Compeer Financial

Finance

LoanProcessor

$42–67k Rochester, Minnesota, United States Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Entry candidates.

The Brief

“Loan Processor at Compeer Financial. Skills: Loan processing, Compliance, Client service. Prepare rate lock agreement. Monitor closing deadlines”

What You'll Achieve.

Enhance the client experience; Offer effective and timely solutions

Industry & Context.

Finance
Problems you'll solve

Problem-solving; Innovation

Eligibility Requirements

Must be authorized to work for any employer in the United States, Compeer is unable to sponsor or take over sponsorship of an employment visa

What They're Looking For.

Must Have

High school diploma or GED, Entry-level experience in loan processing or similar role, Demonstrated understanding of collateral and perfecting liens, Ability to work in a collaborative team environment, Ability to initiate, organize and prioritize work, Keen eye for detail, communication skills, Adaptable to changes, Effective conflict resolution skills, Committed to providing excellent client service, Proficient in Windows environment using Microsoft Word, Excel and Outlook, Ability to learn/use new systems

Nice to Have

General knowledge of farming operations and agriculture, Knowledge of Compeer’s policies, processes loan products, digital tools and services

What You'll Do.

Prepare rate lock agreement

Monitor closing deadlines

Complete loan verification requirements

Review entity and trust documentation

Ensure compliance with regulations

Partner to ensure loan conditions satisfied

Approve money movement

Follow up on lien releases

Obtain vehicle titles

Maintain chattel tracking system

Coordinate with teammates

Ensure compliance with loan closing regulations

Provide back up support to office location

How You'll Work.

Team & Collaboration

Partners with respective parties to ensure loan conditions are satisfied; Coordinate with teammates to enhance the client experience; Ability to work in a collaborative team environment; Foster a supportive environment where collaboration leads to problem-solving

Communication Scope

Communication skills; Effectively serve as a liaison between internal and external parties

Process & Methodology

Initiate, organize and prioritize work

Full Job Description

Empowered to live. Inspired to work. Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally. How we support you: Hybrid model – up to 50% work from home Flexible schedules including ample flexibility in the summer months Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match) Benefits: medical, dental, vision, HSA/FSA, life prepares rate lock agreement and monitor closing deadlines. Completes loan verification requirements related to loan documents, reviews entity and trust documentation and ensures compliance with applicable regulations. Partners with respective parties to ensure loan conditions are satisfied. Post-Closing Activities Approves money movement and books loans. Uses thorough understanding of chattel collateral, following up on UCC terminations or other lien releases, obtaining vehicle titles, and ensuring first lien position. Obtains assignment of indemnity as required for insurance. Maintains accuracy of the chattel tracking system and coordinate with teammates to enhance the client experience. Maintains understanding of and ensures compliance with all regulations and procedures associated with loan closing. Office Support Provides back up support to office location, as needed, in order to meet client needs. This includes but is not limited to coverage during business hours. The skills and experience we prefer you have: High school diploma or GED. Entry-level experience in loan processing or similar role. Demonstrated understanding of collateral and perfecting liens. Ability to work in a collaborative team environment

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