lending Corporation
  • Nottingham, MD
  • Job Description Job Description As a mortgage processing manager, you will manage the processing dept, work with our bor...
  • 3/28/2024 12:00:00 AM

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Manager, Business Process Management - (REMOTE)
  • American Homes 4 Rent
  • Las Vegas, NV
  • AMH Since 2012, we've grown to become one of the leading single-family rental companies and homebuilders in the country,...
  • 3/27/2024 12:00:00 AM

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Processing Manager
  • LHH
  • LHH Recruitment Solutions is currently seeking a Processing Manager in Cumberland County, NJ. This position assumes resp...
  • 3/26/2024 12:00:00 AM

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Processing Manager
  • The Judge Group
  • Eagle Grove, IA
  • Summary Reporting to the General Manager, plan, organize, manage and execute liquid egg processing operations for assign...
  • 3/25/2024 12:00:00 AM

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Management Trainee - Processing
  • Mountaire
  • Lumber Bridge, NC
  • Primary Purpose To gain experience and knowledge in all aspects of vertical integration with special emphasis on Operati...
  • 3/11/2024 12:00:00 AM

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Management Trainee - Processing
  • Mountaire
  • Millsboro, DE
  • Primary Purpose To gain experience and knowledge in all aspects of vertical integration with special emphasis on Operati...
  • 3/4/2024 12:00:00 AM

South Dakota (/- dəˈkoʊtə/ (listen)) is a U.S. state in the Midwestern region of the United States. It is named after the Lakota and Dakota Sioux Native American tribes, who compose a large portion of the population and historically dominated the territory. South Dakota is the seventeenth largest by area, but the fifth smallest by population and the 5th least densely populated of the 50 United States. As the southern part of the former Dakota Territory, South Dakota became a state on November 2, 1889, simultaneously with North Dakota. Pierre is the state capital and Sioux Falls, with a populat...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Processing Manager jobs
$63,640 to $87,067

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Commercial loan processors get into the nuts and bolts of a loan.
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Banking & Commercial Loan Processing Manager in Dothan, AL
Familiarity with accounting software, word processing, and smart-phone apps are a must.
December 28, 2019
Banking & Commercial Loan Processing Manager in Memphis, TN
All lending institutions are required to follow federal lending laws, which include the completion of certain paperwork and the acquisition of the applicable documentation to support the loan.
December 29, 2019