Rural 1st Loan Servicing Specialist

Farm-Credit-Mid--americ; Louisville (TN); Hybrid; USD 45,000 - 90,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) Plan with company contributions

Paid vacation

Holidays

Tuition reimbursement

Well-being and fitness programs

Job summary

Farm Credit Mid-America is hiring a Rural 1st Loan Servicing Specialist in Louisville, KY. This full-time, hybrid role supports consumer financial services and loan servicing, processing transactions, and maintaining data accuracy across systems.

You will respond to inquiries, perform cash management duties, and help with process improvements while following established controls and procedures. Bachelor's degree preferred, 3 years of relevant experience required.

Qualifications

• High School diploma/GED with 3 years relevant experience required.
• Bachelor's Degree preferred.

Responsibilities

• Process and validate loan servicing transactions (payments, cash movements, adjustments, accruals, and billing).
• Maintain and review loan, customer, and transaction data across servicing systems for accuracy and compliance.
• Respond to inquiries by researching issues and interpreting loan agreements with clear information.
• Execute daily cash management activities including wires, ACH, settlements, and issue resolution.
• Identify and resolve routine to moderately complex operational issues and escalate when needed.
• Support reporting, audit, and process improvements and ensure high-quality outputs.

Education

High School diploma/GED

Bachelor's Degree preferred

Tools

Accounting/Finance systems

Job description

Career Opportunities: Rural 1st Loan Servicing Specialist (18756)

Requisition ID18756-Posted -Accounting/Finance

Farm Credit Mid-America is a financial services cooperative serving financial needs of farmers and rural residents in Arkansas, Indiana, Kentucky, Missouri, Ohio, and Tennessee. Our purpose is to secure the future of rural communities and agriculture. We are passionate about serving the needs of our rural communities and creating positive customer experiences.

Farm Credit Mid-America is a great place to work! We have been named as a Best Places to Work in Kentucky for the past 13 years. At Farm Credit Mid-America we put our customers and team members at the heart of all we do.

Schedule: Full Time, Hybrid
Travel Required: 0% - 5%

Compensation: The salary range for this position is estimated to be 44,552.00 – 89,931.00 annualized, which reflects the company’s current estimate of the potential compensation range at the time of posting. This salary range reflects the anticipated compensation for this position and represents one component of the total rewards package. Final compensation will be determined based on factors such as experience, skills, education, qualifications, and allotted budget. The organization offers a comprehensive benefits program as part of its overall compensation strategy, and salary ranges are reviewed periodically to remain aligned with market conditions.

Benefits At A Glance

Eligible team members have access to a comprehensive benefits package that includes:

• Medical, dental, and vision insurance
  
• Well-being and fitness reimbursement programs
  
• Paid vacation, sick leave, and holidays
  
• 401(k) plan with company contributions and matching opportunities
  
• Paid parental leave
  
• Short-term and long-term disability coverage
  
• Tuition reimbursement and professional development programs
  
• Community involvement and volunteer opportunities
  
• Variable compensation opportunities for eligible positions

About Our Opportunity

The Rural 1st Loan Servicing Specialist provides exceptional internal and external customer service by supporting the delivery of consumer financial services and loan servicing needs. This role processes transactions, maintains accurate loan and customer data, and responds to internal and external inquiries to ensure a consistent and compliant loan servicing experience. The specialist contributes to operational accuracy, risk mitigation, and client service by following established procedures and supporting continuous improvement.

The Rural 1st Loan Servicing Specialist builds foundational knowledge and skills to contribute to core work within the team. Team members focus on learning processes, applying guidance from more experienced colleagues, and delivering accurate work in a supportive, structured environment. They are developing confidence, strengthening capability, and gaining familiarity with our systems, relationships, and expectations.

How You Will Spend Your Time

• Process and validate loan servicing transactions (e.g., payments, cash movements, adjustments, accruals, and billing) ensuring accuracy, timeliness, and adherence to procedures.
• Maintain and review loan, customer, and transaction data across servicing and accounting systems to ensure completeness, accuracy, and compliance with regulatory and internal standards.
• Respond to internal and external customer inquiries by researching issues, interpreting loan agreements, and providing clear, accurate information.
• Execute daily cash management and banking activities, including wires, ACH transactions, settlements, and issue resolution, while following fraud prevention and approval protocols.
• Identify and resolve routine to moderately complex operational issues, escalating higher-risk or complex discrepancies as appropriate.
• Support reporting, audit, and control processes by monitoring outputs, gathering documentation, and contributing to process improvements and standardization efforts.
• Completes assigned tasks accurately by following established processes, guidance, and quality standards.
• Applies direction from more experienced team members to build skill, confidence, and reliability.
• Maintains organized, complete, and dependable work products that support team workflow.
• Asks questions to clarify expectations and deepen understanding of systems, processes, and procedures.
• Contributes to team goals through collaboration, communication, and consistent follow-through.
• Identifies opportunities to strengthen personal work habits, accuracy, and efficiency as skills develop.

Education & Experience

• High School diploma/GED with 3 years relevant experience required.
• Bachelor's Degree preferred.

Mental & Physical Requirements

While performing the responsibilities of this role, team members typically sit for extended periods, use hands for computer and office tasks, and communicate verbally. Standing or walking may be required on a frequent basis, with occasional reaching, lifting, or moving items weighing up to ten pounds. Vision requirements include close and distance vision. The work environment generally involves a moderate noise level. This role requires sustained mental focus, problem-solving, and the ability to manage multiple tasks, with extended computer use common. Some positions may include additional physical or mental requirements related to driving, such as holding a valid driver’s license and the ability to travel long distances. Reasonable accommodations will be considered to enable individuals to perform the essential functions of the role.

Farm Credit Mid-America provides a competitive total rewardspackage to our team members. This includes an award winning 401(k) Plan.Our Health and Financial wellness benefits provide safety, security and peace of mind for you and your family.Here is a highlight of our Total Rewards and Benefits .

Farm Credit Mid-America is an equal opportunity employer, and all applicants will receive consideration for employments without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability, or any other category protected by law.