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Business Banking Loan Servicing Representative

Business Banking Loan Servicing Representative

MidWestOne BankIowa City, IA, US
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Business Banking Loan Servicing Representative

The Business Banking Loan Servicing Representative provides administrative and clerical support for commercial bankers for all Business Banking Credit Center loans.

Responsibilities

  • Establishes electronic commercial loans files for commercial bankers.
  • Requests and reviews CIP documentation, credit reports, escrow, abstracts, title opinions, appraisals, and flood certifications.
  • Requests and reviews hazard and flood insurance policies and determines proper coverage.
  • Perfection of title, liens, and mortgages and reconciliation of fees associated.
  • Responsible for loan disbursement and related activities.
  • Assists bankers with compliance and policy requirements.
  • Performs checkback for accuracy of elevated risk documentation / security instruments.
  • Inputs, updates, and reviews data / reports from the document imaging system. This includes scanning and converting file documentation.
  • Be the subject matter expert in the application process in order to assist a seamless experience for our customers both external and internal.
  • Performs other duties as assigned.

Qualifications

  • Associates degree or equivalent combination of education and related work experience.
  • Compensation Range

    Competitive base compensation with additional performance-based incentives (incentives vary depending on role)

    Career development and continuous learning opportunities

    Paid Time Off, Paid Holidays, Parental / Grandparent Leave, and more

    100% vested 401(k) Retirement Plan with 6% company match

    Medical, Dental, and Vision insurance

    Flex spending plan & Health savings accounts with employer contribution

    Student Loan Debt Reduction Program

    Employer provided group life insurance with option to purchase additional life insurance for you and your family members

    Employer provided long term and short term disability insurance

    Additional Insurance options to meet your personal needs : Critical Illness and Accident insurance, and Hospital Indemnity

    Wellness Program

    Free banking services and other financial services discounts

    Take Your Dog to Work Day in June

    Employee Rally Day- a day of celebration and recognition!

    RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE we aspire to create and sustain a culture of respect and belonging that is reflected in the workplace and the communities we serve.

    Let's build something great, together.

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    Loan Servicing Representative • Iowa City, IA, US