Ag and Commerical Loan Officer in Alcester

JOB SUMMARY: 

Services an area of the agricultural, commercial, and consumer loan portfolios. Generates business for the financial institution by establishing new customer relationships and building existing relationships. Represents the institution at related community events.

ESSENTIAL DUTIES & RESPONSIBILITIES: 

• Evaluates the financial condition of individuals and businesses applying for credit with the financial institution by analyzing the credit history of applicants and determines their loan repayment capabilities.
• Prepares spreadsheets, reports, summaries and opinions for institution officers on new, renewal, and existing loans
• Reviews, rates and advises financial institution on approved loans when total assets extend beyond review limits
• Negotiates credit terms, such as costs, loan repayment methods and collateral specifications
• Notifies borrowers of overdue or irregular payments. Attempts to bring loan current. Analyzes applicant’s financial status and loan repayment ability
• Participates in the financial institution’s development of collection policies and procedures for foreclosure, credit for payment of delinquent accounts, and other default procedures. Reviews the delinquent loan status for the institution, contacting those delinquent account holders through telephone calls, letters, and personal visits. Gives direction for the loan assistants’ collection activities regarding workouts of loan payments on delinquent accounts, assisting in procedures when necessary

REQUIRED SKILLS/ABILITIES: 

• Excellent verbal and written communication skills
• Excellent interpersonal, customer service, and sales skills
• Extremely proficient with Microsoft Office Suite or related software program
• Thorough understanding of Federal Housing Authority (FHA), Veterans Affairs (VA), Federal National Mortgage (Fannie Mae), and other types of construction and conventional loans

EDUCATION AND EXPERIENCE:

• Bachelor’s Degree in Finance or Business Administration required
• Certification of any mandatory state loan officer training or licensing required

 PHYSICAL REQUIREMENTS & WORK ENVIRONMENT: 

• Prolonged periods sitting at a desk and working on a computer
• Must be able to travel at times
• Must be able to lift up to 15 pounds at times
• Must be able to talk and hear
• Required to use hands and fingers, to handle or feel
• Vision abilities required by this job include close vision
• The working environment is generally favorable with standard office equipment available. Lighting and temperature are adequate and there are no hazardous or unpleasant conditions caused by noise, dust, etc. The noise level in the work environment is usually moderate.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

This job description does not constitute an employment agreement. This job description is not intended to be and should not be construed as an all-inclusive list of the responsibilities, skills, or working conditions with the position.  While this job in intended to accurately reflect the position’s activities and requirements, management reserves the right to modify, add, or remove duties and assign other duties as necessary.