Loan Officer

Responsibilities and Duties

• Prospects new customers and solicits new loans.
• Cross-sells other banking services to new and existing customers.
• Maintains on-going customer contact to ensure good customer relations.
• Performs on-going management of a portfolio of all types of account relationships.
• Includes account reviews, problem solving, research and follow-up to internal account errors, etc.
• Interviews loan applicants: gather and evaluate financial and related data to establish credit worthiness.
• Makes decisions regarding loan requests up to a pre-determined limit.
• Prepares action memos to be reviewed by management and presents credits exceeding authority to the loan committee.
• Makes decisions regarding loan repayment activities and takes necessary action to collect past-due accounts.
• May participate in preparation of department budget, goals and objectives and strategic planning.
• Attends customer and bank sponsored events.
• Represents the bank in civic and community organizations, following personal interests.
• Performs other related duties as assigned by management.

Knowledge, Skill, and Abilities

• Knowledge of agriculture, commercial and consumer lending procedures.
• Knowledge of credit structuring.
• Knowledge of general banking principles and banking.
• Knowledge of sales and marketing practices and principles.
• Communicate with clients and co-workers in a courteous and professional manner.
• Operate computer terminals and printers.
• Pricing loans.
• Maintain a high level of confidentiality.
• Problem solve.
• Make sound decisions using information at hand.
• Demonstrate accuracy and efficiency in a fast-paced environment.
• Function as a team player.

Education and Experience

• College degree preferred.
• Three years lending experience is preferred.