Loan Coordinator (1781)

Position Summary

Join a team focused on the success of our customers, the success of our communities, and the success of each other. Farm Credit East (FCE) is the leading provider of loans and farm advisory services to farm, forest product, fishing, and other agricultural business owners across the northeast with $11.7 billion in total loan volume and $29 million in annual financial services revenue from 18,000 customers across our 8-state territory. We are One Team Working Together with a focus on our five pillars: Outstanding Customer and Employee Experience, Quality Growth, Operational Excellence, Commitment to our Communities, and Protecting Customer Information.

A Loan Coordinator (LC) role is responsible for shepherding loans and the delivery of credit through the end-to-end lending lifecycle. The Loan Coordinator serves as a liaison among team members involved in the end-to-end lending lifecycle. Loan Coordinators will primarily be responsible for internal operations with several external client-facing responsibilities, as well. Loan Coordinators collaborate with the LO, and function as the first line of defense for customer questions, servicing requests, and documentation needs.

The value drivers for this role are as follows:

• Creates operational efficiency by supporting the end-to-end processes of the loan lifecycle


• Fuels organizational synergy through collaboration with the result of meeting the customer’s needs

We offer generous benefits including: a 6% 401K match plus an additional defined contribution retirement plan, medical, dental, HSA, paid annual holiday and sick leave, FSA, life insurance, and a bonus incentive program. Farm Credit East provides all team members with the training and resources needed to be successful in their careers. Technical training, soft skill training, and ongoing professional development provided by Farm Credit East will help you be poised for continued career growth within our organization.  We use state of the art technology for customer relations (Salesforce), internal communication (Microsoft TEAMS) and delivery of services.

Come join a collaborative, customer-focused team at Farm Credit East!

Duties and Responsibilities:

Loan Support

• 
  

  Performs day-to-day activities to assist lending staff with supporting new and existing customers across the entire lending life cycle 

  
  


• 
  

  Credit Related Tasks:   

  
  
  
  
  • 
    

    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

    
    
  
  
  
  


• Operations Related Tasks: 
  
  
  
  • 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 
  
  
  
  

Cusomer Centricity 

• 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

Job Qualifications and Requirements:

• This position requires a Bachelor's degree in Agriculture, Agri-Business, Economics, Finance, Business or a related field


• Salary range: $48,000- $58,000 commensurate with experience


• We offer hybrid work options after six months of employment with Farm Credit East. Hybrid work options are determined based on job role and balancing the needs of the customers, the team, and individual work performance. This will be reviewed based on manager discretion. 

Farm Credit East is an Equal Opportunity Employer. As an Equal Opportunity Employer, we do not discriminate on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity or expression, age, marital status, parental status, political affiliation, disability status, protected veteran status, genetic information or any other status protected by federal, state or local law. It is our goal to make employment decisions that further the principle of equal employment opportunity by utilizing objective standards based upon an individual's qualifications for a specific job opening. In compliance with the Americans with Disabilities Act (“ADA”), if you have a disability and would like a reasonable accommodation in order to apply for a position with Farm Credit East, please call 1-800-562-2235 or e-mail FarmCreditCareers@farmcrediteast.com