What are the responsibilities and job description for the Commerical/Ag Loan Officer position at First United Bank?
Job Summary:
The Commercial/Ag Loan Officer is responsible for originating 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 existing and potential customers to understand their financial needs and objectives.
- Communicate loan products, terms, and conditions to customers.
- Analyze financial statements, credit reports, and other relevant information to assess creditworthiness.
- Structure and present loan proposals to the Loan Committee for approval.
- Negotiate loan terms and conditions with customers while aligning with company policies and risk management.
- Monitor the performance of the loan portfolio, identify potential risks or delinquencies, and address them accordingly.
- Stay informed about market trends, industry developments, and competitor offerings to identify new business opportunities.
- Originate new business by calling on existing and potential customers, participate in community affairs, and cross-sell Bank services as appropriate.
- Perform additional duties assigned from time to time based on capabilities.
Core Responsibilities
- Exercise sound judgment and maintain confidentiality when handling sensitive information.
- Demonstrate strong understanding of commercial and ag lending products, credit analysis, and risk assessment.
- Possess excellent interpersonal and communication skills to build and maintain strong customer relationships.
- Have a thorough understanding of Bank products and services.
- Demonstrate a professional demeanor in appearance, interpersonal relations, work ethic, and attitude.
- Acknowledge and adhere to Bank policies and procedures.
Qualifications & Standards
Bachelor's degree in a business field of study and 5 years of experience required.
