What are the responsibilities and job description for the Loan Servicing Specialist position at FarmBelt Financial, Inc.?
Join the FarmBelt Financial team to elevate your career in the commercial lending space. Receive competitive base pay, performance incentives, comprehensive training, and mentorship from commercial agricultural lenders. FarmBelt is a family-owned agricultural lender that specializes in supporting the needs of family farms.
Position Overview : You will be responsible for managing and servicing agricultural loans to ensure compliance with loan agreements and regulatory requirements. You will work closely with management, lenders, and clients to provide support in the servicing aspect of the business.
Key Responsibilities :
- Manage a portfolio of agricultural loans, ensuring timely processing of payments and adjustments.
- Conduct regular reviews of loan accounts to monitor compliance with terms and conditions.
- Communicate with account managers, lending operations, and clients to address inquiries, resolve issues, and provide updates on their loan status.
- Collaborate with underwriting and lending operations teams to assess loan modifications or renewals.
- Prepare reports on loan performance and assist in risk assessment activities.
- Maintain accurate records and documentation in compliance with internal policies and regulatory standards.
- Process disbursement request for borrowers on operating lines of credit.
- Support management and loan operations in preparing for financial and loan audits.
- Perform UCC and mortgage searches when necessary.
- Input tax returns into loan underwriting system.
Qualifications :