LOAN ADMINISTRATOR

Summary:

New Frontier Bank is seeking a Loan Administrator to join our growing team. This position provides broad administrative and operational support for the bank’s loan functions, helping ensure an efficient, accurate, and compliant lending process. The role supports loan servicing, documentation, system administration, customer communication, file and collateral maintenance, and other key activities that contribute to the successful management of consumer and commercial loan operations.

If you would like to join a growing bank that puts customer's first, we would love to speak to you. Don't miss this opportunity!

To apply, please submit an up-to-date resume with a cover letter. Compensation is based upon the candidates knowledge and experience.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Review daily transaction, transfer, notice, and unposted item reports; reconcile and balance the loan control general ledger daily.
• Prepare and record collateral releases, and send the appropriate documents to the title company, recorder, and borrower.
• Process incoming draw requests, customer payments, participation loan payments, and wire requests.
• Accurately prepare payoff quotes.
• Monitor, update, and image recorded deeds, final title policies, UCC filings, and insurance documents.
• Respond to incoming calls and emails related to loan operations.
• Review loan applications for completeness and accuracy.
• Send appropriate early disclosures when applicable.
• Request and follow up on title work, insurance, and appraisal orders.
• Prepare and process commercial and consumer loan documentation accurately and in compliance with applicable guidelines.
• Book and disburse funds for commercial and consumer loans.
• Scan and index new loan documentation and correspondence.
• Perform other duties as assigned.

SKILLS:

• Proficient in Microsoft Office applications and general computer use.
• Basic knowledge of loan processes and terminology, including titles, appraisals, insurance, and closings, required.
• Working knowledge of loan documentation, operating agreements, lending regulations, and compliance requirements preferred.
• Familiarity with core banking systems and loan processing or documentation platforms preferred (such as Jack Henry, CSI, Hawthorn River, Wolters Kluwer, or LaserPro).
• Strong customer service, written communication, and verbal communication skills required.
• Ability to perform basic mathematical calculations related to loan terms, balances, and payments.
• Highly detail-oriented with the ability to manage multiple tasks and deadlines effectively.
• Ability to maintain accuracy and confidentiality when handling sensitive customer and loan information.

EDUCATION AND/OR EXPERIENCE:

• Minimum Required: Associate degree (AA) from a 2-year College/Tech School, or 1-2 years related experience.
• Preferred: Bachelor’s Degree (BA) from a 4-year College or University, or 3-4-years related experience
• A combination of education and experience will be accepted.

BENEFITS:

• Insurance covering Health, Dental, Vision, Life and Disability
• Paid Time Off
• 401(k)/ ESOP plan for eligible employees with potential bank contributions up to 10% of salary (regardless of employee’s contribution level). Subject to plan requirements.
• Potential performance bonus
• Professional training opportunities
• Relevant tuition reimbursement
• Social, Civic, & Professional Dues
• And More

New Frontier Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

• If you are an individual with a disability and would like to request reasonable accommodation as part of the employment selection process, please contact us at (636) 940-8740.

Job Type: Full-time

Pay: $19.00 - $25.00 per hour

Application Question(s):

• Do you have loan processing experience? If so, how many years?
• Are you currently employed?
• Did you include a cover letter with your application? If not, please provide a few paragraphs about why you are interested in this position.

Education:

• Associate (Preferred)

Work Location: In person