Careers
Since 2004, 1st State Bank has recognized that our talented banking professionals have enabled us to become bank of choice for business in the Great Lakes Bay Region. We employ both full and part-time positions throughout our five locations in Saginaw, Bay City, and Midland and offer a friendly work environment, competitive salaries, and benefit packages. 1st State Bank is an AA/EEO Employer.
To join our team apply for one of our current openings!
Current Openings:
If one of the opportunities below feels like the right fit, we encourage you to submit your resume and salary requirements: E-Mail
Credit Analyst
The primary purpose of the position is to evaluate the financial condition of businesses and individuals applying for credit with 1st State Bank, by providing an independent credit review and risk assessment on such loan requests. This position will work closely with the loan and lending staff to prepare presentations that include documentation risk, collateral risk, and repayment of loans.
Position Summary
This position will establish a basic understanding of loan policy, with little to no experience previous, while continuing to develop in the Credit Analyst role. As Credit Analyst I, this position will assist in testing covenants, do regular analysis of smaller loan relationships, working on projects/matters of limited complexity in a support role, create relevant databases and reports, as needed by loan officers and committees as requested.
Duties/Responsibilities
- Analyze information and prepare loan analysis reports as assigned
- Prepare new applications or renewal/extension of requested loans
- Complete evaluation of collateral materials
- Assist Business Lenders in the management of customer relationship through credit file tracking, financial statement monitoring, credit reviews and analysis of financial performance
- Utilize financial spreading software to analyze borrower information
- Utilize tools from outside sources when conducting credit and industry analysis
- Perform work following department work processes and ethics standards
- Prepare minutes for loan committee meetings
- Perform due diligence on existing files as needed
- Support Loan Documentation Department as needed
- Performs other duties as assigned.
- Follows all 1st State Bank policies, procedures, compliance, and security practices.
Required Skills/Abilities
- Good organizational and problem-solving skills
- Good written and verbal communication skills
- Ability to adapt to changing deadlines and workload
- Incorporate Bank Values within work environment
- Moderate knowledge of Microsoft Word and Excel
- Basic understanding of loan policy and reporting needs
Qualifications
- Bachelor’s Degree in Business, Finance, Accounting, Statistics, Economics, or comparable
Mortgage Processor
Position Description
The primary purpose of the position is processing residential mortgage and consumer loans. The Mortgage Processor / Underwriter I will process mortgage files from application to close, ensuring compliance with appropriate Bank and secondary market investor standards.
Position Summary
This position will understand the mortgage process, handle several loans in varying degrees, with the ability to work independently and as a team, to meet Bank and Mortgage goals and deadlines. This position will have the knowledge of and ability to order required documents and verifications, basic understanding of how to review credit reports and have proficiency with appropriate computer software for work processes.
Duties/Responsibilities
- Perform administrative duties of real estate mortgage loans within the guidelines of secondary market and regulatory compliance standards, and Bank Policy
- Facilitate quality control audits
- Process various mortgage related loan applications, such as home equity, VA, RD, MSHDA, conventional, construction, consumer and/or commercial property purchases, for closing
- Manage loan lifecycle, ensuring files are complete, organized and processed for servicing.
- Sell loans on secondary market.
- Monitor centralized mortgage email account, as needed.
- Assist internal and external customers with mortgage loan payoff information and other account inquiries as appropriate.
- Gather and review appraisals, employment and income verifications, flood and hazard insurance, condo questionnaires and other documents for completeness and accuracy, prior to loan closings.
- Reviews and assembles accurate loan information in a timely manner to obtain applicable loan approvals.
- Communicate with Mortgage Originators to resolve problems or questions regarding application information.
- Knowledge of Freddie Mac, Fannie Mae, and portfolio loan guidelines for automated underwriting software.
- Prepare and distribute mortgage disclosures.
- Input all consumer loans into the mortgage origination system.
- Complete Condo Questionnaires.
- Prepare closing package and send to title company – Approve closing disclosures.
- Complete decline and incomplete files • Conduct HMDA and Post Close Loan reviews.
- Perform other duties, as assigned.
- Follow all 1st State Bank policies, procedures, compliance, and security practices.
Required Skills/Abilities
- In-depth knowledge and understanding of Microsoft Word and Excel
- Ability to maintain accuracy in a fast-paced environment.
- Capacity to adhere to all regulatory and compliance requirements.
- Ability to work under deadlines.
- Displays organizational and time management abilities.
- Good verbal and written communication skills.
- Demonstrates good judgement, effective decision making and problem-solving skills.
Qualifications
- High School diploma (required)
- Associates degree in business (preferred)
- Minimum of two years’ work experience in mortgage processing / underwriting