Loan Documentation Specialist

Description:

COMPANY PROFILE:

Alabama Farm Credit is an aggressively growing $1.2 billion Farm Credit association dedicated to the financial needs of our rural communities. In short, we help fund new ways to grow food, generate energy, access technology, and otherwise improve life in rural America. A career at Alabama Farm Credit can offer you the opportunity to make a personal impact on the people and communities where we do business. The institution is headquartered in Cullman, AL with five offices that serve the northern twenty-seven (27) counties of Alabama.  We continue to serve the agricultural related needs of the two major metropolitan areas of Alabama in Birmingham and Huntsville. We also provide competitive compensation, health and wellness benefits, company-funded retirement plan, “best in market” matching 401(k), and professional development programs.

ESSENTIAL FUNCTIONS:
1. Closing documentation; review executed closing documentation and forward closing instructions
to applicable attorney
2. Request loan disbursement
3. Confirm attorney has been approved prior to closing
4. Records new loans, establishes relevant files, and maintains a variety of loan records
5. Monitors the booking of loans and verifies the accuracy of the database
6. Loan servicing documentation

OTHER DUTIES:
1. Reporting and validating other duties as assigned.

SKILL REQUIREMENTS:
This job has been benchmarked to Loan Documentation Specialist I
Performs work under direct supervision. Specialized knowledge of terminology related to legal
descriptions and documentation of real property. Specialized knowledge of title commitments/policies and
underwriting standards related to title examination. Specialized knowledge of association bylaws,
policies, and procedures. General knowledge of accounting/financial systems. General knowledge of
accounting/finance principles. Skill in oral and written communication. Basic skill level in Microsoft
Office applications.

PHYSICAL ACTIVITIES:
Ability to sit for long periods of time. Ability to stand for limited periods of time. Frequent finger/hand
manipulation (keyboard, office equipment, small hand tools, etc.), occasional lifting, carrying, pushing,
and/or pulling while exerting up to 50 pounds of force.

WORKING RELATIONSHIPS:
Frequent interaction with association departmental staff and management. Occasional interaction with
Farm Credit Bank of Texas staff. Occasional interaction with area professionals including real estate
agents, commercial bankers, and others who deal with the association in the normal course of business.

POLICY AND COMPLIANCE:
Compliance with FCBT and Association technology and security standards is required.

NOTICE:
This job description in no way states or implies that these are the only duties to be performed by the
employee occupying this position. Employees will be required to follow any other job-related
instructions and to perform any other job-related duties requested by the supervisor.
This position may frequently become involved in or be made aware of confidential business or personal
information as a result of interactions 1) arising under its Job Purpose and Scope, 2) arising from other
assigned responsibilities or 3) with other employees. It is an expectation and requirement of the job that
confidential information of the bank, its associations and their customers be handled in a professional
manner and not be disclosed without approval or used for personal gain.
Non-compliance with privacy or confidential information requirements or expectations can result in
disciplinary action up to and including termination of employment.
All requirements are subject to possible modification to reasonably accommodate individuals with
disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the
health and safety of themselves or other employees.
Regular attendance is required in this job.
This document does not create an employment contract, implied or otherwise, other than an "at will"
employment relationship.

Alabama Farm Credit is an Equal Opportunity Employer.


Location: Cullman, AL

Reports to: Director of Loan Processing

EDUCATION AND EXPERIENCE REQUIREMENTS:

High school diploma plus zero (0) to two (2) years of professional experience.

JOB PURPOSE AND SCOPE:

Assists with the collection and verification of necessary documents for loans. Prepares loan closing
documents, forms, notices and loan reports. May work with large complex loans. Possesses beginning to
working knowledge of subject matter.