Small town, about 40 minutes west of St Louis, 40 minutes east of Columbia
About our Company
Our bank is over 110 years old. With this distinction, comes great pride and fortitude. The bank has aided its surrounding communities and the people within, through difficult and sometimes devastating times. As a permanent fixture in the community in which it resides, we are a service-oriented, family owned and locally operated financial institution. We are proud of our many years of banking excellence that has been built by commitment to community service, loyalty to the employees who oversee day-to-day operations, and unchanging core values.
About this job:
As our Loan Officer you will originate, underwrite and close secured and unsecured personal, commercial and agricultural loans in accordance with all federal and state banking laws and regulations and established lending objectives, policies and procedures; establish and maintain positive relationships with existing and potential customers, by performing the following duties:
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Maintain educational and professional expertise by completion of relevant on-line or in-house training, and/or through attendance at job related seminars, conferences, and workshops.
Take loan applications, interview applicants and request specified information for loan applications; requests applicant credit reports, reference checks, and appropriate credit documentation to evaluate loan applications; analyze applicant financial status, credit, and property evaluation to determine feasibility of granting loan; and correspond with or interview applicant or creditors to resolve questions regarding application information.
Compile loan package and facilitate negotiations with applicants according to established standards, such as fees, loan repayment options, and other credit terms; ensure loan commitment/agreements are complete and accurate; assure timely loan closing and funding activities.
Prepare loan reviews and assign ratings in accordance with loan policy standards. Identify problem loans, describe deficiencies, summarize analysis and reasons for risk ratings.
Have experience in and assist with post origination classification of loan assets for accounting and regulatory reporting requirements.
Regularly report to Board of Directors, regarding new business/existing business
Provide assistance and consultation to loan officers, other lending personnel, auditors and regulatory examiners.
Manage portfolio of existing relationships to include obtaining up to date financial information and evaluating the continued credit worthiness of the borrower. Credits are to be properly risk rated involving management when material deterioration in the credit quality of the borrower occurs. This would include periodic meetings with the borrower to discuss their business and address positives and negatives identified in a review of the financial information. Additional purpose of client meetings would be to provide the opportunity to determine if the borrower would benefit from additional products and services offered by the bank.
Acquire and maintain knowledge, in order to comply, with all federal and state commercial lending laws and regulations necessary to perform commercial lending duties.
Utilize government programs when deemed necessary to meet customer's credit needs.
Maintain working knowledge of various types of loans to be held in the bank's portfolio, as well as maintain a good working knowledge of bank’s lending policies and procedures. Must have an eye for detail, and identify deviations from the policy.
Courteously assist customers with inquiries and information requests, and resolve complaints relating to loan products and services offered.
Participate in the collection procedures and processes to assure the timely collection of all delinquent accounts and develop revised loan repayment terms or schedules as necessary.
Establish and maintain positive working relationships with key partners (ie Realtors, Tax Professionals, developers, and builders, etc) and other organizations to provide information regarding our lending programs and policies.
Participate in the Bank's business development activities, represent the Bank in industry and professional associations, community organizations, local business groups, etc., and promote the Bank's favorable image.
Make frequent outside calls on clients and prospects to help grow our loan portfolio, and yours.
Strong computer and organizational development skills.
Ability to multi-task and consistently meet deadlines.
Must be able to work independently and be team oriented.
Here are some of the great benefits you will enjoy as a member of our team:
Opportunity to grow professionally
Personal paid time off and paid holidays, as eligible
401K, as eligible
Generous medical, dental, vision, life and disability insurance
Learning, development and growth opportunities
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability
Education and Experience
Bachelor's degree (B. A.) from four-year college or university in the field of business, including specific courses in accounting, finance, and economics plus additional training in financial statement analysis; or six to seven years banking experience and/or training; or equivalent combination of education and experience.