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DB
Dacotah Bank
Loan Support Specialist
Career Insights for Credit / Loan Counselor
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Based on South Dakota data
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What they do
A Credit or Loan Counselor advises and educates individuals or organizations on acquiring and managing debt or qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions. May help develop debt management or credit issue plans. Can provide budget, mortgage or bankruptcy counseling.
$44,629 / year median in South Dakota
-14% projected decline
Job Description
Job Summary Under the direction of the Lending Officer, process loan documents, supporting documents and renewals for all lending officers. Ability to perform all the duties associated with Loan Department operations in primary support of the Lending Department. Primary Accountabilities Perform all duties necessary to originate loan documents on the Banks loan processor system as directed by lending officers. Ensure the accuracy of these documents prior to giving to lending officers for loan closing. Assist in full range of duties pertaining to the loan processing, servicing, auditing and reporting function, including but not limited to the uploading and input of new, renewed, extended and paid off loans and file maintenance of all loans. Provide prompt and courteous service to customers. Obtain credit bureau reports as requested. Stay abreast of all credit systems (LaserPro) software changes and updates. Serve as the primary source of information on this software and share changes with appropriate staff as needed. Incumbent should have a thorough knowledge of the system, its capabilities and its application in the Bank's lending environment. Secondary Accountabilities Conduct special projects as assigned by supervisor. Provide assistance to new employees as needed. Provide assistance to co-workers or customers with difficult problems or inquiries. Ensure prompt and courteous response to customer inquiries. Provide input regarding the establishment of goals for the loan department and implementation of same as necessary. Prepare and maintain reports, sorting and filing in appropriate manuals/books. Perform other duties as assigned Qualifications Attainment of One
- Two (1-2) years' bank customer, mortgage, or commercial loan processing/servicing experience or equivalent education in bank credit processing/servicing procedures and policies.
- Two (1-2) years' bank customer, mortgage, or commercial loan processing/servicing experience or equivalent education in bank credit processing/servicing procedures and policies.
- Dacotah Bank pays 100% of the premium, family and individual coverage Dental Insurance
- Dacotah Bank pays 100% of the premium, family and individual coverage Health Savings Account Life Insurance for the employee and family Paid Vacation and Sick Time Retirement Plan Options Additional Perks and Benefits Experience Preferred 2
- 4 years: Loan Processing/Servicing Education Preferred Associates or better in Finance or related field Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws.