This position can be located at our Billings, MT Great West Center, Spokane, WA Downtown, or Sioux Falls, SD Downtown branch.
What's Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.
We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.
SUMMARY
The Loan Funding Specialist is responsible for verifying and ensuring that the required closed loan documents have been received and are properly executed, and for validating balanced disbursement information prior to disbursement of Loan Funds for Consumer, Commercial and Specialty loans. The Funding Specialist may support multiple loan products and collateral types. This position is responsible for expediting funding and meeting turn time and accuracy requirements dictated by established service level agreements. The Funding Specialist may work closely with the Loan Originator, Loan Closer, Documentation Specialists or external third party providers for Loan Servicing activities in compliance with applicable laws, regulatory guidelines. To support the servicing of Consumer, Commercial and Specialty Lending for First Interstate Bank.
ESSENTIAL DUTIES & RESPONSIBILITIES include the following; other duties may be assigned.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
High School diploma or general education degree (GED) required; Bachelor's degree (BA/BS) from a four-year College or University preferred; three (3) years' work experience in a financial institution preferred. Proficient in consumer and commercial lending and loans and applicable loan documents with an understanding of loan accounting systems, loan payment types and processing and ability to research and resolve accounting errors preferred.
OTHER SKILLS & ABILITIES
Advanced personal computer skills with demonstrated knowledge of Microsoft EXCEL, WORD, and e-mail; self-starter and works with minimal direction; strong verbal and written communication skills; interpersonal skills and team orientation; ability to meet deadlines; ability to appropriately escalate issues requiring problem solving and decision making.
LANGUAGE SKILLS
Ability to read, analyze, and interpret technical procedures, or governmental regulations. Ability to effectively present information and respond to questions from managers, peers, or other business partners.
MATHEMATICAL SKILLS
Ability to work with basic mathematical concepts. Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate and percent.
REASONING ABILITY
Ability to define problems, collect data, establish facts, and draw valid conclusions. Demonstrates critical thinking tendencies to address problems decisively and to propose sustainable solutions. Accepts shared ownership and accountability for results.
PHYSICAL DEMANDS
While performing the duties of this job, the employee is regularly required to talk, hear, stand, walk & use hands to finger, handle, or feel. The employee frequently is required to sit. The employee is required to reach with hands and arms and stoop, kneel, crouch, or crawl. The employee may lift and/or move up to 25 pounds.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Hours of operation may be adjusted from time to time to maximize recovery efforts.
The noise level in the work environment is usually moderate.
**If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.