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New Job Business Banking Associate Iii In North Dakota

Business Banking Associate III
Business Banking Associate III

Business Banking Associate III

Company : North Dakota State Government
Salary : $45,917 - $68,868 a year
Location : North Dakota

Full Description

Hiring Range: B04: $45,917 - $68,868 ($57,399 midpoint) *Typical hiring range is at or below midpoint - DOE; Hiring authority reserves right to underfill if the applicant pool dictates.

***Position location*** - to be discussed during interviews; remote work may be allowed for ND residents that live in-state.

Summary of Work

This position primarily assists two BND Business Bankers in streamlining the loan workflow process by coordinating with the Financial Institutions Market Manger, the Loan Administration Manager, other BND business bankers, lead bank loan officers and processors, credit analysts, and BND loan servicing associates. They act as a secondary point of contact for incoming calls and e-mails from lead banks as it relates to their assigned business banker’s portfolios. This position is responsible for obtaining and organizing credit documentation to prepare files for underwriting, generating correspondence and documentation checklists, coordinating loan funding with lead banks and BND loan servicing associates, and processing on-going loan documentation. This position works closely with their BND business bankers by researching discrepancies, communicating program eligibility and parameters, and fostering the partnerships with BND participating lenders through positive interactions.

Duties and Tasks

  • Process Credit Applications (20% of time)
    Input applications into pipeline reporting software and review loan documentation received to ensure complete underwriting package prior to submission to credit analysts.
    Coordinate with BND bankers, participating financial institution bankers, and credit analysts to ensure timely underwriting of credit.
    Process any loan request withdrawals.
    Assist in training new staff and provide feedback to senior-level management on process improvement.
  • Process Credit Presentation (40% of time)
    Prepare commitment letters utilizing information from credit presentations and prepare other related documents specific to BND loan programs.
    Prepare revised commitment letters outlining approved changes.
    Create documentation checklist based on loan type, collateral, and borrower and guarantor structure on DOSS (pipeline and ongoing documentation tracking software).
    Ensure all new loans are recorded on appropriate data collection software.
    Assist in training new staff and provide feedback to senior-level management on process improvement.
  • On-going Portfolio Management (40% of time)
    Complete initial loan file review and request any outstanding documentation from lead financial institutions.
    Track, request, and review technical exceptions. Update DOSS tracking system. File and maintain original and imaged loan documents.
    Maintain organization in assigned Business Banker’s working files.
    Assist with research of past-due loan reports; review monthly core system tickler reports; prepare system maintenance for modifications, extensions, and rate discrepancies.
    Assist in training new staff and provide feedback to senior-level management on process improvement.

Minimum Qualifications

Requires an associate degree in finance, business, or a closely related field of study and three years of work experience in commercial, agriculture, or real estate loan documentation or lending. Additional work experience as described may substitute for the education requirement on a year-for-year basis.

Preferred Qualifications

  • Knowledge of banking software systems to include documentation preparation systems and documentation imaging software
  • Excellent interpersonal and communication skills and demonstrated ability to work in a team environment with diverse colleagues and customers.
  • Proven capability to handle multiple high priority tasks
  • Previous experience with loan file review

Application Procedures

Please attach a resume to your electronic application. All application material must be received by 11:59 pm on the closing date. Application form and resume should demonstrate the knowledge, skills, and abilities that are needed to meet the minimum qualifications for this position. Application materials will be scored based on a 100 point job related personnel system. Applications should include information which directly addresses how the applicant meets the minimum qualifications and summary of work. It is very important to be thorough and detailed on all your application materials.

Applicants who experience technical difficulties during the application process should contact [email protected] or 701.328.3290.

If accommodations or assistance is needed in the application or interview process, please contact Ross Munns at 701.328.5730 or 800.328.5730 ext. 3285616 or TTY 800.366.6888.

Notice to prospective employees that the Bank of North Dakota complies with the U.S. Dept. of Labor Family and Medical Leave Act (FMLA); and all information contained within, at

Employment requires satisfactory completion of the interview process and verifiable record of satisfactory performance in previous employment.

A credit, state and federal background check will be conducted on the final candidate.

The State of North Dakota and this hiring agency is subject to the confidentiality and public disclosure requirements of N.D.C.C. 44-04-18.27. Please be advised that your application and any records related to the application may be an open record subject to public disclosure.

Agency Specific

If you would like to learn more about Bank of North Dakota - please click on the link to meet the Bank President and learn some history of this agency.

(hold down "Ctrl" as you click the link - the video will open in a new tab)

Equal Employment Opportunity

The State of North Dakota and this hiring agency do not discriminate on the basis of race, color, national origin, sex (including sexual orientation and gender identity), genetics, religion, age or disability in employment or the provisions of services and complies with the provisions of the North Dakota Human Rights Act.

As an employer, the State of North Dakota prohibits smoking in all places of state employment in accordance with N.D.C.C. § 23-12-10.