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Career Opportunity: Loan Administrator

Job Title
Loan Administrator
Organization
Southwest Georgia Farm Credit, ACA
Location
Camilla, Georgia
Department
Credit
Experience Level
Mid-Career (5-10 years)
Supervisor's Title
Director of Loan & Investment Administration
Category
Financial Services
Salary Range
DOE, depending on experience
Posted Date
Thursday, January 11, 2018
Closing Date
Wednesday, January 31, 2018
Job Description

PRIMARY FUNCTION:
The primary responsibility of the Loan Administrator is to maintain adequate oversight of all loan closing activities at the assigned Branch.  This includes performing all phases of loan closing activity for the assigned Branch, from the initial preparation and gathering of closing documentation, through the final stages. 
 
ESSENTIAL FUNCTIONS:
      LOAN CLOSING:

  • Maintains a thorough knowledge of credit policies, procedures and legal matters to ensure loan closing process and documentation is generated to satisfy all legal and Association policy and procedural requirements. 
  • Coordinates, analyzes and prepares accounts for closing, including loans to new members, loans to existing members and loans servicings (re-pricing, partial releases, maturity changes, etc.), meeting all necessary legal / credit requirements and satisfactory credit administration.
  • Maintains a thorough knowledge of consumer compliance regulations associated with loan closings. 
  • Ensures loan closing is handled in a timely, professional, and legal manner.  This includes assisting the Customer with their understanding of the loan package and any conditions for closing contained within the approved loan package.  This also includes coordinating with the underwriters to ensure all conditions properly identified and met prior to loan closing. 
  • Ensures the necessary checks and balances are met following loan closing.  This includes verification of the accounting system for data accuracy, as well as verification of documentation through the necessary attorneys and other sources used during the closing process.

      TECHNOLOGY:

  •  Maintains a complete and thorough understanding of the Association’s software/technology that applies to loan closings.  This includes, but not limited to:  Credit Delivery, Outlook, Excel, Word and Access, server utilization, ELF, AgDocs, Internet and any other software/technology that may be purchased in the future by the Association. 


MARGINAL FUNCTIONS:

  • Performs special projects as assigned.
  • Attends legal / credit seminars and training as appropriate.

 
REQUIREMENTS:
      ESSENTIAL:

  • Education and/or experience equivalent to an Associate Degree in Business, Finance or Accounting. 
  • Five years of related loan administrative work experience with at least two years in a customer service-related field.
  • Strong analysis, judgment, and communications (oral & written) skills.
  • Ability to work independently, to be assertive and decisive in arriving at sound business decisions which serve the best interest of the borrowers and ACA.
  • Proficient in technology.
  • Must have demonstrated aptitude in dealing effectively with the public.
  • Travel to/from all branch offices as deemed necessary.

      MARGINAL:

  •  Knowledge of operations and appraisals. 

AUTHORITY:

  • Authorized to write receipts, sign checks for all branches and drafts as approved by the association board.
  • Access into all branch loan files.
  • Closes loans for ACA only when all conditions, requirements, and legal matters are satisfactory and in accordance with the loan approval package..

 
PROBLEM SOLVING AND DECISION-MAKING:

  •  Functions under general and limited direction.
  • Regularly exercises discretion and independent judgment.
  • Provides general information to current and prospective member/borrowers.
  • Demonstrates initiative and creativity.

SUPERVISORY RESPONSIBILITY:
        None    

INTERNAL/EXTERNAL CONTACTS:

  •  Current and prospective member/borrowers
  • Various Association and Bank staff
  • Attorneys and Title Agencies

EOE, including veterans and individuals with disabilities.