Effingham - Loan Operations Manager

Location

2900 N 3rd St, Effingham, IL 62401

Reports to

VP of Finance and Credit

Salary

$50,000 - $80,000 annually

Key Responsibilities

• Follow all established personnel and safety policies and procedures
• Submission of loan advances, loan payments, loan credits and monthly statements on timely basis
• Submission of loan documents on timely basis
• Maintain monitoring system for loan programs
• Assist in establishing credit programs that are valued added to the selling of The Equity products
• Addressing customer complaints and resolving problems
• Accountable for administrating the credit policy established by the board of directors
• Assist in loan service work in the field.
• Assist in the collection of past due accounts by letter, phone, or in person
• Assist in the approval of new accounts

Required Knowledge, Skills, and Leadership Characteristics

• Bachelor’s degree in business administration or related field is preferred
• Minimum of three years of business experience
• Possess a self-motivating personality as well as team building skills, and the ability to work effectively without direct supervision
• Proficient in Microsoft Office including Excel, Word, and Outlook
• Must possess excellent communication and organizational skills

Work Environment

This job operates in a professional office environment.  This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.  Duties of the job require confidentiality. Due to the nature of the business, extended hours may be required.

Physical Demands

While performing the duties of this job, the employee is regularly required to speak and listen. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. This position requires the ability to occasionally lift office products and supplies up to 20 pounds.

Travel

The employee may be required to travel to other facilities in The Equity trade area, conferences, educational opportunities, and other job-related activities.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time.

Date Posted

09/26/2025

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Who is The Equity?

The Equity is an independent ag cooperative headquartered in Effingham, Illinois and has over 500 employees. Our market area currently includes 22 locations and covers central Illinois and southwest Indiana. The Equity has five divisions including: Agronomy, Grain, Feed & Livestock, Energy, and two Retail Stores, plus a Precision Agronomy dealership as well as a cutting-edge drone sprayer business. The Equity’s mission is to deliver value to our customers through operational excellence, providing information, exploring opportunities, and supporting profitable roles for producers. 

Benefits Overview

• Paid vacation, 6 days Paid Time for All, 9 paid holidays, 2 paid floating holidays 
• 401k match up to 6%
• One week paid Parental Leave
• Referral Program
• Company Incentive Program
• Medical, dental, and vision
• Paid Life insurance and long-term disability insurance

Effingham Equity shall not be liable for, shall not pay, and expressly rejects and disclaims any and all responsibility or liability for any commission, expense, fee or cost claimed or charged by any recruitment or employment agency, firm, or company in connection with the employment of any candidate selected by Effingham Equity for the position described above unless a written contract is executed by Effingham Equity and such employment agency, firm or company before Effingham Equity makes an offer of employment to such candidate.