Loan Specialist

Big Sky Economic Development
Job Description
Are you drawn to the finance industry and helping small businesses? Do you love details and numbers? Do you want to be part of an award-winning team?
Big Sky Finance is looking for a dynamic individual to join their distinguished team. Big Sky Finance is a state-wide lending organization housed under Big Sky Economic Development that provides SBA 504 financing and other loan programs for eligible small businesses.
In this job, you would be responsible for:
  • Performing routine loan servicing actions, including but not limited to:
    • creating and maintaining loan servicing files
    • monitoring UCC filings
    • verifying coverage of property, life and other required insurances
    • verifying payment of property taxes
    • verifying job creation
    • collecting and tracking receipt of annual financial statements
    • processing loan pre-payments
  • Assisting Loan Officers with servicing actions such as subordinations, deferments, and guarantor release
  • Maintaining the Ventures loan management system database
  • Assisting with preparing the annual SBA audit and reports
  • Notarizing loan documents as needed
  • Assisting Loan Officers with loan packaging and closings as directed
  • Supporting the Director of Business Finance and Loan Officers in day-to-day operations
You’re a good fit for this job if you have:
  • A Bachelor’s Degree or college coursework in Business Administration, Finance or related field preferred or equivalent job-related experience
  • Experience in lending and commercial loan processing preferred
  • Experience working with or a knowledge of SBA loan programs preferred
  • Knowledge of commercial loan documentation preferred
  • Basic understanding of business financial statements preferred
  • Strong oral and written communication skills
  • Strong computer skills with proficient knowledge of Outlook, Word and Excel
  • Excellent personal effectiveness and time management skills
  • Excellent attention to detail
  • Excellent organization skills and the ability to create and maintain electronic and paper filing systems
  • Ability to complete NADCO SBA 504 annual industry training
  • Ability to obtain notary certification
  • Ability to travel occasionally
Please see the attached job description for a full summation of the roles, responsibilities, and requirements of this position.
Other info you should know:
  • This position reports to the Director of Business Finance
  • This is a full-time, hourly position eligible for our full suite of benefits including medical, dental, retirement (PERS), life, holiday pay, sick pay and three weeks of vacation pay a year.
  • We offer wages based on regional market data and commensurate with experience
  • This position is located in Billings, MT
How to Apply:
  1. Visit our website to apply:
Contact Information