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### Job Details#### Job Title:Loan Process Specialist #### Location:, , , #### Company: #### Industry Sector: #### Industry Type: #### Career Type: #### Job Type:Full Time #### Minimum Years Experience Required:N/A #### Salary: ### Get Job Alerts**Career Type:** **Country:** USAI agree to receive alerts from and to the .Your alert was created successfully.## General Alert Saved* The listings below are jobs matching the criteria you've selected for your General Alert on . Criteria selected was:* General alert saved for .* General alert notifications will be sent weekly on Monday.* Please note that you can only have one general alert active at any given time. Creating a new general alert will override an existing general alert.* Visit the to manage your alerts# Loan Process Specialist| Number of Years Experience: * | | Minimum Education Completed: * | || Education Major / Discipline Category: * | | Most Recent / Current Occupation: * | |**About Farm Credit Illinois (FCI)** FCI is a farmer-owned lending cooperative headquartered in Mahomet, Illinois, with >$7 billion of owned, managed, and collaborated loan assets and investments. With a core purpose of Helping Farm Families Succeed, FCI is owned by 18,900 farmer, rural landowner, and agribusiness members in the southern 60 counties of Illinois. FCI is one of many Farm Credit System Associations which collectively serve all 50 states, Washington DC, and Puerto Rico. At Farm Credit Illinois, we are committed to fostering a workplace that celebrates diversity, equity, and inclusion. We believe that a diverse team brings unique perspectives and experiences, making us stronger and more innovative to serve our members. We offer comprehensive benefits that include medical, dental, and vision, as well as paid time off programs, such as vacation, sick leave, parental leave, holidays, and more. FCI invests in employees' futures by offering a 401k plan with employer match, as well as professional development and learning opportunities to help our employees grow in their career. Our core values-family, integrity, relationships, expertise, and passion, are the foundation of our culture, and we strive to exemplify these values in every aspect of our association. **Why Join Us** Competitive compensation package. Grade and salary commensurate with experience, with an annualized base salary range of 48,000.00 - 65,000.00 plus a bonus based on team and individual performance. This range is a good-faith and reasonable estimate of the range of possible compensation at the time of this posting. Comprehensive benefit package includes 401(k) with 3% employer contribution and 6% employer match, vacation days, sick days, 13 paid holidays, parental leave, and volunteer leave, along with medical, dental, vision, and life insurance as further described at Professional development and career growth opportunities. Opportunity to work for a reputable and community-focused financial institution dedicated to a positive, collaborative work environment that encompasses the association's mission to serve our members and the agricultural industry as we strive to help farm families succeed. **Description/Job Summary** The Loan Process Specialist serves in the Field Operations Department and reports directly to a Regional Manager located in one of the regional offices. This role acts as the "Deal Champion" for loans and ensures timely and accurate processing of loans originated by Lending AVP/VP and RM. The Loan Process Specialist participates in several stages of the credit lifecycle for all relevant loans. This includes aggregating and organizing all pre-underwriting documents, maintaining accurate and complete electronic files, completing loan due diligence tasks, reviewing loan documentation, coordinating, and occasionally attending loan closings, and preparing loans for booking in the loan origination system. **Responsibilities/Duties** **Qualification of Loan Credit Package** The Loan Process Specialist serves as the Deal Champion support person for all loan application activities, ensuring that required documentation is gathered, reviewed, and organized for submission to the Credit Services Department (CSD). Key activities include:* Assists the Lending AVP/VP and RM with pre-qualification information, which includes the following responsibilities:+ Gathering prospect or member information necessary to qualify a loan opportunity, including drivers' licenses, financials, information pertaining to scope of operations, and entity documentation+ Assessing qualitative and quantitative business and financial information, in conjunction with the Lending AVP/VP or RM, and conducting follow- up inquiries with prospect or member for clarification+ Reviews members' trust agreements, articles of organization, and operating agreement to ensure the right to borrow, pledge, and mortgage+ Inputs all relevant loan information into LOS* Submits loan in LOS to CSD and serves as the Deal Champion on all submitted loans by responding to internal and external inquiries.* Assists in following Territorial Concurrence procedures, ensuring compliance with regulations**Loan Processing & Document Preparation** The Loan Process Specialist reviews and processes new and existing loans, and services loan requests and inquiries in a timely manner. Key activities include:* Prints and signs or obtains Authorized Representative Signature for Notice of Approval and/or Prints Statement of Credit Denial* Completes initial interest rate lock in LOS per request of Lending AVP/VP or RM and monitors open rate lock commitments* Upon notification of a Fraud Alert for a member, works with Lending AVP/VP or RM for verification and signature to Approve and Proceed.* Completes and leads FLCA-related processing activities, including:+ Collects information to identify real estate location, type, and improvements+ Requests value of collateral (e.g., appraisal) based on information collected* Orders and completes initial review of loan title work.* Understands and facilitates processing activities associated with FLCA loans which includes the following key responsibilities:+ Submits a request to Compeer Financial, for preparation of FLCA Loan Documents, and serves as the primary contact for inquiries+ Reviews prepared FLCA loan documents and requests modifications in a timely manner if errors+ Coordinates with the Member and Title Company to ensure all requirements will be satisfied prior to closing.+ Provides written loan closing instructions Compeer to the Title Company as well as all relevant loan documents for FLCA loan closings+ Completes Closing Instructions from Compeer for FLCA loans+ Coordinates, scheduling for the Member, Lending AVP/VP or RM, and Title Company, ensuring all parties are accommodated* Reviews PCA Closing Instructions and Loan Documents for accuracy and returns to Loan Operations for modifications as observed or as requested* Gathers all loan-related documents and prepares for PCA loan closing**Non-Traditional Loan Processing** The Loan Process Specialist executes the process and procedures related to non-traditional or infrequent loan situations, including government loans and joint checks. Key responsibilities include:* Serves as the primary lead on Farm Service Agency ("FSA") loan processing, documentation and follow up* Completes necessary tasks associated with the joint check process and procedure**Loan Closing, Booking, & Funding Processing** The Loan Process Specialist ensures, prior to booking, loans are properly set up in the system, closed accurately in a reasonable timeframe with a positive member experience. Key responsibilities include:* Assists the Lending AVP/VP or RM in the loan closing process*

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