Loan Specialist

Colonial Farm Credit•Farmville, VA

2d•$46,900 - $57,200•Hybrid

About The Position

Colonial Farm Credit is an agricultural credit cooperation that provides loans for farms and country homes, land purchase, home construction, and improvements, buildings, machinery, livestock and equipment, production capital for both full-time and part-time farmers, and ag-related businesses. This position is responsible for loan and accounting functions related to loan processing, loan closing, and loan servicing following procedures specific to Farm Credit. It also includes a variety of administrative responsibilities such as answering the telephone, greeting customers, handling routine questions, and directing callers appropriately. The Loan Specialist works closely with relationship managers, handles all aspects of loan closings post-approval, and is responsible for loan servicing, including payments, disbursements, and preparation of loan documents. This role requires clear communication with attorneys/settlement agents and borrowers. Farm Credit loans are maintained in their loan portfolio through the life of the loan.

Requirements

Minimum of three years of related work experience
Computer experience with intermediate skills in Microsoft Outlook, Word, and Excel
Commissioned as Notary Public (current commission or application to be filed coincident with employment)
Ability to effectively handle multiple tasks and work independently (general supervision)
Excellent communication (oral and written) skills and interpersonal skills
Ability to maintain confidentiality
Superior attention to detail
Strong telephone, customer service, grammatical, and organizational skills
Acceptable background reports (credit, criminal, driving, and drug)
High school graduate (minimum)

Nice To Haves

Knowledge of Farm Credit operations
Associate’s degree from community or business college
Real estate paralegal (knowledge of deeds, deeds of trust, mortgage notes, title insurance; residential and acreage real estate transactions) and/or mortgage experience

Responsibilities

Loan and accounting functions related to loan processing, loan closing, and loan servicing.
Administrative responsibilities including answering telephone, greeting customers, handling routine questions, and directing callers.
Working closely with relationship managers (loan officers).
Handling all aspects of loan closings following loan approval and post-closing.
Loan servicing, including loan payments, loan disbursements, and preparation of loan documents.
Clear communication with attorneys/settlement agents and borrowers.