Credit Risk & Loan Operations Officer

The Credit Risk & Loan Operations Officer is responsible for managing the risk and operations of
the loan department, ensuring sound credit practices, compliance, and overall quality of the loan
portfolio.

• Oversees and manages loan administration/operations department of the bank (hiring,
  developing, coaching, reviewing, disciplining, scheduling, etc.)
• Ensures that the loan operations staff completes their assigned job duties with a high level of
  efficiency and accuracy
• Develops and maintains policies and comprehensive procedure manuals related to all aspects
  of loan operations in accordance with all regulatory requirements
• Develop and create reports as needed for research and analytical purposes

190 2nd Ave SW, Milaca, MN 56353

The Credit Risk & Loan Operations Officer is responsible for managing the risk and operations of
the loan department, ensuring sound credit practices, compliance, and overall quality of the loan
portfolio.

• Oversees and manages loan administration/operations department of the bank (hiring,
  developing, coaching, reviewing, disciplining, scheduling, etc.)
• Ensures that the loan operations staff completes their assigned job duties with a high level of
  efficiency and accuracy
• Develops and maintains policies and comprehensive procedure manuals related to all aspects
  of loan operations in accordance with all regulatory requirements
• Develop and create reports as needed for research and analytical purposes

• Monthly, quarterly, and annual Board of Director (BOD) reports – established list
• Quarterly Allowance for Credit Losses (ACL) & Current Expected Credit Losses (CECL) calculation
  and reporting package
• Quarterly FHLB Submission
• FHLB MVC Audit
• Annual Loan Policy Exception Tracking to BOD

• Supplies pertinent information for all lending area regulatory examinations and audits
• Oversees the processes and follow-up related to all regulatory examinations, audits or loan
  reviews
• Prepares responses to audits, loan reviews and examination findings regarding loan operation
  or credit risk areas

• Oversees and manages credit analysis department of the bank (hiring, developing, coaching,
  reviewing, disciplining, scheduling, etc.)
• Provide overall leadership and risk assessment for loan related compliance issues
• Review all credit presentations to loan committee to ensure accuracy, completeness and
  independence
• Oversee and ensure efficient and accurate preparation of loan presentations, annual reviews
  and loan file documentation
• Develop, monitor & provide management reports related to bank’s loan portfolio
• Manage loan portfolio for appropriate mix, ensuring profitability without significant risk to
  the Bank
• Ensure protection of the Bank’s interests by ensuring adequate file documentation and
  adherence to Bank policy and to laws/regulations applicable to department operations
• Manage all aspects of the bank-wide credit policy, credit administration and loan review
• Monitor compliance with Loan Policy and appropriate regulations
• Communicate credit risk issues to the board and management

• Stay informed about and ensure compliance with relevant banking regulations and industry
  best practices
• Serves on the Credit Committee and Supervisor Committee

• $100,000 - $130,000

• Bachelor’s degree in finance, business administration, or related industry experience (7+ years)
• Extensive experience in credit risk management, lending and banking operations
• Strong aptitude for problem solving
• Strong analytical skills
• Ability to interpret regulations and laws relating to Financials
• Ability to multi-task and organize priorities
• Level of computer literacy with knowledge of Word, Excel, and other applications
• Strong written and verbal communication skills
• Maintain confidentiality
• Maintain a high level of focus and accuracy
• Proven teamwork skills
• Ability to work well on your own without management…