Loan Services Specialist
At FCS Financial, part of the nationwide Farm Credit System, we are looking for Loan Services Specialist to join our Team! FCS Financial is a member of the largest agriculture lending cooperative in the United States today. At FCS, we seek individuals who share passion for agriculture, rural living and helping people achieve their goals and dreams! FCS is seeking a pro-active, analytical, accurate, and precise individual. The Loan Services Specialist position within the Loan Services Team reviews real estate and loan documents for accuracy and prepares documents for new loans, modifications, and servicing actions. This position is located in Jefferson City, Missouri.
This position closes October 5, 2021.
This position is classified as Non-Exempt under the Fair Labor Standards Act.
Department: Legal - Loan Services
Reports To: Team Leader, Loan Services
Supervises: None
Responsibilities/Duties
Percentage/Job Functions
60% Document and Information Review
- Reviews various items including title commitments, appraisals, entity formation documents and other supporting documents for accuracy and adherence to regulations and Association policies and procedures
- Enters information into applicable databases to ensure proper documentation is maintained
- Verifies information in Client Relationship Management database
- Follows up on questions, inconsistencies and missing information
- Answers questions regarding loan documentation
20% Document Preparation
- Generates and merges forms using applicable software
- Prepares closing instructions
10% Closing Coordination
- Contacts customer, title company and branch staff to schedule closing date and time
- Communicates closing requirements and confirms requirements are met
- Coordinates preparation of settlement statement with the title company
5% File Preparation
- Prepares files for loan certification by:
- Obtaining final loan policy and recorded deed of trust, mortgage and/or final attorney opinion from title company
- Reviewing documents for accuracy and adherence to regulations and Association policies and procedures
- Communicating with title companies to obtain endorsements to loan policies
- Sending loan packets to colleagues for certification
5% Loan Certification
- Reviews required documents of opposite team in order to certify first lien on real estate loans
n/a
- Other duties as assigned to meet the needs of the organization.
* Essential Functions for this position consist of all items listed under any category that make up 5% or more of the job duties. This job description is subject to change without notice.
Required Skills
Minimum Qualifications
- 2 years of related experience
- Or an equivalent combination of education and experience sufficient to perform the essential functions of the job
Required Knowledge and Skills
- General knowledge of mortgage and commercial loan documentation
- General knowledge of real estate terminology and contracts
- Communication skills sufficient to discuss a variety of job-related topics, and to effectively communicate complex issues
- Skill in listening and conveying awareness of a customer's problem or issue to find resolution
- Skill in utilizing Word, Excel, PowerPoint, and Outlook
- Skill in processing complex, detailed information in an accurate and thorough manner
- Skill in working as part of a team and collaborating with colleagues
- Oral and written communication skills, sufficient to exchange information effectively with peers, supervisor and customers
- Skill in organizing material and information in a systematic way to optimize efficiency
- Skill in applying processes and procedures to factual data to come to make a logical decision
- Responsible to appropriately protect the confidentiality, security, and integrity of the Association’s systems and data and clients’ data