Loan Process Specialist

Farm Credit; Sherman (IL); On-site; USD 52,000 - 76,000; Full time

Job summary

Farm Credit is seeking a Loan Process Specialist to join the Field Operations Department. The role acts as the Deal Champion for loans and ensures timely, accurate processing for loans originated by Lending AVP/VP and Regional Manager.

You will participate in multiple stages of the credit lifecycle and support coordination with Credit Services and external partners. The successful candidate will gather and review loan documentation, input data into the origination system, and facilitate closings

Qualifications

• High school diploma and 3 years of related experience in finance, accounting, or general business or equivalent education and experience.
• Experience performing loan processing tasks with due diligence.
• Ability to gather, review, and organize documentation for loan submissions.

Responsibilities

• Gather, review, and organize required loan documents for submission to Credit Services.
• Enter loan data into the loan origination system and serve as point of contact for inquiries.
• Process new and existing loans with due diligence and coordinate with internal and external partners.
• Lead processing for real estate, FLCA, PCA, non-traditional, and government loans including title work and funding.
• Support closing, booking, funding by reviewing docs and coordinating filings.
• Provide ongoing member service through servicing requests and monitoring portfolio docs.
• Participate in training, projects, and committee work while upholding security and standards.

Skills

Accounting principles

Credit processing

Organizational skills

Problem solving

Communication

Relationship building

Multitasking

Technology usage

Collaboration

Education

High school diploma + 3 years experience

Tools

Loan origination system

Job description

The Loan Process Specialist serves in the Field Operations Department and reports directly to a Regional Manager located in one of the regional offices. This role acts as the “Deal Champion” for loans and ensures timely and accurate processing of loans originated by Lending AVP/VP and RM. The Loan Process Specialist participates in several stages of the credit lifecycle for all relevant loans.

For more information regarding salary and benefits, please visit our website: https://fci.csod.com/ux/ats/careersite/4/home/requisition/73?c=fci

What You Will Contribute

• Serve as the primary support for loan applications by gathering, reviewing, and organizing required documentation and ensuring complete and accurate files for submission to Credit Services
• Assist with pre‑qualification activities by collecting member and prospect information, entering loan data into the loan origination system, and serving as the point of contact for loan‑related inquiries
• Process new and existing loans by completing required due diligence, reviewing loan documentation, coordinating with internal teams and external partners, and supporting loan closings
• Lead and support processing for real estate, FLCA, PCA, non‑traditional, and government‑related loans, including title work, collateral documentation, and funding activities
• Support loan closing, booking, and funding by reviewing documentation for accuracy, coordinating required filings, and submitting completed packages to internal custodians and accounting teams
• Provide ongoing member service by facilitating loan servicing requests, monitoring portfolio documentation, supporting cross‑sell opportunities, and assisting team members as needed
• Participate in training, projects, and committee work while upholding data security, confidentiality, and Association standards

What We Are Looking For

Required Skills

• General knowledge of accounting principles and credit processing procedures
• Strong organizational skills with the ability to gather, compile, and manage detailed information
• Effective problem‑solving, communication, and relationship‑building skills
• Ability to manage multiple tasks, adapt to changing priorities, and utilize technology to improve efficiency
• Ability to work collaboratively and maintain positive working relationships

Minimum Qualifications

• High school diploma and 3 years of related experience in finance, accounting, or general business
  or equivalent education, experience, and skillset sufficient to perform the essential functions of the role