Hybrid Loan Documentation Specialist (Part-Time)

American AgCredit; Dodge City (KS); Hybrid; USD 53,000 - 86,000; Part time

Benefits offered by this job

Medical, Dental and Vision coverage

Outstanding 401k - automatic 3% and 6%

Paid Time Off: 21 vacation days, 15S,

12 holidays + 16 hours volunteer time

Job summary

American AgCredit is seeking a Retail Documentation Specialist to manage the document preparation process for mortgage and commercial loans in a centralized loan documentation department. You will review and draft a wide variety of loan documents, assisting with servicing actions and ensuring accuracy across closing conditions.

The role requires meticulous attention to detail, strong written and verbal communication, and the ability to work under time constraints.

Qualifications

• High school diploma, plus at least two years of post-high school education is required.
• Three (3) years' experience documenting mortgage and/or commercial loans, title company record searching, and/or escrow experience is required.
• Knowledge of legal requirements for documenting loans secured by real and personal property; understanding of title insurance practices and procedures.
• Demonstrated ability to generate highly accurate work and make independent decisions.
• Prioritization / Time Management: Demonstrates ability to assess multiple tasks or issues which are competing for a limited amount of time or resources and determine the order in which each will be addressed; sets priorities, goals, and timetables to achieve maximum productivity.
• Ability to work on tight time constraints, problem solve and negotiate deadlines and perform multiple tasks simultaneously including preparing loan documents and facilitating revisions to previously completed loan documents.
• Continuous Learning: Takes initiative for learning and development by acquiring and refining of technical and professional skills needed in job related areas; proactively seeks performance feedback and identifies approaches to improve own performance.
• Exceptional written and verbal communication skills.
• Exceptional interpersonal skills.
• Ability to use software and information technology to collect, organize, retrieve, maintain and disseminate information. Ability to use technology in new or complex situations.

Responsibilities

• Research and analyze loan packages including diverse and mixed collateral options, to independently prepare loan documentation according to loan request and approval for moderately complex loans.
• Manage loan preparation for loan servicing actions, which include assumptions, partial releases of personal and/or real property, lot line adjustments, consents to easements, logging permits, re-amortizations and releases of liability.
• Independently examine each loan transaction. Recognize and resolve discrepancies in instructions and noncompliance with policies and procedures, and instruct staff appropriately.
• Ensure all loan controls and closing conditions for the approved loan transaction are reflected in the final loan documents.
• Review and interpret trust certifications and entity documentation to determine authority of non-complex signers, which may involve multiple and various types of entities.
• Review and analyze appraisal reports to determine the collateral valued for the transaction, owners of collateral and the necessary security documentation needed to perfect AAC's lien on real property as well as associated personal property.
• Independently examine personal property and real property searches, preliminary title/commitment reports and copies of other lien filings to confirm that American AgCredit's lien position meets approved requirements.
• Draft escrow instructions for real property secured transactions, determining appropriate level of coverage is required with necessary title endorsements, American AgCredit's lien will be subject to appropriately approved title exceptions, and requirements comply with American AgCredit policies and procedures.
• Compose and prepare correspondence; edit and proof various loan related documents. Create/draft loan conditions precedent, financial covenants and post-close loan conditions.
• Answer inquiries and provide information to branch personnel, and/or direct other inquiries to the appropriate person. Identify and provide details of deficiencies in loan documentation information and packages to gain more efficiency and provide better customer service.
• Perform other functions assigned.

Education

High school diploma, plus at least two years of post-high school education is required

Job description

American AgCredit is seeking a Retail Documentation Specialist to manage the document preparation process for mortgage and commercial loans in a centralized loan documentation department. You will review and draft a wide variety of loan documents, assisting with servicing actions and ensuring accuracy across closing conditions.

The role requires meticulous attention to detail, strong written and verbal communication, and the ability to work under time constraints.