Loan Review Specialist

Northwest Farm Credit Services • Tulare, CA

253d • $47,200 - $70,800

About The Position

AgWest Farm Credit is a member-owned financial cooperative that provides financing and related services to farmers, ranchers, agribusinesses, commercial fishermen, timber producers, rural homeowners and crop insurance customers in a seven-state territory in the Western United States. AgWest is part of the 100+ year-old Farm Credit System - the leading provider of credit to American agriculture. AgWest champions the growth and advancement of agriculture, the value of rural communities, and the vital contribution our customers make to the economy and society. We serve customers in 59 locations throughout the West. We are in search of a Loan Review Specialist I or II to join our Loan and Lien Documentation department in Tulare, California. This full-time position reports to the Director, Loan Review and is performing quality control review, document preparation, and analysis of basic loan and loan servicing submissions. This position is eligible for a hybrid work schedule and one-time home office stipend after initial training period.

Requirements

• High school diploma or equivalent
• Ability to develop a functional understanding of the loan review process, including a solid knowledge base of loan products and guidelines, association policies and procedures, and origination software specifications
• Ability to develop a solid understanding of real property and personal property collateral documentation and perfection
• Attention to detail when analyzing loan packages and preparing loan documentation

Nice To Haves

• Mortgage lending, application/loan processing, title and/or law firm experience
• Understanding of real property and personal property collateral documentation and perfection

Responsibilities

• Evaluate new loan and loan servicing requests and submissions, following established procedures and using acquired knowledge, to ensure the compliance and legal enforceability of loan paper and perfection of collateral on secured loans and loan servicing.
• Review and interpret legal and ancillary of collateral documentation provided with the loan requests, including access and right of way related agreements, water rights documentation, easements, leases, licenses and permits pertaining to real property to identify any existing or potential issues.
• Review and analyze organizational documentation of business entities (such as corporations, limited liability companies, partnerships, etc.) and trust agreements to identify any material issues that may impact loans; work with branch staff to remedy issues.
• Identify and remedy issues reflected on title insurance.
• Perform all duties and maintain all standards in accordance with company policies, procedures, and internal controls.
• Other duties as assigned.

Benefits

• Medical, dental, and vision insurance
• Basic term life and AD&D insurance (fully paid for by the company)
• Paid days off annually: 15 vacation*, 15 sick, 11 holidays and 3 volunteer
• 401(k) plan (6% match plus 3% employer contribution)
• Employee Assistance Program
• Wellness Program
• Jeans are welcome at work every day at AgWest!

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED