Loan Admin

MINIMUM EDUCATION AND EXPERIENCE

REQUIREMENTS:

• High school diploma or equivalent and two (2) to four (4) years of experience in loan support operations, title company, general accounting or banking.
• JOB PURPOSE AND SCOPE: Performs intermediate-level loan administration work, such as loan closings that is varied and somewhat complex in nature.
• Works under moderate supervision.

ESSENTIAL FUNCTIONS:

• 1.
• Develops and organizes loan applicant information for review and analysis by loan officers and inputs pertinent loan data into credit delivery system.
• 2.
• Assists with the closing of loans by preparing loan closing documents and related materials as directed.
• 3.
• Records new loans, establishes relevant files, processes loan payments, maintains a variety of loan records and obtains credit information.
• Assists in maintaining and monitoring borrowers’ required insurance, UCC financing statement and deed of trust expiration dates, payment of property taxes and other loan requirements and reporting.
• 4.
• Collects loan payments and performs related tasks required to service loans.
• 5.
• Answers customer inquiries and resolves routine issues.
• Fosters good member/public relations.
• 6.
• Prepares documents and correspondence for association reports as required following approved association and Farm Credit Bank policies and procedures.
• 7.
• Operates a variety of standard office equipment according to detailed instructions, which may include computers, paper shredders, telephones, photocopiers, fax machines and scanners.
• OTHER

DUTIES:

• 1.
• 2.
• May greet customers, answer phones, arrange appointments and handle travel arrangements as required.
• May assist loan officers / appraisers in gathering and maintaining collateral information for input into credit delivery system and appraisal / comparable sales system.
• SKILL

REQUIREMENTS:

• General knowledge of accounting/financial systems.
• General knowledge of office equipment and systems used for the storage and retrieval of business information.
• General knowledge of standard records management and file classification practices.
• General knowledge of title insurance, crop insurance and credit life insurance documentation.
• General knowledge of documentation requirements for title policies, deeds of trust, and collateral.
• Specialized knowledge of written correspondence principles.
• Skill in oral and written communication.
• Basic skill level in Microsoft Office applications.
• PHYSICAL ACTIVITIES: Ability to sit for long periods of time.
• Ability to stand for limited periods of time.
• Ability to walk for moderate distances.
• Frequent finger/hand manipulation (e.g. keyboard, office equipment, small hand tools, etc.) Occasional lifting, carrying, pushing, and/or pulling while exerting up to 50 pounds of force POLICY AND COMPLIANCE: Compliance with FCBT and Association technology and security standards is required.
• NOTICE: This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position.
• Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by the supervisor.
• This position may frequently become involved in or be made aware of confidential business or personal information as a result of interactions 1) arising under its Job Purpose and Scope, 2) arising from other assigned responsibilities or 3) with other employees.
• It is an expectation and requirement of the job that confidential information of the bank, its associations and their customers be handled in a professional manner and not be disclosed without approval or used for personal gain.
• Non-compliance with privacy or confidential information requirements or expectations can result in disciplinary action up to and including termination of employment.
• All requirements are subject to possible modification to reasonably accommodate individuals with disabilities.
• Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees