Paralender

Are you someone who thrives on connecting with people, solving problems, and making a positive difference in your community? Do you want to grow your career with a bank that values your unique strengths and offers a path for continuous development? If so, Farmers State Bank might be the perfect place for you! At Farmers State Bank, we are passionate about providing personalized, relationship-driven banking services. Our foundation is built on trust, integrity, and a deep commitment to our community. Every interaction with our customers is an opportunity to make their financial lives easier, and we are looking for enthusiastic, customer-focused individuals to join our team.

YOUR ROLE

PARALENDER Location:

Farmers State Bank, Pittsfield, IL Department:

Lending Position Summary:

At Farmers State Bank, we believe in building strong financial partnerships and investing in the professional growth of our team. The Paralender plays a critical role in our lending operations, providing direct support to loan officers while gaining hands-on experience in loan structuring, processing, and customer relationship management. Much like a Paralegal supports attorneys by handling critical legal tasks without being the primary decision-maker, a Paralender provides specialized support within the lending process. This position is designed for growth and development, offering potential pathways toward loan processing and origination. The ideal candidate is detail-oriented, eager to learn, and capable of working alongside experienced lenders to support customers, analyze loan documentation, and ensure smooth loan processing. This is a cross-functional role that provides exposure to all aspects of lending, preparing the individual for future career advancement within the bank.

Key Responsibilities:

Customer & Loan Support Serve as the primary point of contact for loan customers, providing timely updates and ensuring a seamless lending experience. Gather, review, and verify loan documentation, ensuring compliance with bank policies and regulatory requirements. Assist loan officers in structuring loans, preparing proposals, and handling pre-qualification requests. Loan Processing & Underwriting Assistance Work closely with processors and underwriters to facilitate the loan approval process. Input and manage loan data within the bank's system, ensuring accuracy and completeness. Identify and resolve documentation discrepancies in coordination with customers, loan officers, and other departments. Compliance & Risk Management Stay informed on bank policies, lending regulations, and compliance requirements to ensure proper documentation and risk assessment. Assist in maintaining loan files and tracking key dates for renewals, maturities, and required financial updates. Business Development & Growth Pathway Gain exposure to financial analysis, loan structuring, and customer relationship management. Develop skills in underwriting, credit analysis, and risk assessment to prepare for future roles in loan processing or origination. Participate in professional development programs and bank-sponsored training to expand industry knowledge and expertise.

Qualifications & Skills:

Experience:

Prior experience in banking, financial services, or loan operations is preferred but not required.

Education:

Bachelor's degree in finance, business, economics, or a related field.

Skills:

Strong organizational and multitasking abilities. Excellent customer service and communication skills. High attention to detail and accuracy in document handling. Ability to learn quickly and adapt to new responsibilities. Why Join Our Team? Defined Growth Path - This position is designed for potential career advancement into processing and potential loan officer opportunities. Cross-Training & Skill Development - Gain exposure to all areas of lending, from processing to underwriting and portfolio management. Meaningful Customer Impact - Play an active role in supporting customers and helping them achieve their financial goals. A Collaborative, Growth-Focused Environment - Work alongside experienced lenders who are invested in your development. What's in it for You? Competitive Pay based on experience. Health Insurance to keep you and your family healthy. Retirement Plan that goes above and beyond. Paid Time Off for vacations and personal time. Quarterly Celebrations to recognize your hard work and achievements. Career Growth Opportunities with cross-training and development within the bank. Travel Opportunities to expand your personal and professional horizons. If this sounds like your dream opportunity, we want to hear from you!

Salary Range:

$18.27/hour to $25/hour Farmers State Bank is proud to offer a comprehensive, competitive benefits package for all full-time employees, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Farmers State Bank also provides Paid Time Off based on job classification, standard work hours, and years of service, along with an annual calendar of observed holidays. Management reserves the right to change this job description at any time according to business needs. This job description does not alter my employment at-will status, nor does it imply any guarantee of continued employment.

EQUAL OPPORTUNITY EMPLOYER

Pay:

$18.27 - $25.00 per hour

Benefits:

401(k) 401(k) matching Dental insurance Flexible spending account Health insurance Life insurance Paid time off Parental leave Retirement plan Vision insurance

Work Location:

In person