Retail Closing - Intern

Location: 

Emmetsburg, IA, US, 50536 Perry, IA, US, 50220 Oskaloosa, IA, US, 52577-3717 Decorah, IA, US, 52101 Mount Pleasant, IA, US, 52641 Manchester, IA, US, 52057-1522 Sheldon, IA, US, 51201 Red Oak, IA, US, 51566-1284 Webster City, IA, US, 50595 Carroll, IA, US, 51401 Mason City, IA, US, 50401 DeWitt, IA, US, 52742 Marshalltown, IA, US, 50158 Storm Lake, IA, US, 50588 Hiawatha, IA, US, 52233 Sioux City, IA, US, 51106 Harlan, IA, US, 51537 Cedar Falls, IA, US, 50613-0396 Newton, IA, US, 50208

Req ID:  1925
Salary Range:  $19.00
Incentive Opportunity:  0% - 0%

AgCountry Farm Credit Services (AgCountry), Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit are financial cooperatives that operate under shared management across eight states. While each association is owned by its local farmers and ranchers, they collaborate by pooling resources, expertise, and talent to provide affordable credit, crop insurance, and financial services.

Our associations are united by a common mission and commitment to serving rural America and supporting each other, which drives the success of the farmers, ranchers, and agribusiness we serve. We take pride in being a great place to work, and this enthusiasm is reflected in the relationships our team members foster with one another and with our customers.

 

Job Summary

 Our Retail Closing Specialist Intern will work side by side with our team and will be challenged and provided with tremendous growth opportunities, learning the primary responsibilities of loan closing preparation and collaborating with various teams.   

 

Our interns work on projects that matter—and teams will rely on your skills and insights to help deliver those projects to market. You’ll get the opportunity to work on real projects and have fun along the way.   

Essential Duties & Responsibilities

  • Prepare non-consumer loan documents from approval through finalization.  Including monitoring of appraisal and closing conditions. Once the loan is underwritten, responsible for all aspects of loan closing preparation and completing post-closing activities. 
  • Ensure accuracy of loan pricing and fees and document any exception approvals, prepare rate lock agreement and monitor closing deadlines. 
  • Complete loan verification requirements related to loan documents, review entity and trust documentation, and ensure compliance with applicable regulations. 
  • Partner with respective parties to ensure loan conditions are satisfied, initiate title work, and resolve any issues. 
  • Approve loan disbursements and book loans. Responsible for perfecting lien position, including recording and filing documents timely, following up on UCC terminations or other lien releases, obtaining vehicle titles, and ensuring first lien position with final title policy or final title opinion. 

Travel Time

  • Must be available to travel to Omaha, NE three times during the internship: for Orientation, Mid-Summer, and Closing events. Travel expenses will be covered. 

Requirements

  • Currently pursuing a degree in Finance, Accounting, Business or similar field of study  
  • Minimum of 3.0 GPA on a 4.0 scale  
  • Demonstrated leadership abilities  
  • Effective communication and interpersonal skills (both written and verbal)  
  • Available for a 12-week internship during the summer 

Intern Benefits

  • Qualified interns will receive a competitive hourly wage and $500 sign-on bonus    
  • Relocation assistance is available for those who qualify 

 

*We reserve the right to close this posting early if we receive a high volume of qualified applications.*  

 

About Us:

AgCountry has 45 offices, is based in Fargo, North Dakota and serves portions of North Dakota, Minnesota, and Wisconsin, FCSAmerica is based in Omaha, NE and has 42 local offices serving rural communities and agriculture in Iowa, Nebraska, South Dakota, and Wyoming. Frontier Farm Credit has six offices serving eastern Kansas. Together, we support nearly 82,000 producers and agribusinesses, meeting the needs of today’s agricultural industry with our combined 2600+ employees providing lending, risk management, technology, commodity marketing, and customer and employee education.

 

AgCountry Farm Credit Services, ACA, Farm Credit Services of America, ACA, and Frontier Farm Credit, ACA are Equal Employment Opportunity employers, and they comply with all applicable federal, state, and local fair employment practices laws.


Nearest Major Market: Fort Dodge
Nearest Secondary Market: Ames