AgDirect Closing Specialist

Farm Credit Services of America•Omaha, NE

16h•Onsite

About The Position

AgCountry Farm Credit Services (AgCountry), Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit are financial cooperatives that operate under shared management across eight states. While each association is owned by its local farmers and ranchers, they collaborate by pooling resources, expertise, and talent to provide affordable credit, crop insurance, and financial services. Our associations are united by a common mission and commitment to serving rural America and supporting each other, which drives the success of the farmers, ranchers, and agribusiness we serve. We take pride in being a great place to work, and this enthusiasm is reflected in the relationships our team members foster with one another and with our customers. We are seeking a highly motivated and specialized Closing Specialist to work for our AgDirect team. This Closing Specialist will be responsible for performing loan closing functions which include funding Retail Installment Contracts (RICs), Loans, and Leases, by ACH, Wire and/or Check. Protect organization assets by ensuring perfection of liens. Review accuracy of documentation as well as identify and report potential fraudulent situations. Ensure repayment and collectability of Associations assets by ensuring a first Lien position for each asset being financed. Ensure compliance with all regulations and procedures associated with closing and booking. Work at a fast pace while maintaining a high level of accuracy. Develop and maintain strong working relationships with dealers, customers, and Association Partners by providing consistent high-quality. Utilize strong communication skills to direct closing and funding activities through third party partners.

Requirements

2+ years of commercial lending experience
Have a thorough understanding of loan and lease origination systems, General Ledgers, and Financial Software Applications
Knowledge of financial principles and their application to credit delivery

Responsibilities

Verify receipt of complete document package, including validity of borrower and dealer signatures.
Contact dealers, customers, partners, and internal teammates to obtain corrected or missing documentation.
Initiate and document all ACH, check, and wire disbursements for retail installment contracts, loans and leases using appropriate systems.
Ensure data accuracy and data security to minimize any fraudulent activity.
Resolve General Ledger discrepancies and ensure prompt follow-up and communication with appropriate parties.
Generate booking files and ensure accuracy of loan information prior to sending to Loan Accounting File and monitor appropriate legal documentation with public government offices through both electronic and hard copy means to perfect lien position.
File and label documents for indexing and record retention via the electronic filing system.
Direct funding activities to be completed by third party partners and confirm compliance with legal contracts.