Loan Process and Documentation Specialist I

Central Texas Farm Credit • Comanche, TX

3d • Onsite

About The Position

Central Texas Farm Credit, ACA is seeking a detail-oriented Loan Processing and Documentation Specialist to support our borrowers and lending team by ensuring accurate and timely loan processing from application through closing. You will work closely with loan officers, credit analysts, and branch staff to coordinate responsive completion of loan workflows, information processing, and loan closing packages, while ensuring a consistent, high-quality experience is delivered to every borrower.

This position is required to work on-site at one of our branch office locations. Exact office will be determined by applicant’s residence and branch space availability. Applicants must be willing to relocate if residency is not within a reasonable driving distance from our established territory.

Requirements

• Associate’s degree plus two (2) years of experience in the banking or financial services industry.
• Specialized knowledge of association bylaws, policies, and procedures.
• General knowledge of accounting/financial systems.
• General knowledge of accounting/finance principles.
• Skill in oral and written communication.
• Basic skill level in Microsoft Office applications.

Nice To Haves

• Experience in the administration or processing of commercial and/or mortgage loans preferred.

Responsibilities

• Manages loan workflow process of assigned loans from application to loan closing in loan origination system.
• Assists loan officers, credit analysts, and branch staff with data input, and due diligence on any new loan applications.
• Complies with proper credit administration practices as outlined in the association’s policies and procedures.
• May assist loan officers, credit analysts, and branch staff with monitoring and due diligence of existing loans.
• Assists loan officers, credit analysts, and branch staff with basic to more complex loan servicing actions.
• Verifies that all loans are approved by an individual with appropriate delegated lending authority.
• Verifies that identifying information of applicant(s) is accurate.
• Completes OFAC search on all applicants when necessary.
• Prepares and assembles loan closing documents and sends a closing document package to the branch office for execution. Retains copy of the closing packet to compare to executed loans documents before funding.
• Verifies that all loan information is accurate and that all documents are properly executed before completing the loan origination system setup process to book loan to association’s loan accounting system and approving funding.
• Prepares and sends loan modification documents as requested to the branch office. Compares executed modification documents with retained copy for accuracy.
• Records new loans, establishes relevant files, and maintains a variety of loan records.
• Monitors the booking of loans and verify the accuracy of the database.
• Responds to loan service requests.
• Assists with customer service inquiries.

Benefits

• Medical, dental, vision, and life insurance
• 401(k) with employer match, plus HSA contributions
• Paid annual leave, sick leave, and paid holidays
• Employee incentive plan and corporate apparel

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree