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Farm Credit East, ACA · 5 hours ago

Loan Coordinator

Auburn, ME

Full-time

Hybrid

New Grad, Entry Level

$50K/yr - $65K/yr

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.

AgricultureBankingFinancial ServicesLendingRetail

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

Qualification

Bachelor's degreeAgricultureFinanceCustomer serviceCollaborationCommunicationProblem-solving

Required

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

Farm Credit East, ACA

Farm Credit East provides a full range of credit and financial services to more than 18,000 customers in our eight-state territory: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont.

Founded in 1916