Institutional Loan Servicing Intern

Reporting to the Senior Manager, Institutional Loan Servicing, the student will have the opportunity to learn about various Operations functions and take part in initiatives, including but not limited to:

• Loan boarding, review, and servicing processes for Corporate AgFinance and Rural Infrastructure portfolios
• Operational requirements for participations, syndications, and commercial whole loans
• Post-settlement activity processing and reporting to downstream functions

Suitable candidates must be able to balance competing priorities with various deadlines in a high-stakes environment.

The People You Will Work With

The position will work closely with the Senior Manager, Institutional Loan Servicing and ILS Analysts, as well as other members of the broader Operations team.

Where and When You Will Work

The position would be remote or potentially hybrid for students who are located near the Washington, D.C. headquarters or the Johnston, Iowa, office of Farmer Mac. Work may be performed during core business hours, Monday through Friday 8:30 am to 5:30 p.m. Eastern for a minimum of 10 hours not to exceed 20 hours per week.

Desired Skills and Qualifications

• Strong interest in agricultural markets and commercial lending
• Knowledge of or interest in lending practices
• Solid MS Office skills, particularly Excel
• Strong educational record of achievement with an equally strong desire to learn
• Must be self-motivated and work well both independently and as part of a team
• Strong organizational skills and excellent attention to details are a must
• Successful candidates must share the Farmer Mac values listed below and demonstrate an ability to work collegially and collaboratively

Education and Experience

• Currently enrolled undergraduate pursuing a degree in Business Administration, Finance, Economics, or other quantitative disciplines
• Minimum GPA of 3.0

About Us

Farmer Mac is driven by its mission to increase the accessibility of financing for American agriculture and rural infrastructure. As a secondary market for our nation’s agricultural and rural infrastructure credit, we provide financial solutions to a broad spectrum of customers supporting rural America, including agricultural lenders, agribusinesses, and rural electric cooperatives. We are uniquely positioned to facilitate competitive access to financing that fuels growth, innovation, and prosperity in America’s rural and agricultural communities.

Farmer Mac’s Mission

Increase the accessibility of financing for American agriculture and rural infrastructure.

Farmer Mac’s Vision

Drive economic opportunity and prosperity by strengthening and connecting rural America.

Farmer Mac Core Values

Innovation                                                                Excellence

Passion for Our Mission                                         Relationships

Integrity

Farmer Mac is an equal opportunity employer.

NO EMPLOYEE OR JOB APPLICANT WILL BE DENIED OPPORTUNITIES OR BENEFITS AT FARMER MAC BASED ON RACE, RELIGION, COLOR, SEX, AGE, NATIONAL ORIGIN, DISABILITY, VETERAN STATUS, CITIZENSHIP STATUS, GENETIC INFORMATION, OR ANY OTHER BASIS PROHIBITED BY APPLICABLE LAW.

Farmer Mac has adopted an affirmative action program plan designed to create a workforce that reflects the demographics of the qualified available workforce in the relevant job market. A summary report is available upon request.