Commercial Loan Documentation Review… at First Farmers… · Converse

Description

Commercial Loan Documentation Review Assistant

Converse, IN 

$20-$25/hr - depending on experience

About First Farmers Bank & Trust

First Farmers Bank & Trust has been proudly serving families, farms, and businesses since 1885, building relationships rooted in trust and community. With over 140 years of experience, we’ve grown to become one of the largest community banks in Indiana and Illinois, offering a full range of financial services—from personal and business banking to agricultural lending and mortgage solutions.

Our mission is simple: deliver personalized financial services while fostering strong relationships that help our communities thrive. We believe in combining today’s digital banking convenience with the traditional values of integrity, perseverance, and customer care.

With 37 branches in Indiana and Illinois, we remain deeply committed to the communities we serve. Through initiatives like financial education programs, scholarships, volunteerism, and local partnerships, we invest in what matters most—people.

At First Farmers, we also invest in our employees. We offer competitive benefits, opportunities for professional growth, and a culture that values collaboration and community engagement. When you join our team, you’re not just starting a job—you’re joining a company built on heart and grit 

Position Summary:

This position requires a highly detailed individual with knowledge of regulatory guidelines and loan documentation. Reviews commercial and agricultural loan files to prevent loss due to documentation risk. Provides review checklist to Loan Officer, Loan Assistant and Loan Processor prior to loan closings. Ensures loan files are complete and ready for loan closings. Provides a variety of clerical duties which requires knowledge of department and lending procedures. Provide ongoing suggestions of departmental changes in order to continually improve workflow and workflow efficiencies.

Duties:

• Review commercial and agricultural files for completeness prior to new loan closings
• Review file for correct legal borrower and correct signatures
• Ensure completed lien searches and reviews
• Ensure loans are closing as approved and within lender authorities and policy guidelines
• Ensure Title Insurance is completed, reviewed and exceptions are cleared
• Ensure Appraisals are appropriate for transaction and perform Appraisal Reviews
• Ensuring compliance with all federal and state banking regulations
• Verify rates and terms with current pricing parameters
• Ensure all required documentation for closing is in closing document package
• Ensure post-close secondary market documentation is filed appropriately
• Assist in loan covenant tracking and other line tickler reports
• Document Exceptions Report
• Continue to enhance performance through various training and compliance seminars
• Perform additional duties as assigned

Requirements

Minimum Qualifications

• Understanding of appropriate regulations and ability to work well under deadlines is necessary
• Proven ability to accurately prepare and deliver documentation, projects, and tasks 

Preferred Qualifications

• Knowledge and experience in the origination, underwriting, and closing of commercial and agriculture loans would be beneficial
• Two to Four years experience in Commercial/Agricultural documentation is preferred

Skills 

• Strong accuracy and attention to detail is required
• Must have strong communication and phone skills, confidentiality and basic computer skills

Work Environment

• Primarily office or branch-based environment with standard business hours. Occasional travel to other branch locations or community events may be required
• Daily extended use of banking software, secure digital platforms, and standard office equipment
• Repetitive hand and arm movements
• Ability to sit or stand for extended periods of time
• Ability to lift up to 25 pounds as needed

 Benefits Overview: At First Farmers Bank & Trust, we offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance:

Health & Wellness

• Medical Insurance (eligible on date of hire) with options for High Deductible Health Plan (HDHP) and Co-Pay Plan
• Vision Coverage
• Dental Coverage
• Prescription Plan
• Wellness Incentive – earn up to $25 per pay period toward premium reduction

Financial Security

• Life & Accidental Death & Dismemberment Insurance – 100% employer-paid
• hort & Long-Term Disability Insurance – 100% employer-paid
• 401(k) Plan
• Profit Sharing Stock Option
• Health Savings Account (HSA) contributions for HDHP participants

Paid Time Off

• Vacation time
• Sick Time
• Personal Day
• 11 Paid Holidays
• Paid Bereavement

Additional Benefits

• Paid time to volunteer (when representing FFBT and supervisor approved)
• Voluntary Donated PTO Program
• Employee Assistance Program
• Travel Assistance Program
• Educational Assistance Program
• Corporate Discounts
• Employee Referral Program
• Stock Purchase Loan Option
• Retirement Plan Counseling
• Wellness Program
• Gym Reimbursement
• Employee Quarterly Recognition Program
• AFLAC supplemental benefits
• Cincinnati Life supplemental coverage
• Family Medical Leave
• Paid Bereavement Leave
• Maternity Leave Policy