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Land O'Lakes Inc
Arden Hills, MN | Full Time
10 Months Ago
Loan Assistant
Land O'Lakes Inc Arden Hills, MN
Full Time | Retail 10 Months Ago
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Land O'Lakes Inc is Hiring a Loan Assistant Near Arden Hills, MN

Join Land O’Lakes, Inc., and help us bring food from farmer to fork, building vibrant communities along the way. We’re a global, Fortune 250 company and a farmer-owned cooperative, which means we work for one another—not Wall Street. We’re proud to rank a Top Workplace. We offer: Competitive compensation and rewards Best-in-class healthcare for you and your family Powerful savings programs Training and career progression Loan Assistant Land O’Lakes Finance Company, a progressive agricultural lender headquartered in the Twin Cities, is looking to fill a position for a Loan Assistant. This position will play a critical role in performing loan processing functions from point of application through post-closing. This is a key position and we are looking for a team player that can handle a multitude of duties/responsibilities and assist with special projects. The successful candidate will develop strong relationships with loan officers and operations team to foster timely and effective loan closings. Primary Responsibilities: Coordinate with loan officers and loan administrator to provide all required loan documents necessary to perfect company’s security interest and produce loan documents. Review borrower(s) organizational documents, Certificates of Good Standing, borrowing resolutions and other documents needed to verify corporate standing, proper borrowing authorization, and authorized signer/signatory. Includes review of trust documents if a trust is party to the transaction. Order and review third party documentation including UCC searches, credit reports, appraisals, flood certifications and title work and provide timely follow-up on any issues discovered. Perform post-closing functions including preparing loans for booking, sending documents for recording, update workflow tasks and track trailing documents and/or financial tracking. Scan, upload, and index various documents to imaging software. Clearly and professionally communicate with loan officers, team members, customers and other internal and external support partners. Experience & Education: High School diploma/GED required; Bachelors Degree preferred 2 years related work experience. Commercial or Ag loan experience highly desired. Intermediate/strong computer skills, including proficiency in MS Office. Experience with banking platforms ie. Fiserv DNA and LaserPro preferred Competencies & Other Skills: Effective interpersonal communication skills - both verbal and written. High degree of confidentiality and professionalism. Focus, strong organization, and time management skills. Success in this position requires high internal drive, a natural ability for relationship building, and leadership in a team environment. Proven ability to work productively and efficiently without direct supervision. Land O'Lakes, Inc. is an Equal Opportunity Employer (EOE) M/F/Vets/Disabled. The company maintains a drug-free workforce, including pre- and post-employment substance abuse testing pursuant to a Drug and Alcohol Policy. Neither Land O’Lakes, nor its search firms, will ever contact you and ask for confidential information over the phone or in email. If you receive a call or email like this, please do not provide the information being requested. Land O'Lakes endeavors to make Landolakesinc.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the HR Solution Center at 844-LOL-HR4U (844-565-4748) M-F 8:00am-4:30pm CT.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Retail

POST DATE

05/24/2022

EXPIRATION DATE

10/28/2022

WEBSITE

landolakesinc.com

HEADQUARTERS

PORT RICHEY, FL

SIZE

3,000 - 7,500

FOUNDED

1921

TYPE

Private

REVENUE

$50M - $200M

INDUSTRY

Retail

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About Land O’Lakes, Inc.

Land O'Lakes develops, produces, markets and distributes dairy products such as butter, spreads and cheese.

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The job skills required for Loan Assistant include Leadership, Confidentiality, Time Management, Building Relationships, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Assistant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Assistant. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Loan Assistant positions, which can be used as a reference in future career path planning. As a Loan Assistant, it can be promoted into senior positions as a Top Branch Administration Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Assistant. You can explore the career advancement for a Loan Assistant below and select your interested title to get hiring information.

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If you are interested in becoming a Loan Assistant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Assistant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Loan Assistant job description and responsibilities

Setting up commercial loan files, responsible for maintaining department files in an accurate and efficient manner.

03/29/2022: Binghamton, NY

Order required due diligence items (i.e. Appraisals, Environmental Reports, Property Inspections, Flood Searches and UCC searches)

02/16/2022: Cincinnati, OH

Prepare and review internal documentation for loan closings as needed.

05/09/2022: Biloxi, MS

Works with third-party professionals (attorneys, appraisers, inspectors, etc.) in order to close loans in conformity with approved terms and conditions.

02/12/2022: Olympia, WA

Reviews all loan documents prior to closing to ensure that they will cover the intended collateral and documentation of the borrower’s and guarantor’s obligations to the bank.

04/23/2022: Norwich, CT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Loan Assistant jobs

Remain current on all pertinent consumer/agricultural lending and other financial institution-related laws and regulations.

03/08/2022: Kansas City, KS

Cover phone calls and customer meetings as necessary and keep manager informed of all activities within department.

04/02/2022: Mcallen, TX

Actively participate in training programs to maintain and acquire additional job knowledge and skills.

03/05/2022: Wichita Falls, TX

Update collateral values, as needed, on commercial and residential real estate loans.

03/16/2022: Lebanon, PA

Balance and maintain residential and commercial real estate construction loan file.

03/12/2022: Evansville, IN

Step 3: View the best colleges and universities for Loan Assistant.

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