Loan Officer

Job Details

Job Location:

Dillon Branch - Dillon, MT 59725
Position Type:
Full Time
Education Level: 4 Year Degree

Travel Percentage :
Up to 25%

Job Shift: Day
Job Category:
Banking

Summary:

As a Loan Officer of The Bank of Commerce, you are responsible for business development and establishing new relationships. It is expected that you will increase the bank’s loan and deposit balances by developing relationships which run parallel to bank goals. An integral part of your job function is to assess a borrower’s creditworthiness for potential loan transactions through detailed analysis of a borrower’s financial position.

As part of this process, you will accept loan applications, collect the proper financial data, underwrite potential credits, make credit decisions, and close and service loan transactions.

• Entry level Loan Officer position.
• Reviews input from credit analysts and makes independent credit decisions on simple, lower dollar loan requests.
• Works closely with upper level Loan Officers to assist in analyzing and structuring complex loan requests.
• Will meet directly with customers to assess credit needs, gather underwriting materials, and eventually close loans.
• Submits loans above individual lending limit to Area Managers or Senior Loan Review for approval.
• Level 1 Loan Officers will be responsible for developing and maintaining a loan portfolio balance between up to $5 million.
• May be expected to have operational supervision over other employees. Engages in civic and community organizations as part of the business development process.

• Interpersonal Skills
  - Focuses on solving conflict, not blaming;
  Maintains confidentiality;
  Listens to others without interrupting;
  Keeps emotions under control;
  Remains open to others' ideas and tries new things.
• Technical Skills – Assesses own strengths and weaknesses; pursues training and development opportunities; strives to continuously build knowledge and skills; shares expertise with others.
• Oral Communication
  - Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; responds well to questions. Demonstrates group presentation skills.
• Written Communication
  - Writes clearly and informatively;
  Able to read and interpret written information.
• Ethics
  - Treats people with respect and consideration regardless of their status or position;
  Keeps commitments; inspires the trust of others;
  Works with integrity and ethically;
  Upholds organizational values.
• Organizational Support
  - Follows policies and procedures;
  Completes administrative tasks correctly and on time; supports organization's goals and values;
  Benefits organization through outside activities;
  Supports affirmative action and respects diversity.
• Professionalism – Approaches others in a tactful manner; reacts well under pressure; accepts responsibility for own actions; follows through on commitments.
• Dependability
  - Follows instructions, responds to management direction;
  Takes responsibility for own actions;
  Keeps commitments;
  Commits to long hours of work when necessary to reach goals. Completes tasks on time or notifies appropriate person with an alternate plan.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

College degree in finance or business-related field is preferred and/or equivalent work experience. Should have previous banking experience or minimum three-five years related work experience.

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or government regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Ability to solve practical…