Loan Coordinator
Farm Credit East (FCE) is the leading provider of loans and farm advisory services to agricultural business owners across the northeast. The Loan Coordinator is responsible for managing the end-to-end lending lifecycle, serving as a liaison among team members and addressing customer inquiries and requests.
Responsibilities
- Performs day-to-day activities to assist lending staff with supporting new and existing customers across the entire lending life cycle
- Executes tasks related to document collection, including customer financials
- Interacts with Credit and serves as the liaison to team members during the loan approval process
- Initiates Preliminary Credit Packages in the system for Modifications/Renewals/etc
- Orders and obtains third party reports, including appraisals, title, etc
- Operates as the liaison for Doc Prep/Legal/Closing/Funding/Booking
- Serves as a point of contact for customer requests including the movement of money, loan disbursements, wires, ACHs, and customer payments
- Is responsible for accounts receivable management related to pre-paid closing fees, or professional services of the Association
- Serves as a point of contact on internal request forms, with responsibilities ranging in multiple stages of completion (initiation to finalize) based on the business issue
- Provides quality assurance of shared documentation
- Prepares Document Checklists
- Executes loan administration tasks
- Confirms loan documentation has been received and filed
- Requests and/or generates any reports for tracking/monitoring of the Team’s portfolio
- Troubleshoots client questions/issues
- Services client requests with money movement of Payments, Wires, and Draws, including engagement of other Association roles to ensure compliance with policy
- Identifies potential opportunities and forwards those referrals onto the appropriate team member e.g., a tax opportunity for financial services
Skills
- This position requires a Bachelor's degree in Agriculture, Agri-Business, Economics, Finance, Business or a related field
Benefits
- Short Term Incentive to reward business results
- 401(k) match up to 6% of salary; or for those unable to take full advantage of the 401(k) match, verified student loan payments may qualify for an employer match in your 401(k) up to 6% of salary
- Defined Contribution retirement plan funded at 2-9% of salary depending on years of service
- 15-25 days of vacation leave per year, depending on years of service
- 12 days of holiday leave per year
- 7.5 days of sick leave in your first year, followed by 12 days of sick leave per year thereafter; unlimited rollover of unused sick leave year to year
- Paid Parental Leave: Up to 80 hours of paid leave for birthing, non-birthing, and adoptive parents
- Family Care Leave: Additional leave options available under SMLA and company policy
- Comprehensive medical, dental, and vision plans, including preventive care and wellness programs to support your overall health and well-being
- Health Savings Account
- Life insurance at 2x base pay
- Accidental Death and Dismemberment insurance at 2x base pay
- Long-term disability insurance at 2/3 base pay
- Tuition reimbursement
- Continuing education and training
- Employee Assistance Program offering a wide variety of tools and resources
Company Overview