Loan Officer

About the Role

The loan officer develops and maintains a variety of business (commercial, construction, and agriculture) and individual relationships with prospective and existing customers. Makes decisions on loans and terms within established lending limits or recommendations to the Loan Committee. Monitors current loans to ensure complete compliance with terms. Provides financial advice and counsel to current and prospective customers. Calls on potential or current customers to develop new business and/or increase or retain existing business. Administers or refers customers to all credit, deposit, and other financial services products offered by the bank.

Responsibilities

• Solicits new loans and deposits from prospective and existing customers.
• Extends credit within loan limits.
• Refers credit to superior or loan committee for credit outside of loan authority.
• Refers or sells non-bank financial products.
• Sells bank business services.
• Services existing customer accounts.
• Performs regular reviews and inspections of existing credits.
• Follows up on past due or watch list credits.
• Interacts in a professional, courteous manner with customers, co-workers, vendors, etc.
• Maintains strict confidentiality guidelines in accordance with company policy.
• Demonstrates knowledge and expertise of general bank accounting procedures and supports the company’s overall mission, standards, policies, and procedures.
• Maintains personal grooming and company dress and appearance standards.
• Maintains company attendance standards.
• Performs other tasks as assigned.

Requirements

• Bachelor’s Degree in Business Administration preferred or equivalent combination of education and work experience.
• A valid driver’s license.
• Satisfactory credit and criminal background check.

Skills

Hard Skills:

• Proficient in basic computer operations.
• Proficient in 10-key.
• Proficient in Microsoft Office Word and Excel.
• Able to type efficiently.

Soft Skills:

• Good verbal and written communication skills.
• Attention to detail.
• Organization skills.
• Can-do attitude.
• Problem-solving skills.
• Decision-making skills.
• Sense of urgency.
• Strong work ethic.

Physical Demands

• Regularly required to talk and hear.
• Requires sitting for extended periods with some walking, bending, kneeling, stooping, crouching, crawling, and climbing.
• Occasional light lifting not over 25 lbs.
• Specific vision abilities required include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.