Commercial Loan Specialist
2 weeks ago
As a Commercial Loan Specialist at Farmers Group Inc., you will play a crucial role in the meticulous processing and funding of various business loans. Our commitment to delivering exceptional service is reflected in our high-performance culture, where we prioritize results and the growth of our team members.
Key Responsibilities:
1. **Loan Processing:**
- Manage new business loan applications, including Agency Acquisition Loans and their conversions.
- Serve as the primary contact for applicants, guiding them through the verification process and ensuring all necessary documentation is collected.
2. **Funding Operations:**
- Oversee the booking and funding of approved business loans, ensuring accuracy in signed loan disclosures and proper allocation of funds.
- Handle the disbursement of loans, verifying that all transactions are correctly processed in the general ledger and member accounts.
3. **Customer Support:**
- Assist members with inquiries related to all loan products offered, providing knowledgeable and timely responses.
- Address various servicing requests throughout the loan processing journey.
Qualifications:
- High School Diploma or equivalent is required.
- A minimum of two years of experience in a financial institution is essential.
- At least one year of experience in consumer loan processing is necessary, with preference given to candidates with business loan processing experience.
Physical Requirements:
This role may involve:
- Extended periods of sitting or standing.
- Occasional lifting and carrying of light objects.
- Continuous operation of a computer and office equipment.
Compensation:
Farmers Group Inc. offers a competitive salary based on experience and qualifications, ensuring that we recognize and reward the talent that contributes to our success.
Commitment to Diversity:
Farmers is an equal opportunity employer, dedicated to fostering a diverse workforce and supporting the well-being of our employees and the communities we serve.
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