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BankORION

Loan Administration Assistant

Career Insights for Loan Administrator / Manager

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Based on Illinois data

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What they do

A Loan Administrator or Manager services a loan once it has been agreed. Sends monthly bills to the loan recipient. May also maintain payment records and monitor compliance with the loan agreement.

$68,793 / year median in Illinois

-11% projected decline

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Job Description

There is purpose in partnership. A bright partnership brings people together, driven by a mission to do what is right and make lives better. What inspires you is what motivates us too - serving others, working hard, getting it done, exceeding expectations, strengthening relationships, bettering our communities, and doing what is right every day. An attentive partner really knows you, listens to you, respects you, and trusts you. A smart partner thinks ahead and looks out for you. They stand by your side to help you succeed. Trustworthy partners are along for the ups and downs, in it together. At BankORION, we create bright partnerships that add value, make lives better and last a lifetime. We like doing partner-driven things…like working together to find solutions, anticipating needs, respecting others, listening well, noticing the details, exceeding expectations, and responding with compassion. We understand that our collective intelligence is always going to be higher than the IQ of just one person, no matter how smart. When we tackle challenges with a collaborative spirit, we come up with better ideas while sharpening each other's saw. Let's sign on to make great choices. Form strong teams. Build great relationships. Listen well. Serve others. Respect everyone. Elevate the financial well-being of those we serve. Start a bright partnership with us today. BankORION A Bright Partnership BankORION is seeking a full-time Loan Administration Assistant at our Operations Center in East Moline, IL. The focus of this role will be to provide operational support for the Lending Department which consists of Mortgage, Commercial, Ag, and Consumer Non-RE loans. Duties to include, but not limited to: Processing payments, including participation & SBA payments; Floor plan monitoring and processing; Insurance monitoring and processing, including flood Insurance & force placed insurance; Ability to prepare note documents; Paid note processing including preparation of Payoff Quotes & Releases; Escrow account analysis, monitoring & processing; and Assisting customers with loan account questions and concerns, including Auto Transfer & Escrow changes. Excellent customer service and ability to problem solve are a must. Ideal candidate will also possess strong attention to detail and organizational/time management skills. Previous banking experience is strongly preferred. We are proud to offer a competitive benefit package to our full-time employees:
PTO:
Starting out at three weeks per year (pro-rated first year), increasing by four hours every January and 10 paid holidays.
Retirement Plans:
Employees receive a 50% match per dollar contributed up to 6% of the employee's wages, a 3% safe-harbor contribution, and an additional cash profit sharing contribution once eligible!
Insurance:
Medical, Dental, and Vision:
BKO pays the majority of the plan premium.
Additional Benefits:
Bonus & Incentive Plan, Life Insurance, Short- and Long-Term Disability Insurance, FSA and HSA plans, Supplemental AFLAC plans, Tuition Assistance, and discounted bank services.

Benefits

  • Paid Time Off (PTO)
  • Financial Aid/Assistance
  • Other Retirement and Savings
  • Employee Stock Options (ESOs)