Commercial Loan Officer Job Williston area,North Dakota USA,Finance & Banking

Job Title: Commercial Loan Officer

Job Location: Williston, ND 58802

Department: Loan

Supervisor

Title:

Chief Lending Officer

Reporting Relationships: President/CEO

General Summary

Commercial Loan Officer will work under the direction of the Chief Lending Officer to examine, evaluate, and recommend approval of customer applications for commercial credit loans. The Commercial Loan Officer shall be responsible for servicing the bank’s existing commercial loan portfolio as well as generating new commercial loan business for the bank.

Essential Duties and Responsibilities

Primarily processes commercial credit loans

Interviews applicants and requests specific information for loan applications

Requests applicant’s credit reports, background checks, reference checks, and other information pertinent to loan applicant’s evaluation

Calls or writes credit bureau and employer to verify accuracy of information

Analyzes applicant’s financial status, credit, and property evaluation to determine feasibility of granting loan or submits application to credit analyst for verification and recommendation

Corresponds with or interviews applicants to resolve questions regarding application information

Calls specified companies to obtain property abstract, survey, and appraisal

Ensures all title issues are met and that loan is property recorded

Reviews and analyzes title report or survey to determine issues and any present or potential risk

Notifies customers of approval or prepares adverse action form for loan processor to complete and mail out

Approves loans within specified limits or refers loan to loan committee for approval

Compiles loan package and facilitates negotiation of loan structure with applicants, including fees, loan repayment options, and other credit terms

Ensures loan agreements and loan files are complete and accurate according to loan policy

Assures timely loan closing and funding activities

Assists customer in completing all required documentation and disclosures

Ensures customer understands conditions and terms of account

Reviews delinquent account records to determine appropriate action

Analyzes potential loan markets to develop prospects for loans

Responds to customer inquiries including payment questions, payoffs, and loan values

Originates loan correspondence

Maintains proper correspondence and legal files

Explains, promotes, and cross sells other bank products and services

Participates in bank’s loan committee meeting and other committee meetings as assigned

Other duties and responsibilities as assigned by supervisor

Type of Position

This is a full-time position with hours and days of work 8:00 a.m. to 5:00 p.m., Monday through Friday. Occasional evening and weekend work may be required as job duties demand. Bank strongly encourages work in the community outside of normal banking hours. We are a community bank and expect our employees and organization to give back to the communities we serve.

Qualifications

Bachelor’s degree in Accounting, Finance, or Business Administration or three years’ experience in related field
Highly motivated self-starter with sales skills to promote bank products
Proficient in Excel & Microsoft Word
Strong verbal and written communication skills
Excellent customer service skills

Travel Requirements

Travel will be required with this position from time to time. Customer calls to existing customers or prospective customers may require travel outside of the Williston area. Additional training may also require travel. Bank provides company vehicle for required travel or mileage reimbursement.

Job descriptions and work assignments are subject to change as business needs and conditions require. Supervisors may assign job duties and tasks not listed in description at any time. Department Heads and members of the Management Team may also make additional job assignments.

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