Loan Officer I

Description

The Lending Officer is responsible for business development, originating and servicing Consumer/Commercial/Mortgage/BaaS loans in accordance with Lead Bank policies and procedures.  

Essential Functions

• In collaboration with Credit Underwriting, produce quality credit applications/annual reviews for use by various Approval   Authorities (Internal and External)

• Obtain necessary underwriting information to evaluate various types of credit requests.

• Analyze the credit history of applicants and determine their loan repayment capability

• Negotiate credit terms such as costs, loan repayment methods, loan structures, covenants and collateral specifications in accordance with Lead Bank lending policy and procedures

• Implement and maintain interest rate structure and fees to be consistent with risk associated with customer

• Review new laws and regulations that influence lending within the financial institution

• Develop new customer prospects and business for Lead Bank

• Serve and develop current customer relationships through a combination of personal interaction, site visits, ongoing contact and use of digital tools to meet customers’ needs.

• Analyze and review customer needs and build a complete financial relationship beyond basic loan requests to include Lead Bank relationship partners.  Relationship development and referral to include deposit and transactional services, digital access and informational technologies and  business knowledge services.

• Utilize written, digital and oral communication skills and resources to relay and acquire information to and from customers

• Develop and maintain a positive professional image for Lead Bank 

• Provide support for bank sponsored events to promote all bank services

• Seek out and develop opportunities to provide collaborative service for Clients across departments and functions

• Assist with Underwriting / Approving Loan Requests when needed

• Understand and follow applicable laws and regulations for job responsibilities including but not limited to: Lead Bank Loan Policy, Conduct Policy, Bank Secrecy Act, Information Security, and Suspicious Activity reporting requirements

• Originate Secondary Mortgage loans complying with third party underwriting and conditions.

• Review, evaluate and approve loans submitted through BaaS relationships as needed.

• All other duties as assigned

Competencies: 

• Building relationships, both internal to the bank, as well as with clients 

• Professional communication skills

• Treat all client data with confidentiality

Physical Demands

• Regular requirements:

o Sit

o View computer monitors

o Talk

o Hear

o Stand

o Walk 

o Use hands to type / handle / feel

o Reach with hands & arms

• May be required:

o Lift up to 20 lbs.

Requirements

 • Proficiency with Microsoft Office product suite (Excel; Word; Outlook)

 • Minimum of two years lending experience

*Lead Bank is proud to have an inclusive culture committed to ensuring equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

*Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.