Loan Processor
Horizon Farm Credit, ACA

Georgetown, Delaware

Posted in Banking


This job has expired.

Job Info


JOB DESCRIPTION

*One position available, qualified candidate may work in the Georgetown, DE or Mechanicsburg, PA branch location.

Position Description: Loan Processor will prepare loan closing documents, close loans, disburse proceeds, procure collateral, complete file documentation and follow-up, and ensure procedures are followed to deliver loans with accurate and compliant legal documentation. Processes/closes simple loan packages, typically ACA loans. Closes Loans in accordance with District guidelines and legal documentation standards.

Areas of Responsibility:

Process, close, fund, and book all new loans and servicing actions according to applicable processing procedures and practices; including:

  • Prepare commitment, notes, lien Instruments, and other general loan documents that represent what is outlined in the stamped credit package.
  • Accurate data entry of PD/LGD/Collateral Values and other data to result in a loan booking that represents what is outlined in the stamped credit package.
  • Prior to loan closing, confirm loan conditions outlined in the stamped credit package are met and filed.
  • Consult and confirm with Loan Officers, Underwriters, and other involved parties (management, attorney's, etc.) to confirm loan actions are completed accurately.
  • Confirm collateral is properly identified and secured with the loan documents; which includes quality review of signatures, dates, and initials, and completing necessary follow up to have errors or omissions corrected accurately and timely.
  • Review of new or existing collateral documents to ensure and/or verify correct lien position. Communicate with loan staff to confirm accuracy of lien documents and address any discrepancies.
  • Complete accurate checks and other accounting related forms for proper funding.
  • File all related documents timely, accurately, and consistently to ensure easy reference in the future by all staff.
  • Quality checking all of your work to ensure compliance and accuracy; maintaining satisfactory audit and QC review results.
  • Meet the target turnaround processing timelines and properly document system to ensure transparent communication for Sales, Loan Operations, and future audit needs.
REQUIREMENTS
  • Associate's degree or equivalent experience in accounting or business. Loan processing and documentation experience preferred or training/experience in banking, finance, or legal industries.
  • Generally, one to three years of experience preferred.
  • Detail oriented, independent judgment skills, strong organizational skills, flexible to a changing work environment, demonstrate a willingness to be collaborative, possess strong written and verbal communication skills, quality and solution focused.
  • Ability to work independently with general supervision and proven self-starter.
  • Overall knowledge and willingness to continually study Horizon, AgFirst, and FCA policy and procedure manuals, and overall understanding of legal terms to ensure proper collateral positions are achieved.
  • Knowledge of computer software applications, which may include but not limited to: Adobe, MS Excel, MS Word, CRM, SharePoint, AgDocs, Accounting systems/mainframe/front end, Credit Delivery, nCino, Encompass or other document generation software, report generation, vendor ordering software, and collateral database tracking.
Equal Opportunity Employer including veterans and individuals with disabilities.


This job has expired.

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