Loan Production Manager

Job description

Great Opportunity! First Exchange Bank, a North Central Community Bank seeks Loan Production Manager working out of our White Hall office. The right individual will be an integral member of our lending team and be a positive representative of the organization. Full benefits include health, dental, life insurance, paid vacation and 401k. Salary will be based on experience. Qualifications will include bachelor’s degree in business or related field or equivalent experience and knowledge.

Applicants are requested to respond to CindyS@FirstExchangeBank.com or Mail to Cindy Shriver, 1 Heritage Way, White Hall, WV 26554

Job Description First Exchange Bank

LOAN PRODUCTION MANAGER

Job Title:

Department:

Reports To:

Supervises:

Job Function:

1. The primary responsibility of the Loan Production Manager (LPM) is to facilitate and expedite the loan approval process by completing the Commercial Loan Recommendation Sheet (CLRS). The LPM works with the loan production team to meet Key Production Indicators (KPI) established by management.

2. The Loan Production Manager reports to the Chief Lending Officer (CLO) who will monitor and prioritize loans in process recognizing that priorities may need to be shifted to meet customer service needs.

3. The LPM is the gatekeeper for financial information. The LPM will accumulate financial information to the degree necessary for forwarding to the Credit Analyst to complete the financial analysis of the borrower.

4. The LPM will attend weekly production meeting and report the loans in process and additional information required to complete timely underwriting of loans.

5. The LPM will attend Bank Loan and Management Loan Committee meetings and participate in the discussion of loans being presented for approval by the committee.

Core Values:

1. Maintain the highest ethical and legal standards and practices.

2. Be passionate about customer service. Ensure all customers receive prompt and courteous service with products/ services offered.

3. Provide creative proper solutions to our customers to meet their needs while protecting the bank from excess risk and exposure to losses.

4. Maintain a strong work ethic while being active in the community.

Duties include but are not limited to:

1. Collection of financial information from the lender or borrower.

2. Forwarding the financial information for credit analysis.

3. Following up with the lender or borrower when it is determined that additional information is required. A reasonableness test should be included based on the size and complexity of the customer to prevent “paralysis by analysis” so the CLRS can be completed in a timely fashion.

4. Researching resources to determine the borrower is properly registered to conduct business (i.e. corporate, limited liability companies, etc.)

5. Researching market information pertinent to the loan application utilizing various resources (company and industry websites, banking publications, RMA statement studies, etc.).

6. Completing the CLRS with existing and projected loan information, ratios, trends and other information provided by the credit analyst and lender, details of the loan purpose, history and pertinent information of the borrower, reasonable strengths and weaknesses of the borrower and loan request.

7. Address any reasonable weakness of the borrower, credit analysis or transaction structure with the lender to develop mitigating factors for identified issues.

8. Complete the appropriate risk rating worksheets for each loan to include with each loan request and annual analysis.

9. Present the CLRS to the recommending or servicing lender for concurrence with the information presented in the CLRS.

As the lender is ultimately responsible for the loan recommendation and is responsible to manage the loan to repayment, any CLRS items that are not satisfactorily resolved between the LPM and lender are submitted to the CLO for resolution.

Physical Demands

The employee will occasionally lift and/or move up to 50 pounds. The employee will regularly sit, talk, hear, use hands to finger, handle, or feel; and reach with hands and arms. The employee will occasionally stand, walk, climb, or balance; stoop or kneel. Special vision requirements include close vision and the ability to focus. The noise level in the environment is usually normal.

Special Projects: This position will require collaboration with other departments at the direction of the Chief Executive Officer and require completion of special projects as assigned.

Skills and Qualifications:

o Ability to use and become skilled at a variety of computer software

o Take initiative

o Multi-task

Be a warm, wise champion and a team player!!!!

Employee Signature Date Supervisory Signature Date

Applicants are requested to respond to CindyS@FirstExchangeBank.com or Mail to Cindy Shriver, 1 Heritage Way, White Hall, WV 26554

First Exchange Bank is an Equal Opportunity Employer

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person