Loan Officer

General Summary

Manages a portfolio of all types of loan/depository accounts. Responsible for prospecting new customers and cross‑selling other banking services.

$75,000 - $100,000 annually.

• Prospects new customers and solicits new loans.
• Cross‑sells other banking services to new and existing customers.
• Maintains ongoing customer contact to ensure good customer relations.
• Performs ongoing management of a portfolio of all types of account relationships including account reviews, problem solving, research, and follow‑up to internal account errors.
• Interviews loan applicants: gathers and evaluates financial and related data to establish credit worthiness.
• Monitors customers' financial condition.
• Reviews and approves or denies loan requests to new or existing customers up to a pre‑determined limit.
• Prepares action memos to be reviewed by management and presents credits exceeding authority to the loan committee.
• Mays serve and vote as a member of the bank loan committee.
• Monitors loan repayment activities and takes necessary action to collect past‑due accounts.
• May participate in preparation of department budget, goals, objectives and strategic planning.
• Participates in civic and community organizations, representing the bank while following personal interests.
• Attends customer and bank‑sponsored events.
• Performs other related duties as assigned by management.
• Maintains regular and reliable attendance.

• Knowledge of agriculture, commercial and consumer lending procedures.
• Knowledge of credit structuring.
• Knowledge of general banking principles.
• Knowledge of sales and marketing practices.
• Skill in communicating with clients and co‑workers in a courteous and professional manner.
• Skill in operating computer terminals and printers.
• Skill in pricing loans.
• Ability to maintain a high level of confidentiality.
• Ability to problem‑solve.
• Ability to make sound decisions using information at hand.
• Ability to demonstrate accuracy and efficiency in a fast‑paced environment.
• Ability to function as a team player.

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

Benefits for employees working at least 35 hours per week include 8 paid holidays; 17 PTO days each year for the first five years of employment (employees must complete a 90‑day introductory period prior to accruing PTO); 16 hours of paid sick time upon hire date; health, dental, prescription drug card, vision, and voluntary life insurance plans; health savings account with employer contributions;

flexible medical and dependent care spending plans; 401K plan after 3 months and start of next quarter with employer contributions and profit sharing; $50,000 group term life insurance; long‑term disability insurance and employee assistance program. If working less than 35 hours per week, above benefits are modified.