Loan Documentation Specialist
CHS has an exciting opportunity within our CHS Capitol subsidiary for a Loan Documentation Specialist.
CHS Capitol annually processes loan applications and the majority of these require collateralization by means of a perfected lien on crops or a security interest on the equipment financed.You Will:Manage a large portfolio of loans in process is critical and the incumbent is required to track the status on a loan-by-loan basis into the CHS software.Be responsible for the preparation of loan documents including: promissory notes, security agreements, UCC- 1 & UCC-3 forms, EFS/CNS forms, subordinations, lists of potential buyers, assignments of indemnity, government payments, contract, real estate mortgages and any other forms needed to meet the requirements set forth by the underwriters and standard program guidelines. Handle the cancellation and termination processes on the paid loans daily, the preparation of the monthly collateral certification of the participation pool loans and the annual review of UCC online sites to update fees and processes.Conduct and order UCC searches per the requirements and tier placement of the loan conditions. In addition, the review of these documents and the determination of which creditors require subordination and whether a loan can be funded based on the results of a post-search. The volume is extremely high at times and calls for an extremely organized individual who is challenged to work under pressure.Familiarity with the filing and search guidelines for the numerous states with respect to charges and locations respectively. The tracking of the documentation status is very important, as this is the primary source used to answer requests for information and updates.Communicate with external customers in a professional manner.Adherence to the conditions set forth by the underwriting staff to insure proper loan closing and lien position must be closely followed. The use and maintenance of the application management system must be rigidly followed with daily entry of all information and communication pertaining to the status of all loan documents.Basic Qualifications: (required)Associates degree in business, office management or related area of study.3-7 years of work experience, preferably in a high volume loan documentation environment.Extensive exposure to UCC filings. Excellent computer literacy and familiarity of the WINDOWS® family of software is mandatory.Strong communication skills required, verbal and written.Excellent organizational and time management skills necessary for follow up with co-workers and clients.Preferred Qualifications: (desired)Bachelor's degree in business, office management or related area of study.Experience in a national financing program with UCC collateral instruments filed across the United States presents a strong advantage.Familiarity with an electronic document environment is a definite plus.Experience in the field of agriculture is a plus