Core Processing Specialist at First Mid Bank & Trust

Mattoon, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Oct, 26

Salary

22.18

Posted On

18 Jul, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Organization, Detail Oriented, Microsoft Office, Excel, Interpersonal Skills, Loan Processing, Loan Documentation Analysis, Core System Booking, Confidentiality Management

Industry

Financial Services

Description

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e. bonus, incentives, and/or commission). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements. The Core Processing Specialist is responsible for various operational aspects of Loan Operations including the input of Commercial loans. When necessary, assists other lending personnel in various projects and duties to ensure the successful operation of the department. Responsibilities include, but are not limited to: * Reads and interprets legal loan documents for Commercial loans and accurately books the loans to the core system. Ensures that the customer record is accurate and the banks position is protected. Ensures the core processing check list is complete and accurate. * Independently analyzes complex loan documentation in order to set up and fund loan accounts while adhering to bank standards and loan policy. * Exports new and renewed loans onto the Core in an accurate and timely manner. * Review files and disburses loan proceeds for Loan Officers and Customers while handling confidential and high-priority material. * Analyzes loan documents to identify the terms of the collateral. This includes determining which collateral is security and which loans as collateral may cross over to secure several different loans. * Understands new and existing loan terms to understand collateral structure for setting up the collateral on the loan or across multiple loans. * Uploads processor records into our imaging system and gathers various loan documents for loan servicing follow up. * Supports all departmental functions and assures the departmental objectives are achieved in providing accurate and timely loan bookings. * Consistently delivers a high level of service to both co-workers and bank clients. Consistently displays a team-player and positive attitude. * Attend training on applicable subjects when available and appropriate for the position. * Contributes to cross-functional projects or assigned initiatives as needed. Examples may include: testing new processes or procedures, training of new hires, data reporting, core file maintenance. * Files perfected UCC filings with third party vendors when appropriate. * Performs other related duties as assigned. Qualifications Education * High School diploma or GED required. Associates degree preferred. Experience: * 1+ years banking, clerical or loan processing experience preferred. Skills: * Analytical, organized and detail oriented. * Proficient in Microsoft Office products with working knowledge in excel. * Must be able to work with a significant amount of detailed information in an accurate, timely and confidential manner. * High level of interpersonal skills to interact with Loan Officers, Loan Processors and Management. Total Rewards: * Competitive health, dental & vision coverage with HSA match * 401(k) with employer match + Employee Stock Purchase Plan * Generous PTO, paid holidays & parental leave * Tuition reimbursement & performance-based bonuses * Visit our Total Rewards [https://www.firstmid.com/careers/total-rewards/] page to see our full list of benefits First Mid Bancshares, Inc., is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification. THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT LP123

Responsibilities

Responsible for the operational aspects of Loan Operations, specifically the accurate input and booking of Commercial loans into the core system. This includes analyzing complex loan documentation, managing collateral structures, and disbursing loan proceeds.