Loan Officer

To solicit new lending relationships and to evaluate and administer a portfolio of commerical loans.

• Follow Stone Banks mission statement and values of do things right!
• 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 in order 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, Home Mortgage, Government Guaranteed lending, and general depository 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.

Required Qualifications

• Bachelor’s Degree in Business, Finance or related field or sufficient current role experience.
• 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, Lending Committee and/or the Board of Directors.
• Time management.
• Strong leadership skills.
• Proficiency in Microsoft Office, especially Word and Excel.

PRINCIPAL CONTACTS

• New and existing customers.
• All Employees

PHYSICAL CHARACTERISTICS

• Job Environment: Private Office. Must be able to travel to meet customers
• Equipment Used: Calculator; Computer and Printer; Telephone; Copier
• Physical Criteria: Sitting for extended periods of time; bending; lifting 5 to 10 pounds. Must be able to adequately hear and verbally communicate with customers, both face-to-face and over the telephone. Office location may require the ability to ascend/descend stairs and walk from the parking lot from the building.