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Career Opportunity: Loan Administrator

Job Title
Loan Administrator
Organization
Texas Farm Credit Services
Location
Nacogdoches, Texas
Department
Experience Level
Entry Level (1-4 years)
Supervisor's Title
Category
Risk Management
Salary Range
DOE, depending on experience
Posted Date
Wednesday, January 3, 2018
Closing Date
Open until filled
Job Description
Company Profile: Texas Farm Credit (TFC) was established January 1, 2014 from the merger of AgriLand, Farm Credit Services and Texas AgFinance, Farm Credit Services. As a customer-owned cooperative, we operate in our borrowers' best interests and cater to their short and long term credit needs, with flexible financing solutions and an array of cash management products and services. Texas Farm Credit finances agricultural production, rural land, agribusiness needs and country homes. Our rural lending professionals can structure a loan to meet the customer's individual needs, from cattle and timber loans to rural real estate mortgages and complex agribusiness financing packages. TFC is funded by the Farm Credit Bank of Texas (FCBT), headquartered in Austin, Texas. FCBT provides wholesale funds and services to 16 rural lending cooperatives in Alabama, Louisiana, Mississippi, New Mexico and Texas. The Bank is owned by these lending organizations, which in turn offer agricultural credit, mortgage financing and financially related services to farmers, ranchers, agribusiness operations, rural landowners and rural homeowners. Together the Bank and Associations comprise the 10th Credit District, the largest single source of farm, ranch, and agribusiness financing solutions in the region. Education and Experience Requirements: High school diploma or equivalent and a minimum of three (3) 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. Skill in oral and written communication. Basic skill level in Microsoft Office applications. Job 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. Develop and organize loan applicant information for review and analysis by loan officers and inputs pertinent loan data into credit delivery system. 2. Assist with the closing of loans by preparing loan closing documents and related materials as directed. 3. Record 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. Collect loan payments and performs related tasks required to service loans. 5. Answer customer inquiries and resolves routine issues. Fosters good member/public relations. 6. Prepare documents and correspondence for association reports as required following approved association and Farm Credit Bank policies and procedures. 7. Operate a variety of office equipment according to detailed instructions, which may include computers, paper shredders, telephones, photocopiers, fax machines and scanners. 8. Greet customers, answer phones, arrange appointments and handle travel arrangements as required. 9. Assist loan officers/appraisers in gathering and maintaining collateral information for input into credit delivery system and appraisal/comparable sales system.