Loan Officer

QUALIFICATIONS:

• Bachelor’s degree in business, Finance or related field or equivalent experience.
• Minimum of 5 years’ experience as a FSA Lender with a proven track record.
• Extensive ability to read, analyze and interpret government regulations, trade journals and legal documents. Ability to respond to common inquiries from regulatory agencies, courts, and outside consultants.
• Knowledge of all financial institution lending policies and procedures.
• Superior analytical skills and ability to convey complex lending and financial information to both Borrowers and Management.
• Excellent interpersonal and oral communication skills.
• Ability to write routine reports and business correspondence.
• Ability to effectively present information and respond to questions from Management, Customers, the General Public and/or the Board of Directors.
• Time management.
• Strong leadership skills.
• Proficiency in Microsoft Office, especially Word and Excel.

ESSENTIAL JOB DUTIES:

• Analyzes the financial history of applicants to determine the general credit worthiness of the applicant and the merits of a specific loan request.
• Maintains continuing contact with assigned customer accounts to grow, cultivate and develop the current customer base and maintain a mutually beneficial relationship.
• Manages loan requests and maintenance to the customer’s expectations.
• Negotiates credit terms, such as costs, loan repayment methods and collateral specifications.
• Monitors loan repayment activities, the collection of past due accounts and credit and collateral deficiencies.
• Develops and maintains interest rate structure to be consistent with financial institution policies and procedures, and to be competitive with current market rates.
• Evaluates potential customer loan requests and makes loan recommendations to Management.
• Markets and cross-sells products and services that will be beneficial to existing and potential customers, including but not limited to, Treasury Management products.
• Adheres to loan policies and procedures with complete documented files to ensure satisfactory reviews from internal and external audits.
• Adheres to business professional conduct and code of ethics with compliance to securing customer information and maintaining high standards of confidentiality.
• Attends committee meetings and conference calls relating to lending functions as requested by Senior Management.
• Attends on-site customer visits to monitor business and/or company progress.
• Participates in community affairs to increase the Bank’s visibility and to enhance new business opportunities.
• Reviews new laws and regulations that influence business lending within the financial institution; makes recommendations to Management when necessary.
• Develops new customer prospects and business for the financial institution.
• Performs other duties as assigned.

PRINCIPAL CONTACTS:

• New and existing customers.
• All Employees

PHYSICAL CHARACTERISTICS:

• Job Environment: Private office. Must be able to travel on day trips to the various branches.

• Equipment Used: Computer and Printer, Telephone, Fax, Copier.
• Physical Criteria: Sitting for extended periods of time, bending, lifting 5-10 Pounds. Must be able to adequately hear and verbally communicate with customers, both face-to-face and over the telephone.