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Equipment Finance Specialist (#124282)

May 2, 2022
Grade 4
Location: Sioux Falls, SD 
Overall Functions
This person will perform a wide variety of complex and confidential support functions for the loan operations area of the equipment finance loan portfolio. High levels of knowledge regarding loan documentation, filings and perfection of the bank’s security interest and insurance requirements are required.

This person should have Associate's Degree or higher plus three years of experience in a commercial banking environment or equivalent. The ability to work with multiple departments is critical. Computer skills, including Word and Excel, are required. Training or experience in all areas of office machines and personal computers is recommended.

1. Responsible for funding loans that have reached completion. Paying vendors via wire, in bank funds transfer or paper check
2. Image all documentation and back-up for all loans and loan denials.

3. Process paid notes and communicate to officers. Upon consulting with loan officer,
satisfy and release collateral and update system. Generate customer letters and lien releases for paid loans and mail to customer.

4. Communicate with customers when vehicle liens have not been placed in a timely fashion and try to rectify the situation with the customer.

5. Communicate with customers, and/or insurance agencies to ensure we are listed as the loss payee for the collateral on our loans.

6. Communicate with DMV locations all over the country to obtain information to ensure we are completing the lien and repossession forms properly for that state.

7. Work with the payment operations department to ensure automatic loans payments are set up, make changes to active transfers and request one-time transfers as needed.

8. Provide support as a back-up for preparing FBTSF loan documentation.

9. Act in accordance with FBT policies and procedures as set forth in the employee handbook.

10. Adhere to compliance procedures and participate in required compliance and job related training.

First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete Equal Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email