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Loan Boarding Specialist I

First Interstate Bank
life insurance, paid time off, sick time, 401(k)
United States, South Dakota, Sioux Falls
Jan 15, 2025
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

This position can be located at ourGreat West Center branch in Billings, MT, Sioux Falls, SD and Spokane, WA Downtown.

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 Loan Boarding Specialist I is responsible for reviewing, verifying, and ensuring that the required closed loan documents have been received, and for the booking of loans to the Loan Accounting System following First Interstate Bank's procedure and policy. Assigned loan products include Consumer, Commercial, and Specialty loan products encompassing simple to complex transactions in accordance with loan closing documents. This position will meet completeness, turn time, and accuracy requirements per established service level agreements.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Reviews the batch-scanned documents to verify receipt, accuracy, and proper execution of loan documents and that there are no alterations in the documents.

  • Coordinates efforts with appropriate parties to obtain missing information needed to meet boarding requirements.

  • Performs loan activating TMS entries in a timely and accurate manner.

  • Performs job responsibilities in accordance with the completeness, accuracy, and turn time standards per established service level agreements.

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

  • Strong personal computer skills with demonstrated knowledge of Microsoft Excel, Word, and Outlook.

  • Self-starter and with ability to work with minimal direction.

  • Possess interpersonal skills and team orientation.

  • Ability to meet deadlines.

  • Ability to appropriately escalate issues requiring problem-solving and decision-making.

  • Ability to read, interpret, and apply policies and procedures related to loan servicing.

  • Ability to work with basic mathematical concepts.

  • 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.

  • Ability to solve practical problems and deal with a variety of variables.

  • Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

  • Accepts shared ownership and accountability for results.

EDUCATION AND/OR EXPERIENCE

  • High School Diploma or general education degree (GED) required

  • Bachelor's Degree preferred

  • 1-3 years experience in a financial institution preferred

  • Experience in consumer and/or commercial loan servicing and applicable loan documents preferred

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 - Frequently

  • Lifting - Occasionally (up to 10 lbs)

  • Sitting - Frequently

  • Overtime - Subject to business need

  • Noise Level - Moderate

  • Typical 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 $19.61 to $27.46 per hour in WA 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. 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.
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