Commercial Loan Officer

American State Bank & Trust Company is rooted in Williston, North Dakota and proudly serves local families and businesses with trusted, relationship-based banking. For over a century, we've combined financial strength with a personalized approach to help our customers and our communities grow and go beyond. We're committed to integrity, innovation, and community impact, and we're looking for team members who want to build meaningful careers while making a difference in our community.

This role is responsible for developing and managing all types of commercial loan accounts and relationships which meet established lending requirements, and which provide maximum profitability to the bank with a minimum risk. Also responsible for developing new account relationships for all areas of the bank, concentrating on commercial lending.

• Interview loan applicants and collect and analyze financial and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request. Information may be obtained by direct inspection of the applicant’s business and/or collateral, review of interim financial reports and personal interview.
• Establish and negotiate where necessary the terms under which credit will be extended, including the costs, repayment method and schedule and collateral requirements.
• Originate appropriate loans based on authorization granted by the Board of Directors and serve as a Contact Officer on loans above the established limit(s).
• Monitor loan repayment activities and take necessary action to collect from past due accounts.
• Advise customers, where possible, on business management and financial matters.
• Develop new business by contacting prospects and customers. Also cross-sell bank services.
• Develop material for and make loan presentations to the loan committee where required.
• Participate in community affairs to increase the bank’s visibility and to enhance new business opportunities.
• Serve as contact officer for non-borrowing accounts and loan customers for matters relating to other bank services.
• Undertake special projects relating to departmental services.
• Be an active member of commercial lending department in initiating changes in structure and work procedures and systems that will accomplish bank development objectives more efficiently.
• Become knowledgeable in the Small Business Administration and Bank of North Dakota Commercial Loan programs and existing financial institution residential lending programs
• Complete all initial and annual training requirements as outlined by ASBT.
• Perform all other duties as required, consistent with the goals, objectives and responsibilities of the lending function.

• A bachelor’s degree in business, finance or related field.
• Five years or more experience with a financial institution lending department or similar area preferred.
• Knowledge of financial institution policies and procedures preferred.
• Good communication, customer service, and sales skills required.

• Bachelor’s degree in business, finance or related field.

Relocation Assistance Available for Qualified Candidates.