Loan Assistant II
Company: Centennial Bank
Location: Johnson
Posted on: April 1, 2026
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Job Description:
GENERAL DESCRIPTION OF POSITION The Loan Assistant II is
responsible for assisting commercial lenders. This position
verifies, compiles, and completes loan applications. The Loan
Assistant II prepares new loan requests to submit to loan
processing and reviews the loan file to verify that data is
complete and meets established standards. This position processes
documentation of loans and extensions, closes and prepares loans
for booking, and computes payment and interest. ESSENTIAL DUTIES
AND RESPONSIBILITIES 1. Review completed LOM for accuracy. This
duty is performed daily, about 5% of the time. 2. Order supporting
documentation. This duty is performed daily, about 10% of the time.
3. Submit LOM to loan ops. This duty is performed daily, about 10%
of the time. 4. Perform pre-funding review. This duty is performed
daily, about 15% of the time. 5. Close loan if needed / Fund Loan.
This duty is performed daily, about 10% of the time. 6. Prepare
loan package for shipping and booking. This duty is performed
daily, about 15% of the time. 7. Pull maturity and past due
reports. This duty is performed daily, about 5% of the time. 8.
Inform officer of required documentation for loan renewals. This
duty is performed daily, about 5% of the time. 9. Prepare basic
Loan Offering Memorandum. This duty is performed daily, about 5% of
the time. 10. Assist in clearing collateral / credit exceptions.
This duty is performed daily, about 5% of the time. 11. Process
draw requests / loan payments / transfers. This duty is performed
daily, about 5% of the time. 12. Handle loan research issues /
questions. This duty is performed daily, about 5% of the time. 13.
Forward documents to loan ops for scanning. This duty is performed
daily, about 5% of the time. 14. Completes required BSA/AML
training and other compliance training as assigned. This duty is
performed annually. 15. The ability to work in a constant state of
alertness and in a safe manner. 16. Perform any other related
duties as required or assigned. QUALIFICATIONS To perform this job
successfully, an individual must be able to perform each essential
duty mentioned satisfactorily. The requirements listed below are
representative of the knowledge, skill, and/or ability required.
EDUCATION AND EXPERIENCE High school or GED, plus specialized
schooling and/or on the job education in a specific skill area;
e.g. data processing, clerical/administrative, equipment operation,
etc, plus 5 years related experience and/or training, or equivalent
combination of education and experience. COMMUNICATION SKILLS
Ability to read and understand documents such as policy manuals,
safety rules, operating and maintenance instructions, and procedure
manuals; Ability to write routine reports and correspondence.
Ability to effectively communicate information and respond to
questions in person-to-person and small group situations with
customers, clients, general public and other employees of the
organization. MATHEMATICAL SKILLS Ability to add, subtract,
multiply and divide numbers. Ability to perform these mathematical
skills using money and other forms of measurement. CRITICAL
THINKING SKILLS Ability to utilize common sense understanding in
order to carry out written, oral or diagrammed instructions.
Ability to deal with problems involving several known variables in
situations of a routine nature. REQUIRED CERTIFICATES, LICENSES,
REGISTRATIONS Not indicated. PREFERRED CERTIFICATES, LICENSES,
REGISTRATIONS Notary Public SOFTWARE SKILLS REQUIRED Intermediate:
Word Processing/Typing Basic: 10-Key, Accounting, Alphanumeric Data
Entry, Contact Management, Database, Spreadsheet WORKING CONDITIONS
Somewhat disagreeable working conditions. Continuously exposed to
one or two elements such as noise, intermittent standing, walking;
and occasional pushing, carrying, or lifting. ENVIRONMENTAL
CONDITIONS The following work environment characteristics described
here are representative of those an employee encounters while
performing essential functions of this job. Reasonable
accommodations may be made to enable individuals with disabilities
to perform the essential functions. The noise level in the work
environment is usually moderate. PHYSICAL ACTIVITIES The following
physical activities described here are representative of those that
must be met by an employee to successfully perform the essential
functions of this job. Reasonable accommodations may be made to
enable individuals with disabilities to perform the essential
functions and expectations. Semi-repetitive, low physical.
Semi-repetitive type work which requires periods of concentration
for varied time cycles as prescribed by the tasks. While performing
the functions of this job, the employee is frequently required to
sit, use hands to finger, handle, or feel, talk or hear; and
occasionally required to stand, walk, reach with hands and arms,
climb or balance, stoop, kneel, crouch, or crawl. The employee must
occasionally lift and/or move up to 25 pounds; frequently lift
and/or move up to 10 pounds. Specific vision abilities required by
this job include close vision; distance vision; color vision; and
ability to adjust focus. ADDITIONAL INFORMATION - Previous loan or
loan documentation experience - Good understanding of financial
institution products and services - Time management: the ability to
organize and manage multiple priorities - Excellent proof-reading
skills and attention to detail - Strong team player - Basic
computer proficiency
Keywords: Centennial Bank, Fort Smith , Loan Assistant II, Accounting, Auditing , Johnson, Arkansas