What are the responsibilities and job description for the Loan Officer position at Ambank Company?
About American State Bank:
For over 50 years, we have been committed to providing our customers with high-quality products and exceptional customer service. Our goal is to make sure our customers have adequate tools to successfully manage their financial health. We are family owned and family oriented. You have a life outside of work, so we encourage flexibility to make sure you have a healthy work-life balance. We employ a large group of individuals who are living examples of our professional, yet fun culture. We are invested our communities and take great pride in the different ways we can volunteer and show our support.
The Opportunity
The Loan Officer will evaluate, authorize or recommend approval of loan applications for agricultural financing needs, including operating loans, equipment purchases, and land acquisition, commercial needs, and consumer loans. The loan officer will collaborate closely with clients to understand their goals, assess risk, and develop tailored lending strategies. Maintaining regulatory compliance, ensuring timely loan processing, and cultivating lasting client relationships are key components of this role.
Count On To:
• Review, process, close, and administer loan proposals
• Interviews applicants and requests specified information for loan applications
• Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loans or submits the application to a credit analyst for verification and recommendation
• Corresponds with or interviews applicants or creditors to resolve questions regarding application information
• Approves loan within specified limits or refers loan to the committee for approval
• Ensures loan agreements are complete and accurate according to policy
• Maintains database and monitors performance of loans
• Confers with underwriter to aid in resolving mortgage application problems
• Analyzes potential loan markets to develop prospects for loans
Knowledge And Skills:
• Associates degree or equivalent from two-year college or technical school; or six-months to one-year related experience and/or training; or equivalent combination of education and experience
• Develop written reports and correspondence
• Communicate effectively before groups or in one-on-one situation
• Calculate figures and amounts such as discounts, interest, commissions, proportions, percentages
• Apply common sense understand and communicate banking principles to customers
• Deal with customer issues
• Assure loan process accuracy
• Proficient in Microsoft products
• Desire to grow within the company
Benefits
Healthcare (medical, vision, dental)
Competitive Compensation
Community Involvement Incentives
Paid Vacation & Sick leave
Paid Holidays
Paid Maternity & Parental Leave
401(k) with matching contribution
Team Building Activities
Apparel Reimbursement
Our Values
Integrity
Dedicated
Community
Caring
Innovative
Member FDIC I Affirmative Action I Equal Opportunity Employer
