What are the responsibilities and job description for the Loan Officer position at FMS Bank?
Commercial Loan Officer - Business Development
DETAILS
Pay: $80,000 – $120,000 (Depending on Qualifications and Experience) plus commission incentive program
Location: Greeley, Colorado
Position: Full Time, Salaried/Exempt, Full Benefits
Deadline for Applications: March 7, 2025
POSITION SUMMARY
Originates, manages, and supervises a large portfolio of commercial loans with the overall objective of maintaining and increasing its asset quality. Develops new and existing business relationships.
ESSENTIAL DUTIES AND RESPONSIBILITIES
· Takes applications for commercial loan business. Reviews customer financial condition and assesses the customer's ability to re-pay the loan. Makes underwriting decisions within approval authority. Completes or directs completion of all loan documents and closes loans.
· Participates in developing lending and deposit business for the company. Calls on clients to expand existing business; calls on prospects seeking opportunities to expand the company's client base.
· Monitors existing loan portfolio to maintain a high-quality asset base. Maintains up-to-date client files including current balance sheets, profit & loss statements, cash flow projections and all loan documentation.
· Assists in collection of past due loans.
· Assists customers with any loan-related questions and concerns.
· Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
EDUCATION / EXPERIENCE
· Minimum of 3-5 years in commercial lending/ business development experience focusing on fostering client relationships.
· Bachelor’s degree in Finance, Accounting, or related field preferred
BENEFITS
· 100% employer paid medical and dental insurance for employees and dependents
· Bank paid life insurance as well as short and long-term disability coverage for employees
· Company matches up to 5% in 401K Plan
· Annual bonus plan
· Great Place to Work Certified
· 11 Paid Bank Holidays
· Over 3 weeks of Paid Time Off for new employees
· Volunteer Paid Time Off Program
· Employee Assistance Program
· Access to career training and development opportunities and other employee discounts
ABOUT US
At FMS Bank, we are not your average bankers. We give generously to our local communities and are involved to improve the lives of our favorite customers: our neighbors. We are searching for folks that will be mission driven, collaborative, and highly motivated with a good work ethic and a desire to help people. FMS Bank is a locally managed independent bank striving to be recognized as one of the best places to work at in Colorado.
Job Type: Full-time
Pay: $80,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- 401(k) 5% Match
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Professional development assistance
- Vision insurance
- Wellness program
Compensation Package:
- Commission pay
Education:
- Bachelor's (Required)
Experience:
- Commercial Lending: 3 years (Required)
Work Location: In person
Salary : $80,000 - $120,000