Job Description:

Prepares all loan documents for new and renewed, business and agricultural loans. Books and funds all new loans to the core software immediately following document execution.

 

Major Duties and Responsibilities

• Preparing loan documents for business and agricultural loans. This includes identifying business ownership and signing authority, collateral ownership, attachment and perfection, compliance with regulatory agencies and protecting the institution against loan losses pursuant to local, state and federal laws.


• Booking new loans to the core software immediately upon receiving executed loan documents. This includes verifying that all terms and conditions in the note or other contractual documents are implemented in the core accurately for proper tracking, reporting and billing.


• Analyzing supporting information to correctly document and book each loan. This includes analysis of the loan presentation, organization documents, title commitments, flood certificates, UCC searches/filings and other items needed to ensure that final loan documents are accurate and compliant.


• Preparing disbursements for new loans and renewals immediately upon receiving executed loan documents. This includes advancing loan funds to member accounts, submitting wires for payoffs and placing loan fees into appropriate general ledger accounts.


• Supporting the Lenders by making recommendations for properly documenting unique loan structures and/or collateral types.


• Ensuring that all regulatory requirements have been met or will be met by the time of closing. This includes, OFAC, NFIP, ECOA, HMDA, CDD, and other requirements as they may apply from time to time.


• Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Knowledge and Skills

Experience

A minimum of one year up to three years of similar or related experience, including preparatory experience.

Education/Certifications/Licenses

A two-year college degree or completion of a specialized course of study at a business or trade school
equivalent to approximately 64 credit hours.

Interpersonal Skills

A significant level of trust, credibility and diplomacy is required. In-depth dialogues, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature. Communications may involve motivating, influencing, educating and/or advising others on matters of significance.

 

ADA Requirements

Physical Requirements

Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours whenever required or requested by management. Must be capable of regular, reliable and timely attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.

Equal Employment Opportunity and Affirmative Action
Interra is an equal opportunity and affirmative action employer committed to creating a diverse workforce.

Qualified applicants will receive consideration without regard to their race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran among other factors.

Accessibility Accommodation
Interra Credit Union invites all qualified and interested applicants to apply for career opportunities.  If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity, please contact HR@interracu.com  and one of our Human Resources Consultants will contact you within 48 hours.

Business Services

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