Commercial-Ag Loan Production Associate

State Bank of Cross Plains; Town of Middleton; On-site; CAD 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a Commercial-Ag Loan Production Associate to enhance the loan process for customers. This role is pivotal in ensuring that all documentation and contingencies are met prior to loan closings, working closely with both customers and the lending team. The ideal candidate will possess strong interpersonal and communication skills, enabling effective collaboration with clients and internal teams. This position promises a dynamic work environment where attention to detail and organizational skills are paramount. Join a team committed to providing exceptional service and supporting business development efforts.

Qualifications

• 5+ years experience in lending or loan processing.
• Strong communication skills for effective customer interaction.
• Ability to work in a fast-paced environment with attention to detail.

Responsibilities

• Manage loan renewals and new requests, ensuring compliance.
• Coordinate and schedule loan closings with lenders.
• Verify and validate loan documentation for accuracy.

Skills

Interpersonal Skills

Communication Skills

Accounting Skills

Problem Solving Skills

Organizational Skills

Attention to Detail

Customer Service

Education

Associate's Degree in Finance or Business

Bachelor's Degree

Tools

Microsoft Office Suite

Laser Pro

Job description

Commercial-Ag Loan Production Associate

Job Locations

US-WI-Middleton | US-WI-Evansville

# of Openings

1

Category

Loan Operations/Underwriting

Overview

The Loan Production Associate is responsible for providing a smooth loan process for our customers by ensuring all documentation and contingencies are met prior to Commercial and Ag loan closings. This position will work with customers and our Commercial and Ag Lending teams throughout the entire loan process to collect all necessary documentation & contingencies, input all relevant information accurately and review appropriately in order for the loan closing to happen on time and to the customer's expectations while following loan policy, internal procedures and compliance regulations. This role will remain knowledgeable in determining proper documentation and providing excellent customer service to existing and prospective clients in order to support customer retention and business development efforts.

Responsibilities

Manage lender's loan renewals and new loan requests & complete due diligence to prepare for underwriting and approval.
• Re-verify that credit request has up-to-date information to determine proper loan documents required for the loan closing based on the approval and loan product.
• Verify all supporting documentation to verify owners & authorized signers, accurate addresses, collateral descriptions and proper insurance.
• Work with Lender for collection of any outstanding loan approval contingencies.
• Verify and accurately input codes including but not limited to product code, class code, purpose code, part 365 code, aggregate debt, new money, collateral codes, LTV and appraised value.
• Review final appraisal or real estate valuation. Properly validate notices are provided to clients when applicable. Adjust documentation in file for updated values.
• Coordinate and schedule closings with Lender and other members of the team as appropriate.
• Work with third party individuals as needed such as insurance agents, title companies and financials to obtain payoffs, when applicable.
• Prepare commercial and ag loan closing documents, utilizing Laser Pro and any ancillary systems required to retrieve documents.
• Validate that all compliance requirements are met and accurate, including but not limited to CIP, CRA, HMDA, Beneficial Ownership and Reg. B.
• Perform peer reviews of loan document packages prior to loan closings to identify corrections needed.
• Process Adverse Action for loan requests that are denied, withdrawn, closed for incompleteness or approved but not accepted timely and accurately following loan regulations.
• Properly process and document collateral and/or guarantor change requests.

Additional Responsibilities

• Build trust and rapport with lenders, credit and closing by being a direct contact for them.
• Keep lines of communication open by acting as a liaison between customers, commercial/ag bankers, underwriters and other bank personnel.
• Perform other duties as assigned or requested.

Adhere to all Bank Security/Compliance Regulations

• Complete all annual bank security and compliance training
• Adhere to Bank Security/compliance and policy guidelines for commercial loan area.
• Maintain confidentiality of customer information at all times.
• Stay current on all compliance regulations required through training and education

Qualifications

• Associate's degree in finance, Accounting, Business and/or similar field of education and/or minimum 5 years previous work experience in lending, loan processing, loan closing, underwriting, banking or similar work experience.
• Previous experience working with high profile clients and/or direct customer service experience.
• Well-developed interpersonal and communication skills (verbal & written) in order to communicate and relate effectively with customers and associates
• Good accounting/math skills with the ability to work precisely with numbers and financial calculations.
• Demonstrated ability to represent the organization in a professional, positive manner
• Demonstrated problem solving skills with the ability to make independent decisions
• Strong organizational skills with the ability to prioritize multiple competing tasks and work in a fast-paced environment.
• Strong attention to detail with excellent follow up skills
• Demonstrated ability to take initiative and to provide ownership over own work in order to get the job done.
• Strong organizational skills, including the ability to prioritize and remain calm while working in a fast paced/deadline driven environment.
• Good working knowledge of Microsoft Office Suite, proficient typing/keyboarding skills and the ability and willingness to learn new programs and software.
• Ability to maintain confidential customer information.
• Ability to read, write, understand and speak English clearly.
• Ability to represent the organization in a professional, positive manner.

Preferred Qualifications

• Bachelor's degree or 5+ years previous commercial loan processing/underwriting experience.
• Knowledge of Commercial and Agricultural documentation.

Lake Ridge Bank values a diverse workforce and is an Affirmative Action/Equal Opportunity Employer. Minorities, Females, Veterans, and Individuals with Disabilities encouraged to apply.

Consistent with Lake Ridge Bank's commitment to employ and advance qualified individuals with disabilities, Lake Ridge Bank provides reasonable accommodation to apply for or perform a job. Some examples of reasonable accommodation include alternate methods to apply, providing documents in an alternate format, altering work procedures, specialized equipment or use of an interpreter. If an individual needs reasonable accommodations to apply or perform a job here at Lake Ridge Bank, please contact Human Resources at [phone] or email us.