Can the Load editor access a content library

[Crichter141]

I have images in the content library and images in a URL

I'd like to move this code out of an object and into the Load editor. 

Can it be done and how?  I've never referenced the content library in the load editor.  Help?

=IF(ISNULL(PRODUCT_IMAGE_URL)=0,PRODUCT_IMAGE_URL,
vContentLibrary & TRIM([PRODUCT CODE]) & ' front.jpg')