USDA Government Guaranteed Loan Officer

Overall Goals:

To promote stability, long-term profitability, and quality of Stone Bank’s loan portfolio through excellent relationship management. Maintain excellent relationships with Stone Bank personnel, particularly in the loan department. Promote the image of Stone Bank wherever and whenever possible. Promote a positive, cooperative, friendly, and professional attitude.

Job Requirements:

• Bachelor’s degree in finance, business or related field
• Minimum of 5 years of USDA business development.
• Excellent employee management & mentoring skills
• Sound knowledge of general lending policies and procedures, pertinent banking regulations, and employee development
• Excellent understanding and knowledge of lending products, services, and pricing.
• Promote an atmosphere of professionalism throughout the Bank’s lending function.

Specific Job Functions:

Responsibilities include, but are not limited to, the following:

• Seek quality lending opportunities for Stone Bank.
• Pre-qualify all opportunities for Stone Bank and work with Stone Bank USDA staff to package and underwrite all loan requests.
• Work directly with USDA as requested on all loan requests with Stone Bank.
• Staying up to date with all regulations within USDA.
• Ensure bank and regulatory policies are followed and adhered to.
• Review and assist lending personnel and other credit analysts to improve their preparation of credit or opportunity memos prior to submission as needed or requested.
• Attend weekly pipeline calls and keep all the team updated on all status updates.
• Promote a healthy, high-performance attitude within the Bank; promote the vision of the President and Chief Credit Officer.
• Although lending is the primary area of responsibility, wherever feasible, promote the image of the Bank or the positive attitudes of fellow Stone Bankers.
• Stay abreast of changing economic and industry trends and help facilitate these changes with lenders and in underwriting.

Specific Goals/Projects:

• Originate at least $25 million dollars annually of USDA Guaranteed loans.