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Lending Assistant Jobs in Riceville, IA (NOW HIRING)

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Lending Assistant information

See Riceville, IA salary details

$21.4K

$36.1K

$54K

How much do lending assistant jobs pay per year?

As of Aug 22, 2026, the average yearly pay for lending assistant in Riceville, IA is $36,075.00, according to ZipRecruiter salary data. Most workers in this role earn between $30,000.00 and $38,600.00 per year, depending on experience, location, and employer.

What is a lending assistant?

Lending Assistants are banking professionals who support loan officers and lending teams in processing loan applications, preparing documentation, and communicating with clients. They help ensure that loan files are complete and compliant with regulations, coordinate with internal departments, and provide administrative support throughout the lending process. Their work is vital in streamlining the loan approval process and maintaining strong client relationships.

How does a lending assistant typically collaborate with loan officers and clients during the loan process?

Lending Assistants play a critical support role by coordinating communication between loan officers, clients, and other departments. They help gather and organize necessary documentation, schedule meetings, and ensure that all paperwork complies with regulatory and institutional policies. This close collaboration helps streamline the lending process, resolve issues efficiently, and maintain a high level of customer service. Working as part of a team, Lending Assistants often act as the first point of contact for clients, ensuring their questions are addressed and keeping the loan process moving smoothly.

What are the key skills and qualifications needed to thrive as a lending assistant, and why are they important?

To thrive as a Lending Assistant, you need a solid understanding of loan processing, financial documentation, and banking regulations, typically supported by a high school diploma or associate degree. Familiarity with loan origination systems (LOS), customer relationship management (CRM) software, and Microsoft Office Suite is commonly required. Strong attention to detail, organizational skills, and effective communication help you excel in client interactions and team collaboration. These skills ensure accurate loan processing, regulatory compliance, and high-quality customer service in a fast-paced lending environment.

What is the difference between Lending Assistant vs Loan Processor?

AspectLending AssistantLoan Processor
CredentialsHigh school diploma; some roles may prefer associate degreeHigh school diploma; some roles may prefer associate degree or relevant certifications
Work EnvironmentBank branches, mortgage offices, or lending departmentsLoan processing centers, banks, or mortgage companies
Primary ResponsibilitiesAssisting with customer inquiries, scheduling appointments, preparing documentsReviewing applications, verifying information, preparing loan documentation
Industry UsageCommonly used in banking and mortgage sectorsUsed in banking, mortgage, and lending institutions

While both roles support the lending process, a Lending Assistant primarily handles customer service and administrative tasks, whereas a Loan Processor focuses on verifying information and preparing loan documents. Understanding these differences helps in choosing the right career path or job search focus within the lending industry.

What cities near Riceville, IA are hiring for Lending Assistant jobs?

Cities near Riceville, IA with the most Lending Assistant job openings:

Lending Assistant jobs near you
Infographic showing various Lending Assistant job openings in Riceville, IA as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, 1% Temporary, and 4% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $36,075 per year, or $17.3 per hour.

Credit Administration Supervisor

First Security Bank & Trust

Charles City, IA

Full-time

Re-posted 11 days ago

Job description

Join Our Team at First Security Bank & Trust in Charles City, IA
Are you a supportive leader who values accuracy, mentorship, and meaningful connection? We’re seeking a Credit Administration Supervisor to guide our Credit Analysts and help strengthen the financial foundation of the customers and communities we serve. In this role, your expertise will shape complex credit decisions, your leadership will help others grow, and your compassion will foster a collaborative, trusted environment. If you’re motivated by developing people, solving problems, and contributing to a purpose-driven team, you should consider joining our Credit team.

POSITION SUMMARY: Provide leadership and working supervision for the Credit Analysts. Prepare and analyze financial statement spreads and loan presentations for all loans with an emphasis on the bank’s largest and most complex borrowers. Evaluate the financial condition of individuals and businesses applying for credit with the financial institution. Provide training as requested to Credit Analysts and new lenders.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Prepare and analyze financial spreads using the bank’s software in a timely and accurate manner for loans requests of any relationship/size, including the largest and most complex lines and those with unusual structures or industries.
  • Develop material for and assist with or make loan presentations to Loan Committee when requested. Serve as a non-voting participant of the Loan Committee.
  • Perform collateral analysis on impaired loans.
  • Assist Chief Credit Officer with preparation of monthly reports for Credit Committee, as well as the Board of Directors.
  • Assist Chief Credit Officer with work out situations on troubled credits.
  • Assist Ag/Commercial Lenders in monitoring credit portfolios.
  • Responsible for performing timely loan review and bringing issues of concern forward to the Chief Credit Officer’s attention. Recommend loan grades.
  • Monitor both purchased and sold participations for interim and other documentation that is required per loan agreements and participation agreements.
  • Assist the Loan Department and bank in achieving its goals for profit, growth, and loan quality.
  • Assist other Loan Department personnel as requested.
  • Provide leadership, mentorship and eventually direct supervision for the Credit Analysts.
  • As assuming direct supervision, conduct performance evaluations for Credit Analysts and provide coaching to help employees resolve performance issues.
  • Provide training and education to less experienced Credit Analysts and new lenders as appropriate.

  • Participate in community activities to increase the bank’s visibility and to enhance new business opportunities. Participate in bank-sponsored events as outlined in financial institution’s “Community Events Program”.

  • Perform additional duties as they become assigned or apparent.

DESIRED KNOWLEDGE, SKILLS, & ABILITIES

  • Excellent analytical skills, including the ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to organize and supervise work of others and have a good understanding of all bank departments to coordinate departmental responsibilities with individuals in other departments.
  • Excellent communication skills. Ability to interact comfortably with internal and external customers.
  • Ability to coach others for optimal job performance.
  • Strong computer skills utilizing Excel, Word, and other industry specific software. The position requires the competency to serve as an Admin for our financial analysis software.

  • Ability to work in an environment with sensitive information, maintaining a high level of confidentiality at all times.

  • Proven record of problem-solving skills.

  • Ability to travel as needed for job related education, workshops, and conferences.
  • Working knowledge of both Federal and State of Iowa lending specific rules and regulations.

QUALIFICATIONS

Education: Bachelor’s degree in accounting, financial management, business administration or related field.

Experience: 7 years combined experience in portfolio management, credit underwriting, credit analysis, or lending with agricultural and commercial relationships. A minimum of 4 years of credit analysis experience and 2 years supervisory experience is preferred.

Statements included on this job description are intended to describe the general nature and level of work performed by the employee(s) assigned to this job. The statements should not be construed as an exhaustive list of responsibilities, duties, and skills required. Accommodations will be made to allow for meeting the above requirements when it does not place “undue hardship” on First Security Bank & Trust.


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