Commercial Ag Loan Assistant

About the Role

At F&M, our Commercial & Ag Loan Assistant’s do more than obtain and monitor loan documents; they establish and nurture lasting relationships with our valued customers. Commercial Ag Loan Assistants handle loan closings with the utmost care and attention to detail. You must be trustworthy and precise, reinforcing our reputation as a trusted bank in the community and the country.

Responsibilities

• Audit customer profiles for taxes, financial statements, current driver’s license, operation agreements, and insurance.
• Work effectively with a diverse group of bank personnel at several levels to coordinate commercial & Ag application requirements.
• Review documentation for completeness and accuracy.
• Enter data in computer using MS Word, MS Excel, and other software programs.
• Organize financial information needed in evaluation of credit worthiness of loan applicants.
• Save financial and other customer-related documentation in the appropriate drive and ensure all documentation is imaged in Director.
• Process new and renewal notes.
• Collect accurate documents, signatures, dates, and other relevant data for loan files and ensure they are properly recorded.
• Adhere to Loan Policy and Compliance Regulations.
• Complete CIP and other related documentation associated with identity verification for borrowers and guarantors.
• Prepare loan disbursements, payments, draws on lines of credit, wire transfers, and account transfers on behalf of commercial & ag customers.
• Schedule loan closings with the processing team and, if required, with title companies.
• Correspond with customers by phone, in writing, or via electronic communication as needed.
• Comply with and pass tests for bank policy and regulations that apply to the position.
• Follow up and maintain pending/exception list for loan files.
• Complete credit references.
• Assist the Commercial & Ag Loan Assistant Supervisor with special projects as needed.
• Close loans for Commercial & Ag Bankers following their instructions as needed.
• Meet with clients and participate in business development calls as needed.
• Perform other duties as assigned.

Requirements

• High School Diploma and 2 years of related experience or training with Commercial Ag Loan documentation, or equivalent combination of education and experience along with computer experience.
• Notary Public Commission (can be obtained on the job).
• Valid Driver's License.

Compliance

This role includes accountabilities for following Bank policies, procedures, and regulatory requirements involving federal and state laws, such as:

• Bank Secrecy Act (BSA), including accurate completion of Currency Transaction Reports (CTR) when applicable.
• Anti-Money Laundering Act (AML).
• Office of Foreign Asset Control (OFAC) and the USA PATRIOT Act.
• Customer Identification and Customer Due Diligence, including reporting suspicious activities to the BSA Department.

Competencies

• Job Knowledge: Understands duties and responsibilities, possesses necessary technical skills, and keeps job knowledge current.
• Productivity: Manages workload, volunteers for additional work, prioritizes tasks, develops good work procedures, manages time well, and handles information flow.
• Attendance: Adheres to the attendance and break policy and communicates with supervisor about anticipated time off or modifications to break times.

Pay

Pay Grade: D