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SAG Loan Specialist II

First Interstate Bank

Billings, MT

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JOB DETAILS
SKILLS
Administrative Skills, Americans with Disabilities Act (ADA), Analysis Skills, Asset Management, Auditing, Banking Regulations, Banking Services, Bankruptcy, Billing, Business Loans, Business Skills, Computer Mouse Hardware, Computer Skills, Corporate Policies, Credit Analysis, Credit Reports, Customer Relationship Management (CRM), Customer Support/Service, Data Analysis, Data Collection, Data Entry, Documentation, Educational Technology, English Language, External Audit, Federal Laws and Regulations, Financial Reporting, Financial Statements, High School Diploma, Homeland Security, Internal Audit, Investment Management, Keyboards, Legal Documents, Loan Approval, Loan Conditions, Loan Documents, Loan Operations, Loan Payoffs, Loan Policy, Loan Processing, Loan Structuring, Loans, Maintain Compliance, Mathematics, Microsoft Excel, Microsoft SharePoint, Microsoft Word, Operating Systems, Physical Demands, Plane Geometry, Presentation/Verbal Skills, Problem Solving Skills, Property Maintenance, Property Tax, Publications, Real Estate Appraisals, Reconciliation, Regulations, Regulatory Compliance, Request for Information (RFI), Resolve Customer Issues, Risk Analysis, Small Business, Social Security Administration, Solid Geometry, Spanish Language, Spreadsheets, State Laws and Regulations, System Operations, Tax Returns, Trigonometry, Word Processing, Writing Skills
LOCATION
Billings, MT
POSTED
8 days ago
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located in Billings, MT; Boise, ID; Omaha, NE or Sioux Falls, SD. 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 SAG Loan Specialist II assists Special Asset Group (SAG) Officers in the restructuring, rehabilitation, collection, and liquidation of criticized and/or classified loans. This position is responsible for assisting SAG Officers with portfolio management by performing loan processing duties, reporting and analyzing data, researching issues, and problem resolution. ESSENTIAL DUTIES AND RESPONSIBILITIES Handles client transactions and client problem resolution; responds to client account inquiries, performs account maintenance, and researches and resolves client problems. Drafts requests for financial information, past due and demand letters to clients, and handle special mailings, as requested. Executes client transactions within applicable department guidelines, escalating to the assigned SAG Officer any requests outside specified norms or items requiring SAG Officer signature or approval; transactions may include transfers, withdrawals, distributions, wire transfers, payments, fee waivers, fee refunds, client overdrafts, loan payoffs, processing paid loans, monitoring reports, and other loan and account operations as requested. Reconciles client accounts, enters client financial data into databases, and monitors exceptions to company policies. Performs covenant tickler maintenance, monitoring, and updates. Prepares and/or reviews client account documents for meetings between the SAG Officer and the client, focusing on completion of signatures, accuracy, and fulfillment of standard regulatory and compliance guidelines. Assists in obtaining necessary information to process loan applications, such as financial statements, tax returns, business documentation, credit reports, UCC searches, title work, appraisals, flood determinations, bankruptcy filings, etc.; may also work with outside counsel, title companies, other product vendors, etc. to request documents needed for loan requests. Orders loan documents in accordance with loan approval conditions, responds to SAG Officer inquiries regarding the status of loans, loan documentation, client accounts, etc. Facilitates booking loans onto core system and perform post-booking check to ensure entries are correct. Schedules quarterly Asset Quality Meetings (AQM), produces a detailed agenda, gathers and organizes all PLSR’s by the deadline, and provides to all meeting attendees. Takes detailed notes of discussions during AQM, provides a detailed analysis of final risk ratings and quality trends to SAG Manager, and audits the PLSR process to identify missing PLSR’s and timeliness of upload to SharePoint. Runs daily, weekly, monthly, and quarterly reports; reviews report for accuracy and compliance and takes action to update systems or make other corrections. Performs file check-ins and advises SAG Officer of documentation deficiencies, uploads documents to Director according to applicable procedures. Maintains the security and integrity of all files and databases. Attends operational meetings and keep abreast of all credit policies and changes associated with loans, documentation, ticklers and tracking, asset quality, credit reviews, etc. Assists SAG Officers in preparing for internal and external audits, ensuring that borrower file documentation and electronic files are in order. Performs various duties related to OREO such as reconciling accounts, 1099 reporting, paying invoices and taxes, maintaining property specific workbooks, and other duties as assigned. Maintains compliance with all state and federal banking laws and regulations, internal lending policies and procedures, and First Interstate Bank values. Assist with SBA guarantee purchases by preparing 10-tab submissions and submits to SBA. Completes semi-annual reporting to SBA on loans that are in liquidation, pending charge-off and wrap-up. Provides administrative assistance to SAG Manager, as needed. 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 and demonstrated client service and problem resolution skills. Developed word processing and spreadsheet skills utilizing systems such as Microsoft Word and Excel. Ability to work effectively with individuals and groups across the company to manage client relationships. Proficiency with personal computers and multiple related internal and external software packages and loan operating systems. Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries of complaints of clients, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors. Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations. Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. EDUCATION AND/OR EXPERIENCE High School Diploma or General Education Degree (GED) required 4-6 years loan related banking experience 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 - Frequently Lifting - Occasionally (up to 25 lbs) Sitting - Frequently Overtime - Subject to business need Noise Level - Moderate Typical Work Hours - M-F (8-5) Regular and Predictable Attendance - Required **If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. First Interstate Bank is an equal opportunity employer committed to a diverse workforce and a barrier-free employment process. Employment is based solely on an individual's merit and qualifications directly related to the position. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristics protected by law. We make all reasonable accommodations to meet the obligations set forth under the Americans with Disabilities Act (ADA) and state disability laws. In order to ensure reasonable accommodations for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veterans' Readjustment Assistance Act of 1974, and Title I of the Americans with Disabilities Act of 1990, as amended, individuals that require accommodation in the job application process for a posted position may contact us Monday through Friday, 8 am to 5 pm MST at careers@fib.com. All applicants must pass pre-employment screenings including a background check. First Interstate BancSystem participates in E-Verify which will require new employees to verify their identity and employment eligibility through the internet-based system operated by the Social Security Administration (SSA) and the Department of Homeland Security (DHS). E-Verify Notice English or Spanish Right to Work Notice English or Spanish

About the Company

F

First Interstate Bank