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Loan Specialist

Rabo Agrifinance

Loan Specialist

Chesterfield, MO
Full Time
Paid
  • Responsibilities

    Loan Specialist Rabo Agrifinance 25 reviews - Chesterfield, MO 63017 Our Organization: Rabo AgriFinance LLC ("RAF") is a leading financial services provider for agricultural producers and agribusinesses. Solely focused on agriculture, RAF is backed by Rabobank, a Dutch-headquartered global financial services leader and one of the worlds 25 largest banks, with over $900 billion in assets and operations over 40 countries. Founded by Dutch farmers over a century ago, Rabobank remains true to our core mission: to create value for our customers, our employees, and the local communities where we do business. With over 40 offices across the U.S., RAF provides clients with knowledgeable local teams and exclusive access to global market research in a variety of sectors, including grains and oilseeds, livestock and specialty crops. The Position: The Loan Specialist performs a variety of back office functions related to servicing booked and active loans in the Direct Lending and Vendor Finance portfolios primarily dealing with internal RAF departments and customers. Primary functions include receipts and disbursements processing and audit and review functions. Key Responsibilities and Accountabilities: * Post receipts and adjustments to customeraccounts in two loan systems. * Validate and process customer billing statements. * Loan payoff calculations including yield maintenance fee calculation. * Solely responsible for maintaining loan system data and address change processing. * Quality review of legal documents for booked work packages financial term information to assure alignment. * Loan disbursements including funding to line of credit customer accounts and maintenance of bank account information thereon. * Process Buy and Sell side Syndication transactions. Provide accurate and timely notification to Syndication Partners. * Provide support to Customer Support Team and Customer Relationship Team staff inquiries. * Cross train and perform secondary/backup duties related to all aspects of servicing an agricultural mortgage and operating loan portfolio. * Maintain processes and procedures of all assigned areas of responsibility. * Completion of all assigned areas of responsibility in timely manner, typically on a daily cycle basis. RISK * Complete all mandatory training within a timely basis, as instructed. * Comply with code of conduct & Bank policies/procedures. * Actively identify incidents outside of established policies & procedures and report to management immediately. * Familiar with & comply with laws, regulations, and internal policies& procedures that are applicable to required job duties. * Understand & comply with all RAF & Rabobank anti-money laundering (AML), compliance, and all other applicable laws, including, but not limited to, the completion of all required AML & Sanctions training. CULTURE & VALUES * Actively & consistently demonstrate Rabobank cultural practices. Knowledge, Skills, & Abilities: Essential:

    • Ability to read, analyze, and interpret loan documents and loan system data fields and governmental regulations. * Ability to write basic business correspondence. * Ability to speak effectively with individual customers or employees of the Bank. * Ability to calculate figures and amounts such as discounts, interest, and percentages. * Ability to solve practical problems and deal with a variety of situations where only limited standards exist. * Ability to interpret a variety of instructions furnished in written or oral form. Qualifications: Essential: * High School Diploma with 7+ years of experience or Associates Degree in accounting, finance, or business administration with 0-2 years of experience. * Working knowledge of Microsoft Office Suite required with special emphasis on Excel spreadsheet skills. * Ability to independently create and maintain spreadsheets. * While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle, or feel objects, tools, or controls; and reach with hands and arms. The employee is occasionally required to stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, and color vision.The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Job Type: Full-time Experience: * Loan Processing: 3 years * Banking: 3 years 14 hours ago - save job
  • Industry
    Financial Services