Loan Processor Jobs

Job Classification:
Investment Management - Investment Operations
About PGIM Real Estate
With $207.9 billion in gross assets under management and administration ($133.8 billion net),1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.
PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. ( NYSE: PRU ). PGIM Real Estate’s risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing,2 and the local experience of professionals in 32 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world. For more information visit pgimrealestate.com .
About PGIM
PGIM is the global asset management business of Prudential Financial, Inc. ( NYSE: PRU ), a leading global investment manager with more than $1.2 trillion in assets under management as of Dec. 31, 2022. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, visit pgim.com .
Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information, please visit news.prudential.com .
Our Business
PGIM Agricultural Finance and Investments is a business within PGIM Real Estate, which is a wholly owned subsidiary of Prudential Financial, Inc. Leveraging a 100-year history in agricultural lending and equity/real estate management services, Prudential's agriculture business provides lending and equity management services in the agribusiness sector throughout the United States.
PGIM Agricultural Finance and Investments currently has a debt portfolio of over $8 billion with regional offices located in Fresno, CA, Roseville, CA, Orlando, FL, Memphis, TN, and Lisle, IL.
Our Role
We are looking for an astute, determined professional like you to fill an open Loan Processor role within our rapidly growing Agricultural Finance debt business. You will showcase your success through your growth mindset by learning from our tenured loan processing specialists, collaborating with our national team, and taking ownership in objectives facilitating our goals around growth and innovation. This rewarding opportunity will enable you to make a real and lasting impact in our organization, so if this sounds exciting, then PGIM might be the place for you. The business is actively seeking a high-motivated professional to join the company's Agricultural Finance business.
COMMERCIAL LENDING EXPERIENCE IS ABSOLUTELY REQUIRED!
This position will be located in a PGIM office (either Lisle, IL or Orlando, FL) and will report directly to the Operations Manager based in Lisle, IL. The Loan Processor is responsible for coordinating the timely and accurate handling of loan transactions per established department and PGIM Real Estate’s guidelines as well as ensuring compliance with regulatory and procedural requirements. This individual must be proactive, able to prioritize and balance multiple transactions, and have a learning and growth mindset.
Job duties will include but may not be limited to

• Transmits loan information and documentation to servicing, asset management, and other departments as needed.
• Use of proprietary models and loan templates via both Microsoft Office products and proprietary systems.
• Coordinate proper handling of confidentiality agreements, loan applications, and other documentation via DocuSign and other means to ensure compliance with all regulatory (e.g., privacy, material non-public information, etc.) and procedural requirements.
• Coordinates receipt of fees and initial business due diligence items from borrowers and communicates the handoff to the Loan Closer.
• Assist the senior Loan Processors, Operations Manager, and others on special projects and team initiatives as requested, such as reporting, annual procedural updates, etc.
• Interfaces with internal and external parties, including loan originator, analyst, closer, borrower, counsel, engineer, and other personnel proactively to ensure loan transactions are processed timely.
• Performs data entry and quality control checks to ensure data integrity to meet strict delivery deadlines.
• Prepares and reviews loan authorization packages for submission to underwriters and management.
• Reviews preliminary drafts as needed to verify accuracy and ensures final documents uploaded properly into proprietary document exchange and management systems.
• Some administrative duties may be required.

Qualifications

• Innovative; adaptable to change; learning and growth mindset.
• A minimum of 3 years of Commercial lending experience. COMMERCIAL LENDING EXPERIENCE IS ABSOLUTELY REQUIRED!
• Strong organizational, analytical and problem-solving skills.
• Self-motivated, proactive, detail-oriented, and highly-organized with exceptional time management skills; must be able to prioritize workload and perform accurately and by deadlines.
• Experience in agriculture and/or timber sectors preferred but not required.
• Notary Public is a plus
• Strong interpersonal/customer service skills are essential with the ability to create/build and maintain relationships with internal and external parties.
• Expertise in Microsoft Office 365, especially Excel (including working knowledge of formulas and pivot tables) and Word (including working knowledge of references and review functions); expertise in Teams, OneNote, and SharePoint a plus. Ability to work with Power BI a plus.
• Bachelor’s Degree in finance, business, accounting or related fields a plus.
• Able to travel occasionally (generally once a year or less, e.g., conferences, etc.).
• Excellent written and verbal communication skills with ability to communicate clearly and concisely based on needs of the audience.
• Ability to manage multiple responsibilities under challenging time frames.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.
The Prudential Insurance Company of America, Newark, NJ and its affiliates.
Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [email protected] for more information about doing business with Prudential.
PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email [email protected] .
Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.