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Career Opportunity: Loan Administrator

Job Title
Loan Administrator
Organization
Mississippi Land Bank, ACA
Location
Cleveland, Mississippi
Department
Experience Level
Entry Level (1-4 years)
Supervisor's Title
Category
Accounting
Salary Range
DOE, depending on experience
Posted Date
Tuesday, September 19, 2017
Closing Date
Open until filled
Job Description

Mississippi Land Bank is a financial institution that provides financing for agriculture, agribusiness and rural real estate purchases and improvements. The institution is headquartered in Senatobia, Mississippi with six full time branch offices and four satellite offices that service the 32 counties in Northern Mississippi. With approximately $655 million in assets, the institution is a cooperative and part of the Farm Credit System.

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.

 

EDUCATION AND EXPERIENCE REQUIREMENTS:

 

High school diploma or equivalent and three (3) or more years of experience in loan support operations, title company, general accounting or banking.

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.  Skilled in oral and written communication.  Basic skill level in Microsoft Office applications.

If you meet the minimum qualifications and wish to be considered for this position, please forward a current resume along with salary history to:

Contact Person
Jessica Stanford
Contact Phone