Commercial/Ag Loan officer

JOB SUMMARY: The Commercial/Ag Loan Officer will be responsible for generating new business, managing a portfolio of commercial and agricultural loans and ensuring compliance with lending policies and regulations.

MAJOR RESPONSIBILITIES:

· Develop and maintain relationships with new and existing Commercial and Agricultural customers to understand their financial needs and objectives.

· Communicate with customers to explain loan products, terms and conditions.

· Analyze financial statements, credit reports and other relevant information to assess the creditworthiness of loan applicants.

· Structure and present loan proposals to the Loan Committee for approval.

· Negotiate loan terms and conditions with customers, ensuring alignment with company policies and Risk Management.

· Monitor the performance of the loan portfolio, identify and address any potential risks or delinquencies.

· Stay informed about market trends, industry developments and competitor offerings to identify new business opportunities.

· Develop new business by calling on existing and potential customers. Actively participate in community affairs. Cross-selling Bank services as appropriate.

· Additional duties may be assigned from time to time which are deemed to be within the employee's capabilities.

CORE RESPONSIBILITIES:

· Ability to exercise sound judgment and to observe the highest degree of confidentiality in the handling of information.

· Strong understanding of Commercial and Ag lending products, credit analysis and risk assessment.

· Excellent interpersonal and communication skills, with the ability to build and maintain strong customer relationships.

· Thorough understanding of Bank products and services.

· Professional demeanor in appearance, interpersonal relations, work ethic and attitude.

· Ability to adhere to Bank policies and procedures.

AUTHORITY: The Loan Officer shall have the authority to do whatever is necessary and to make any decisions necessary to effectively carry out his/her duties within the confines of established Bank policies and procedures as set forth by the Board of Directors, and within regulatory guidelines.

QUALIFICATIONS & STANDARDS: Bachelor’s degree in a business field of study and 5 years of experience.

Job Type: Full-time

Benefits:

• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Vision insurance

Compensation Package:

• Bonus opportunities

Ability to Relocate:

• Devils Lake, ND 58301: Relocate before starting work (Required)

Work Location: In person