About this opportunity
Compeer Financial lists this Loan Servicing Specialist- Agri-Access opportunity in mankato, Minnesota. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Job Duties
nEmpowered to live. Inspired to work.
nAgri-Access is a secondary market financing participant that delivers capital solutions to a nationwide network of lenders. We help enhance our lending partners' ag portfolios through tailored and transformative solutions. 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.
nHow we support you:
nHybrid model - up to 50% work from home
nFlexible schedules including ample flexibility in the summer months
nUp to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
nBenefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
nVacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
nLearning and development programs
nMentorship programs
nCross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
nProfessional membership/certification reimbursement and more!
nCasual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.
nTo learn more, visit
nWhere you will work: This position offers a hybrid work option up to 50% and is based out of the Mankato, MN, Rochester, MN or Johnston, IA office location.
nThe contributions you will make: This position supports the Agri-Access lending program through professional, high-quality client service to internal and external clients. Primary responsibilities include transaction analysis and documentation; systems accounting, reporting and monitoring; portfolio servicing; and overall client service and support. Works very closely with originators, third-party Investors, direct borrowers, relationship managers, financial operations, and other Agri-Access team members throughout all phases of loan/lease cycles including post close servicing, documentation and final exit (payoff, restructure, foreclosure, REO etc.).
nA typical day:
nClient Service and Support
nEstablishes, develops and maintains a strong client relationship with internal and external client, acting as a liaison between Agri-Access and clients or other third-party investors.
nAnswers client questions via email and phone using the highest quality service techniques.
nEducates partnering institutions and team on program delivery and processes.
nProvides reconciliation and servicing process training to clients as needed.
nServicing Actions
nMonitors borrower/lessee compliance with loan/lease documents.
nWorks with originator or clients on servicing actions, identifying deficiencies in documentation, changes in title, status of account or the borrower. Develops subject matter expertise on assigned accounts.
nPrioritizes and analyzes incoming material service requests (requiring credit approval) and delegated approval, including change of payment dates, change of maturity, payment extension, release of collateral, release of insurance proceeds, consents, easements, substitutions and release of liabilities.
nCompletes delegated authorities such as conversions and assists with Risk Asset Unit (RAU) accounts.
nConducts research (internal and external) on a transactional basis per the servicing action.
nConducts in-depth review of lending partners unique set of documents and troubleshoots and corrects issues and/or discrepancies.
nPackages and submits to credit for approval.
nCorresponds with clients as needed to obtain additional information and relay conditions for approval or denial.
nPrepares documents for direct serviced loans as needed.
nReviews files and closes requests when all conditions are met.
nSystems Accounting, Reporting, and Monitoring
nCreates or updates loan/lease data in origination/servicing systems.
nInputs, updates, gathers and monitors information to provide reporting as requested (DQ (delinquency), rate reset, maturity, UCC (Uniform Commercial Code) continuations).
nPerforms a variety of accounting procedures related to lender reconciliation, receipts, checks issued and payoff.
nFollows-up with team members and clients as needed for outstanding information or other specific campaign data based on the review of reports and systems information.
nMonitors and audits borrower verifications and the collection and consistency of information.
nProcessing and Documentation
nProcesses loan/lease requests in a timely and accurate manner, including initial analysis, data entry, loan/lease documentation interpretation and investor requirements, and closes transaction.
nWorks with originators and investors to ensure proper documentation consistent with credit approval, conditions and investor requirements.
nCreates processes as needed.
nThe skills and experience we prefer you have:
nHigh School Diploma required. Bachelor's degree in in business administration, accounting, finance or related field preferred.
nIntermediate-level experience in banking or lending environment.
nStrong listening, written and verbal communication skills, with ability to communicate at all levels of the organization.
nAbility to prioritize and organize incoming workload with minimal supervision.
nKnowledge of complex loan structure, systems and documentation.
nAccuracy and attention to detail.
nSolid client service skills.
nBasic agricultural background and terminology, preferred.
nStrong computer skills, including MS Office applications and customer relationship management (CRM) programs.
nAbility to work independently and collaboratively with other teams to achieve goals and represent the business.
nHow we will take care of you:
nOur job titles may span more than one career level (associate, senior, principal, etc.). The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role is eligible for variable compensation and other benefits.
nBase Pay
n$47,100—$66,600 USD
nAgri-Access is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
nMust be authorized to work for any employer in the US. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.
nClick here to view federal employment laws applicable for applicants.
nCompeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
nMust be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.
nMinimum Education Required
nHigh School Diploma or Equivalent
nMinimum Experience Required
nNone
nShift
nFirst (Day)
nNumber of Openings
n1
nPublic Transportation Accessible
nYes
nVeterans Encouraged to Apply
nNo
nPhysical Required
nYes
nDrug Test Required
nYes
nCompensation
n$47,100.00 - $66,600.00 / Annually
nPostal Code
n56001
nJob Type
nFull Time
nPlace of Work
nOn-site
nRequisition ID
n nJob Benefits
nNot specified
Worksite address
mankato, MN, 56006, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.