Loan Admin

MidAtlantic Farm Credit Inc.; Canton (TX); On-site; USD 42,000 - 66,000; Full time

Benefits offered by this job

Flexible vacation and sick leave

401(k) plan with employer contribution/match

Affordable health, dental, and vision plans

Job summary

A regional agricultural financing cooperative in Northeast Texas is seeking a Loan Administration Specialist. In this role, you will develop loan applicant information, assist with loan closing documents, and maintain loan records. Ideal candidates should have a high school diploma, 3-4 years of relevant experience, and general knowledge of financial systems. The position offers a comprehensive benefits package including flexible sick leave and a 401(k) plan with employer match.

Qualifications

• 3-4 years of experience in loan support operations, title company, general accounting, or banking.
• General knowledge of title insurance, crop insurance, and credit life insurance documentation.
• Good written and verbal communication skills and ability to interact with members.

Responsibilities

• Develops and organizes loan applicant information for review by loan officers.
• Prepares loan closing documents and related materials.
• Records new loans and processes loan payments.
• Answers customer inquiries and resolves routine issues.
• Operates a variety of standard office equipment.

Skills

General knowledge of accounting/financial systems

Skill in oral and written communication

Basic skill level in Microsoft Office applications

Customer service

Data entry & recordkeeping

Education

High school diploma or equivalent

Tools

Credit delivery system

Office equipment & devices

Job description

COMPANY PROFILE

Legacy Ag Credit, ACA is a full-service, locally owned cooperative lender specializing in financing rural land and agricultural operations in Northeast Texas. We are headquartered in Sulphur Springs and have six (6) offices conveniently located across the northeastern region of Texas in Sulphur Springs, Canton, Gilmer, Terrell, Longview, and Marshall. Part of the Farm Credit System, we provide financing for farms, timberland, recreational property, agribusinesses, and rural homes.

EDUCATION AND EXPERIENCE REQUIREMENTS

High school diploma or equivalent and three (3) to four (4) years or more of experience in loan support operations, title company, general accounting or banking.

JOB PURPOSE AND SCOPE

Performs intermediate-level loan administration work, such as loan closings that is varied and somewhat complex in nature. Works under moderate supervision.

ESSENTIAL FUNCTIONS

• Develops and organizes loan applicant information for review and analysis by loan officers and inputs pertinent loan data into credit delivery system.
• Assists with the closing of loans by preparing loan closing documents and related materials as directed.
• Records new loans, establishes relevant files, processes loan payments, maintains a variety of loan records and obtains credit information. Assists in maintaining and monitoring borrowers’ required insurance, UCC financing statement and deed of trust expiration dates, payment of property taxes and other loan requirements and reporting.
• Collects loan payments and performs related tasks required to service loans.
• Answers customer inquiries and resolves routine issues. Fosters good member/public relations.
• Prepares documents and correspondence for association reports as required following approved association and Farm Credit Bank policies and procedures.
• Operates a variety of standard office equipment according to detailed instructions, which may include computers, paper shredders, telephones, photocopiers, fax machines and scanners.
• Greet customers, answer phones, arrange appointments

SKILL REQUIREMENTS

General knowledge of accounting/financial systems. General knowledge of office equipment and systems used for the storage and retrieval of business information. General knowledge of standard records management and file classification practices. General knowledge of title insurance, crop insurance and credit life insurance documentation. General knowledge of documentation requirements for title policies, deeds of trust, and collateral. Specialized knowledge of written correspondence principles. Skill in oral and written communication. Basic skill level in Microsoft Office applications.

BENEFITS

Our comprehensive benefit program includes, but is not limited to:

• Accommodating and flexible vacation and sick leave
• 10-12 paid holidays per year
• 401(k) plan with up to a 9% employer contribution/match
• Affordable health, dental, and vision plans
• Employer paid life insurance and disability

TO APPLY

If you’re interested in joining the Legacy Ag Credit team and meet the minimum requirements for this position, please send your resume to:

Legacy Ag Credit, ACA

ATTN: Sherry Sturgis, Chief Administrative Officer
303 Connally