Loan Process Specialist

Farm Credit Illinois, ACA • Sherman, IL

2d

About The Position

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. This includes aggregating and organizing all pre-underwriting documents, maintaining accurate and complete electronic files, completing loan due diligence tasks, reviewing loan documentation, coordinating, and occasionally attending loan closings, and preparing loans for booking in the loan origination system.

Requirements

• General knowledge of accounting principles, practices and methods
• Working knowledge of credit processing processes and procedures
• Skill in listening and conveying awareness of a customer's problem or issue to find resolution
• Skill in utilizing a systematic approach to problem solving
• Skill in interacting and working effectively with others
• Skill in gathering, compiling and organizing information
• Skill in performing a variety of duties, often changing from one task to another of a different nature
• Skill in utilizing technology to increase efficiency
• Skill in establishing and maintaining cooperative working relationships with coworkers
• Skill in hearing with thoughtful attention
• Oral and written communication skills, sufficient to exchange information effectively with peers, supervisor and customers
• High school diploma and 3 years of related work experience in areas such as finance, accounting or general business; Or equivalent education, experience, and skillset sufficient to perform the essential functions of the job

Responsibilities

• Qualification of Loan Credit Package
• Loan Processing & Document Preparation
• Non-Traditional Loan Processing
• Loan Closing, Booking, & Funding Processing
• Member Services & Portfolio Management
• Project & Training Participation
• Data Security and Confidentiality

Benefits

• comprehensive benefits that include medical, dental, and vision
• paid time off programs, such as vacation, sick leave, parental leave, holidays, and more
• 401k plan with employer match
• professional development and learning opportunities
• Competitive compensation package.
• Grade and salary commensurate with experience, with an annualized base salary range of 48,000.00 - 65,000.00 plus a bonus based on team and individual performance.
• 401(k) with 3% employer contribution and 6% employer match, vacation days, sick days, 13 paid holidays, parental leave, and volunteer leave, along with medical, dental, vision, and life insurance as further described at https://www.farmcreditfoundations.com/fcfbenefits/
• Professional development and career growth opportunities.
• Opportunity to work for a reputable and community-focused financial institution dedicated to a positive, collaborative work environment that encompasses the association’s mission to serve our members and the agricultural industry as we strive to help farm families succeed.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 251-500 employees