Ag Loan Closer - Temp

Company Overview 

Farmers Business Network®  (FBN®) is on a mission to power the prosperity of family farmers and rural communities around the world, transforming how the world farms with an integrated, technology-enabled agricultural platform.

We offer high ROI farm inputs, fintech and sustainability products and services powered by network data, and farm-tested insights from our global farmer community.  Our platform helps FBN® members make confident decisions to ensure the economic viability of their farms, while also empowering them to be a part of the solution as the global community confronts its most pressing issues: providing food security for a growing population, transitioning to more sustainable agriculture, and responding to climate change.

We are a dynamic, innovative, and mission-driven AgTech company that offers competitive compensation and benefits as well as boundless career mobility. We are backed by top investors, including Fidelity, ADM, Google Ventures, Kleiner Perkins, DBL Partners, T Rowe Price and Temasek. We have been featured in these articles by the Wall Street Journal and Forbes, and were also named "One of the 50 Most Innovative Companies in the World" by Fast Company Magazine.

Position Summary

The Temporary Loan Closer position provides support to the front line sales and credit staff as it relates to FBN’s lending products. This role handles multiple loan files daily with a focus on accurate and efficient processing.

Responsibilities 

• Reviews loan approvals received from underwriting and thoroughly verifies accuracy and consistency on documents such as closing conditions, purchase agreements, title, and appraisals

• Verifies and updates details of the loan into the system to correspond with supporting documents in the file

• Ensures all fees and costs are accurately calculated and are in compliance with company policy

• Reviews and approves the loan closing instructions and coordinates with title company

• Coordinates with sales, underwriting,  and Legal Department for efficient and timely loan closings

• Ensures all closing conditions are met per program requirements and assists in auditing and servicing post close. 

• Prepares loan closing documents to send to the escrow company completing the closing

• Calculates and confirms loan funding requirements with closing agent 

• Coordinates loan disbursements in an accurate and timely manner 

• Work with various underwriting partners ensuring program parameters are met and loan remain in compliance 

• Ensure departmental procedures are adhered to, escalations are addressed and quantity and quality service levels are met. 

• Troubleshoot and resolve complex issues and escalations with minimal supervision.

Minimum Qualifications

• High school diploma or equivalent required, bachelor's degree preferred. 

• 3+ years commercial loan processing/closing experience or equivalent banking experience.

• Accurate data entry/transaction processing. 

• Ability to work full time (40 hours a week) through August 15th 2023.  The length of the term may be shorter or longer depending on business needs.  

Preferred Qualifications

• Bachelors degree

• Experience in the real estate or agricultural industry

To understand the physical demands of this job, please click this link and refer to Template B

The following represents FBN's reasonable estimate of the US national average base salary range of possible compensation for this role based on market data and placement of internal employees: $30 - $36/hour. 

This salary range may vary based on geography and variations in cost of labor. Beyond the above or adjusted to market salary range, FBN also offers all full-time employees competitive equity compensation, health and wellness benefits, and various perks.

FBN is proud to be an equal opportunity employer that is committed to diversity and inclusion in the workplace. We do not discriminate in hiring or any employment decision based on race, color, religion, national orig