First MidIllinois Bancshares, Inc

Loan Administration Support Officer

First MidIllinois Bancshares, Inc$127K — $159K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in communication, Finance, or Business Administration preferred
  • 5+ years of experience working with commercial loans required
  • Exceptional customer service skills with knowledge of lending policies and regulations
  • Ability to coach, mentor, and train staff effectively
  • Proficient in Microsoft Office and familiar with loan systems and vendors

Responsibilities

  • Coach and mentor Loan Administration team for excellent customer service
  • Develop and conduct training programs and written procedures for loan administration
  • Focus on customer experience by streamlining loan processes and ensuring timely communication
  • Collaborate with Loan Processing, Credit Administration, and Loan Servicing to optimize workflows
  • Assist in onboarding and ongoing training for new staff members
  • Monitor audit results for improvements and communicate findings to teams
  • Conduct meetings with lenders and the Loan Administration team on projects and system updates

Benefits

  • Competitive health, dental, and vision coverage with HSA match
  • 401(k) with employer match and employee stock purchase plan
  • Generous PTO, paid holidays, and parental leave
  • Tuition reimbursement and performance-based bonuses
Full Job Description
Provides specialized support in mentoring, training, and development of the Loan Administration team in support of the Commercial Lending team and customers. Assists Loan Officers in achieving key objectives and is responsible for collaborating to deliver consistent administrative service, enhancing workflow efficiency, fostering collaboration across business lines, and ensuring compliance with lending regulations. Responsibilities include, but are not limited to: Provides coaching and mentoring to the Loan Administration Team to deliver excellent customer service to external and internal customers. Develops and conducts training programs, written procedures, and service level standards for Loan Administration team including but not limited to loan processing, credit administration, policy, compliance, and customer service. Monitors completion of training requirements. Focuses on improving the customer experience by ensuring streamlined loan process, quality control, timely communication, and excellent service. Works with Commercial Loan Processing, Credit Administration, and Loan Servicing to fully utilize system resources including Abrigo and Director and develop efficient workflows. Attend Committee meetings, Roundtables, and other meetings as applicable to ensure timely dissemination of relevant updates and information back to Administration staff. Assists in onboarding new staff members and provide ongoing training to ensure they are well-versed in policies, procedures, and customer service. Monitors results of internal audits for needed improvements and additional training. Responsible for ensuring audit findings have been reviewed with the Loan Officers and Loan Administration team and corrective action has been taken. Responsible for reviewing lending initiatives and working with department heads to set annual goals for Loan Administration across the bank. Assists the Administration team with credit administration and quality control including address changes, exception reports, and other time sensitive tasks by monitoring reports, trends, due dates, etc. Conducts periodic meetings with the Lenders and Loan Administration team on current projects to ensure everyone is informed of system changes and/or applicable regulations. Plays an integral role in loan conversions during acquisitions including due diligence, staffing requirements, system validation, operational changes and training of lending personnel. This includes the development and management of the Loan Administration mentor program for the new team members. Completes required training associated with job function. Performs other related duties as assigned. Qualifications Education/Experience: A bachelor's degree in communication, Finance or Business Administration preferred 5+ years of experience working with commercial loans required. Skills: Exceptional customer service by maintaining thorough knowledge of lending, policies, procedures, and regulatory requirements. Ability to coach, mentor, and train staff. Proficient in Microsoft Office products Thorough understanding of loan systems and vendors Ability to work with a significant amount of detailed information in an accurate, timely and confidential manner. Excellent time management and organizational skills. Sound judgement and decision-making abilities. High level of interpersonal skills to interact with customers, potential customers, real estate professionals, attorneys, and other bank employees in a professional manner. Total Rewards: Competitive health, dental & vision coverage with HSA match 401(k) with employer match + Employee Stock Purchase Plan Generous PTO, paid holidays & parental leave Tuition reimbursement & performance-based bonuses Visit our Total Rewards page to see our full list of benefits Pay Range: $61,300 - $76,600 per hour

About First MidIllinois Bancshares, Inc

MidFirst Bank is a privately owned financial institution based in Oklahoma City, Oklahoma. It is the largest privately owned bank in the United States, with $32.1 billion in assets. Its primary markets include Oklahoma, Denver, Phoenix and Dallas, with commercial lending offices in Atlanta, Boston, Chicago, Cleveland, Houston, New York City, St. Louis, and Southern California. MidFirst Bank has banking centers in Boulder and Edwards, Colorado. Additionally, the bank operates 1st Century Bank of Los Angeles as a division of MidFirst Bank and MidFirst Business Credit of Atlanta as a subsidiary of MidFirst Bank.
Learn more about First MidIllinois Bancshares, Inc
Size
1,050 employees
Market Cap
$655.1 million
Industry
Net Income
$45.2 million
5 Year Trend
+19.4%
NASDAQ

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