**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
This position is a hybrid work model based at our Boise, ID Overland Rd. 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.
Generous Paid Time Off (PTO) in addition to paid federal holidays.Child Care Assistance Program for eligible dependent(s).Exercise reimbursement program for employees.The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve 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
The Business Banking Lending Loan Closer III is the key focal point for all commercial loan closing tasks associated with approval conditions and will proactively interact with branch personnel, multiple internal business lines and third-party vendors (i.e., title companies, insurance agent, attorneys), working with minimal supervision. This position will effectively communicate with all parties to expedite the request for loan documentation, while meeting underwriting, bank policy, compliance, and regulatory requirements.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Receives loan approvals for commercial loans to be prepared for closing; document packages will be for all levels of complexity.Reviews the approval for loan closing conditions, regulations, appropriate lending authority, lien perfection requirements and Small Business Administration (SBA) requirements, and establishes conditions to close; loan types handled will include unsecured, secured, SBA, construction, guidance lines, agricultural, various real estate, flooring lines, etc.Ensures the documents requested for loan structures and collateral types are appropriate.Orders and obtains required due diligence items from internal groups or third-party vendors; due diligence items include title commitments and title searches, UCC searches, evaluations or real estate appraisals, environmental questionnaires or evaluations, flood determinations, proof of insurance documents, surveys, etc.Provides timely, complete, and accurate responses to inquiries.Creates loan documents for all types of commercial loans, for all levels of complexity, using the vendor document preparation system (LaserPro).Prepares non-system generated loan documentation for loans as required.Participates in management of commercial tickler system; may include setup of monitored items, updating, and providing exception reporting.Performs additional job responsibilities associated with specific regulations; may include detailed reviews, quality control, exception reporting, data input, and additional training.Participates in internal and external training to maintain knowledge of Bank products; attends operational and exception meetings and keep abreast of all credit policies and changes.Maintains the integrity of loan data by ensuring all terms of the approved loan are accurately incorporated in the loan closing package.Reviews loan closing package for completion, accuracy, and compliance to approval and credit policy.Performs job responsibilities in accordance with established Service Level Agreements.Assists with development and maintenance of procedures and training materials.Assists with mentoring and training other team members, new, and existing.Transfers all credit and due diligence documents to the imaging system, following all protocols.
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.
KNOWLEDGE, SKILLS AND ABILITIES
Demonstrate ability to work effectively in a fast-paced, production environment and have strong organizational skills, time management skills and strong attention to detail.Strong interpersonal skills including oral and written communication and problem-solving a must.Proficiency with personal computers and related software packages, such as Microsoft Office programs and LaserPro.Ability to prioritize work and remain adaptable under pressure.Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.Ability to effectively present information and respond to questions from groups of managers, clients, and the public.Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals.Ability to write routine reports and correspondence.Ability to speak effectively before groups of customers or employees of organizations.Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.Ability to compute rate and percent, and to draw and interpret bar graphs.Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.Advanced understanding of credit products, documentation terminology, vendor documents and searches, lien perfection, and the document preparation system.Exhibits advanced knowledge of applicable local, state and federal regulations, bank policies and procedures.Ability to meet deadlines under pressure and correctly prepare loan documents.
EDUCATION AND/OR EXPERIENCE
High School Diploma or General Education Degree (GED) required4-6 years banking experience and/or equivalent combination of education and experience requiredExperience with complex commercial lending and SBA loans required
PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.
Dexterity of hands/fingers to operate computer keyboard and mouse - FrequentlyLifting - Occasionally (up to 10 lbs)Sitting - FrequentlyOvertime - Subject to business needNoise Level - ModerateTypical Work Hours - M-F (8-5)Regular and Predictable Attendance - Required
COMPENSATION & BENEFITS
We offer a competitive total compensation package including base salary and benefits. The anticipated pay range for this position is $XX.XX to $XX.XX per hour (in CO & WA), $XX.XX to $XX.XX per hour in MN, and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Benefits include, but are not limited to, medical, dental, vision, short- term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off (new hires accrue at .069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time) and up to 11 paid Federal holidays. Please note this information is provided for those hired in Minnesota, Colorado and Washington only, and this role is open to candidates outside of Minnesota, Colorado and Washington with compensation that aligns with your location. For more information regarding our benefits, please visit https://www.firstinterstatebank.com/company/about/employee-benefits.php
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.