Loan Servicing Associate
PREMIER
- Sioux Falls, United States
- Entry Level
- Posted
About PREMIER
- At First PREMIER Bank and PREMIER Bankcard, we’ve created a culture that emphasizes personal success, respect, health, and wellness, fun and giving back.
- See some of our epic celebrations and employee recognitions.
- Considered one of the nation’s strongest financial organizations, we’ve achieved our success by embodying the views and values of The PREMIER Way.
- From our CEOs to the newest hires, we all follow these shared views and values to guide us on how to treat our customers, co-workers and communities.
- The PREMIER Way also serves as a roadmap on how to be successful inside and outside of the workplace.
- We believe in investing in our employees, their families and our communities.
Responsibilities
- Generates loan documents, validates basic loan data, and ensures accurate setup and imaging of single-collateral loans such as vehicles or personal property, in alignment with lender instructions and internal procedures.
- Essential duties and responsibilities include the following.
- Other duties may be assigned.
- Validates the accuracy of loan data interfaced from the loan origination system to the core accounting system for indirect and consumer single-collateral loans.
- Reviews all documents to ensure required signatures are present, terms match what was entered into the system, and no pages are missing or incorrect.
- Independently resolves standard issues such as missing signatures, and incorrect VIN.
- Accurately identifies and assigns document types within straightforward consumer loan packets using specialized imaging software.
- Reviews documents such as applications, disclosures, security agreements, and collateral documentation to determine its correct classification.
- Uses tools like barcode generation or drag-and-drop functionality to ensure documents are properly categorized for imaging, archiving, and compliance with retention standards.
- Participates in required training to maintain and enhance job knowledge and compliance awareness.
- Completes annual in-person training and ongoing online courses to stay current on loan documentation procedures, system functionality, and regulatory requirements relevant to the role.
- Monitors assigned loan files and tasks to proactively identify basic issues or discrepancies in documentation, data entry, or system processing.
- Takes ownership of resolving routine problems and escalates more complex concerns to senior team members to ensure timely and accurate loan setup and servicing.
- Supports process improvement by identifying manual or repetitive tasks within daily workflows and suggesting potential enhancements.
- Follows guidance to use enterprise workflow tools and collaborates with other departments as needed to gather information and complete tasks efficiently and accurately.
- Analyzes discrepancies, identifies root causes, and implements solutions.
Requirements
- Communicates clearly and professionally, both verbally and in writing, with internal teams, vendors, and customers; builds relationships.
- Effectively prioritizes and manages multiple responsibilities.
- Handles high volumes of data and transactions while maintaining accuracy.
- Exhibits a high level of accuracy and precision when reviewing or processing information.
- Demonstrated computer literacy, including the ability to navigate standard office software is required.
Preferred
- High school diploma or equivalent is preferred.
- Basic understanding of banking concepts is preferred.
Benefits
- This is an environment where you will be rewarded, valued, and celebrated for your hard work.
- We offer a robust and expanded package of health benefits, incentives, paid time off and growth and career advancement opportunities.
- We celebrate our employees and show our appreciation with private concerts, outdoor bashes, cash and car giveaways and more!
- Competitive Benefits Package Full medical benefits when working 20+ hours per week
- Traditional and High Deductible health plan options available FREE dental and vision coverage
- Generous Paid Time Off plans 401(k) – dollar-for-dollar match up to 5% of total compensation
- Special discounts and offers for events at the Denny Sanford PREMIER Center PREMIER Wellness Program Paid Community Volunteer Hours – PREMIER averages 30,000 hours per year
- Fun Employee Parties Our Culture We have an emphasis on personal success, respect, health, wellness, fun and giving back Employees are rewarded, valued, and celebrated for hard work.
- Career advancement opportunities is a way PREMIER leaders show they care.
- Appreciation is shown through concerts, outdoor bashes, cash, car giveaways and more.
Job Description
Location: Sioux Falls, SD Shift: Monday - Friday 8:00 AM to 5:00 PM Company: PREMIER Bankcard About the Role Services indirect and consumer loans with straightforward collateral requirements.
