What are the responsibilities and job description for the Ag / Commercial Lender position at Farmers & Merchants State Bank of Pierz?
Overview
We are seeking a highly motivated and results-driven Ag & Commercial Lender to join our dynamic team. This individual will be responsible for developing, managing, and expanding relationships with agricultural and commercial clients by providing tailored financial solutions to meet their needs. The ideal candidate will have two to five years of experience in agricultural and commercial lending, strong oral and written communication skills, a strong understanding of financial products and a passion for supporting local businesses and farms.
Responsibilities:
- Loan origination--Identify and develop new business opportunities by prospecting, generating leads, and building relationships within the agriculture and commercial sectors.
- Relationship management–Maintain and grow relationships with current clients, ensuring on-going satisfaction and identifying additional lending opportunities.
- Credit Analysis—Analyze clients’ financial status, creditworthiness, and business operations to recommend appropriate loan products. Work with credit analyst to prepare loan packages and present them to loan committee for approval as needed.
- Risk Management—Assess and mitigate risks associated with lending decisions. Ensure compliance with all regulatory requirements and internal policies. Collaborate with clients to understand their financial needs and provide tailored lending solutions. Conduct site visits and financial assessments to evaluate and monitor ongoing loan performance.
- Market expertise—Stay current on industry trends, economic conditions and regulatory changes affecting the agricultural and commercial lending sectors.
- Collaboration—Work closely with the credit team to ensure exceptional customer service.
- Cross-Selling—Identify opportunities to cross-sell bank products and services.
- Community involvement--Participate in community events and agricultural organizations to promote Farmers & Merchants and our services.
Requirements:
- Excellent communication and interpersonal skills.
- Bachelor’s degree in finance, accounting, economics, business or related field
- Minimum 2-5 years of experience in agricultural and commercial lending
- Strong understanding of agricultural lending practices, including loan structures, underwriting, financial analysis and risk management as well as the ability to assess financial statements, cash flows and business plans.
- Familiarity with loan origination processes and related documentation is essential.
- Strong computer skills, including proficiency in Microsoft Office and credit software
- Detail oriented and strong organizational skills with the ability to manage multiple applications simultaneously.
- Ability to work independently as well as collaboratively within a team environment.
- Willingness to travel as needed to meet with clients or for educational purposes.
This role offers an exciting opportunity to play a pivotal in the success of both local businesses and farms while advancing your career in agricultural and commercial lending. If you are passionate about providing financial solutions and building lasting relationships, we encourage you to apply.
Job Type: Full-time
Pay: $55,000.00 - $75,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Professional development assistance
- Vision insurance
Schedule:
- Monday to Friday
Ability to Commute:
- Pierz, MN 56364 (Required)
Ability to Relocate:
- Pierz, MN 56364: Relocate before starting work (Preferred)
Work Location: In person
Salary : $55,000 - $75,000