Loan Processing Supervisor

Cannon Falls, Minnesota, United States


Are you searching for a great job with an amazing team? Our Shared Services Division of First Farmers & Merchants Bank in Cannon Falls is looking to hire a full-time Loan Processing Supervisor. This position will be located in the FF&M Operations Center in Cannon Falls. Ideal candidates will have lending experience, strong organizational skills and a desire to maintain lasting customer relationships.

Job Summary:

Works as a partner with lending staff performing duties related to commercial, agricultural and consumer loan applications, document preparation, file maintenance, payment processing, advances, boarding loans, participation loans and policy exceptions. Provide leadership, supervision and training for loan processors. Assumes responsibility and is accountable for adherence to regulations and bank policies and procedures. Serves as a resource to bank staff and regulators.

Essential Functions:

Supervise the day-to-day operations of the loan processing department to ensure efficiency and accuracy in all functions.

Prepare accurate loan documents for commercial, agricultural and consumer loans using the Loan Processing Software.

Responsible for loan administration/operations for commercial, agricultural, consumer and real estate loans including: boarding and maintaining loans on Fiserv, processing payments, advances and computing loan participation transactions with participating banks. Ensure proper booking, coding and maintenance of loans.

Maintain knowledge and understanding of the bank’s loan policies and credit administration procedures and perform all responsibilities according to these guidelines. Maintains knowledge of loan related compliance and documentation issues.

Prepare and conduct job performance reviews with subordinates. Participate in decisions related to the selection, promotion, transfer and discipline of assigned staff.

Schedule staff to ensure the most efficient use of resources while ensuring customer needs are met and work is completed in a timely manner.

Serve as a liaison for external examinations providing work papers, reports and information as requested.

Participate in community events to promote goodwill and generate additional business.

Perform job duties and other duties as assigned with a high level of accuracy and timeliness.


Must have excellent verbal and written communication skills, strong organizational skills and the ability to prioritize and multitask.

Must be detail oriented and results driven.

Prior experience with commercial, agricultural and consumer loan processing.

Strong computer skills including experience with Microsoft Word, Excel and Compliance One.

The ability to define problems, collect data, establish facts and draw valid conclusions.

Education and Experience:

Associates degree or equivalent from a two-year college or technical school; or 5+ years related experience and/or training; or equivalent combination of education and experience.

Previous loan experience required.

About Us:

First Farmers & Merchants Banks is an independent, family owned community bank with 16 locations in Southern Minnesota and St. Paul.

We offer a competitive salary and benefits.

Please download and complete the Employment Application and submit it along with a resume and cover letter to [email protected]

First Farmers & Merchants Bank is an Equal Opportunity Employer.

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