Loan Processor

AgCredit; Kentucky; On-site; USD 42,000 - 60,000; Full time

Benefits offered by this job

Competitive compensation

Top-rated benefits program

401k Plan with company match

Tuition reimbursement

Paid holidays

Job summary

AgCredit is seeking a diligent Loan Processor to support multiple lending offices across the AgCredit Territory. You will assist with loan origination, servicing, and reporting, ensuring accurate processing and timely customer service.

Two-year business/Ag business degree or equivalent experience is required, along with strong knowledge of loan documents and MS Office. Occasional travel to offices for training is expected.

Qualifications

• Two-year degree in Business or Ag Business OR high school graduate with three years of legal and/or credit related work experience.
• Experience with legal documents and loan processing.
• Ability to work independently and effectively with a diverse group of people with minimum direction.
• Demonstrates attention to detail.
• Ability to communicate effectively both orally and in writing.
• Use of discretionary judgment in making decisions and problem solving.
• Working knowledge of general business machines, i.e. PC, Calculator, copier, etc.
• Working experience with Microsoft Office products.
• Knowledge in the area of agriculture is beneficial.
• Knowledge of grammar, spelling, punctuation, and formats to recognize and correct correspondence and reports.
• Ability to travel to lending offices for training; some overnight travel is expected.

Responsibilities

• Credit delivery input and processing including coordinating with lending managers and loan specialists; ensure proper completion of loan documents and data entry.
• Prepare and maintain mortgage-related documents and satisfy collateral tracking requirements.
• Work from a queue to prioritize loan processing tasks efficiently.
• Prepare and file collateral-related processes to perfect lien positions.
• Ensure timely completion of compliance forms and documents.
• Prepare, confirm, and send wire requests for closing and funding of loans.
• Process pre-closing credit and operations forms and checklists.
• Collaborate with managers and officers to ensure proper loan approvals, pricing, and servicing requirements.

Skills

Attention to detail

Effective communication

Independent work

Discretionary judgment

Travel willingness

Knowledge of agriculture

Education

Two-year degree in Business or Ag Business

High school diploma with 3 years legal/credit experience

Tools

Microsoft Office

Job description

Join the AgCredit Team: Loan Processor

Preferred Work Location: BG, Napoleon, Kenton, and Tiffin; or within AgCredit Territory

About AgCredit

Our mission at AgCredit is to create lifelong opportunities for our customers and employees by striving to be the premier cooperative lender and employer in our rural communities. Our core values focus on relationships, respect, integrity, service, accountability, teamwork and courage for our customers' and employees' success. As a cooperative agricultural lending institution, our commitment is to our customer-owners.

Headquartered in Fostoria, OH, AgCredit serves over 7,000 member-owners in 15 lending offices throughout 18 counties across northwest and central Ohio. As part of the nationwide Farm Credit System, we are proud to return our profits back to our members through our patronage program. We hope you'll consider joining our experienced lending team as we continue to serve our customers, employees and communities.

Loan Processor - Location based on successful candidate, within AgCredit Territory

Assist all offices by performing essential duties in the lending area in support of loan origination, servicing, and reporting. Provide loan processing services and administrative support to lending teams across the Association. Provide prompt and courteous customer service to internal and external customers. Perform various other functions relating to the daily operations in all offices.

What You'll Do:

1. Credit delivery input and processing including, but not limited to, working with lending managers, account officers and loan specialists to ensure proper completion of loan documents, timely and accurate data entry, AgScore processing, CBI report processing, IRD preparation and review, all loan document preparation and printing for loan closings, decision input information, preparation for posting loans to the loan accounting system and all other loan origination support related activities to ensure proper credit and operations processing.


2. Ensure the accurate, timely and proper preparation, filing and certification of all required loan legal documents, including but not limited to notes, mortgages, and mortgage modifications to ensure the Association's ability to collect each loan. Also maintains the mortgage-tracking log.


3. Assist all lending offices by working from a queue to complete loan processing tasks in a timely and orderly manner, using independent judgment to prioritize the preparation of loan documents.


4. Prepare, perform and/or file all collateral related processes and documents to perfect the Association's collateral and/or lien position for each loan.


5. Ensure the accurate, timely and proper completions of all required compliance forms and documents.


6. Prepare, confirm, and send wire requests related to the closing and funding of loans.


7. Prepare, process, and/or perform pre-closing credit and operations forms, checklists, documents and processes.


8. Work with the lending managers, loan specialists and account officers to ensure proper loan approvals, proper loan pricing and all loans servicing requirements are met.


9. Efficiently handles the position responsibilities to enhance the financial performance of the lending teams and the Association.

What You'll Need:

• Two-year degree in Business or Ag Business OR high school graduate with three years of legal and/or credit related work experience.


• Experience with legal documents and loan processing.


• Ability to work independently and effectively with a diverse group of people with a minimum of direction


• Demonstrates attention to detail.


• Ability to communicate effectively both orally and in writing


• Use of discretionary judgment in making decisions and problem solving


• Working knowledge of general business machines, i.e. PC, Calculator, copier, etc.


• Working experience with Microsoft Office products.


• Knowledge in the area of agriculture is beneficial.


• Knowledge of grammar, spelling, punctuation, and formats to recognize and correct correspondence and reports.


• The ability to travel to lending offices, AgFirst Farm Credit Bank, and other locations for training. Some overnight travel is expected.

Benefits Offered

• Competitive compensation


• Top-rated benefits program


• 401k Plan with company match


• Tuition reimbursement, sponsored training and career development opportunities


• Generous paid time off with 11 holidays observed


• Employee Assistance Program


• Community Service PTO


• \"Dress for your day\" dress code

Schedule

• Monday to Friday, 8:00am-4:30pm

Diversity Statement / EEO Statement

We are an Equal Opportunity Employer. AgCredit strives to recruit, hire, train, and promote individuals without regard to race, color, religion, sex, national origin, age, disability, parental status, marital status, political affiliation, military service, or any other non-merit based factor. EOE including disability/veterans.