What are the responsibilities and job description for the Loan Officer position at Northwestern Bank?
Northwestern Bank, a proud member of several west-central and central Wisconsin communities since 1904, is currently seeking a full-time Commercial/Ag Loan Officer for our Thorp, Cornell and Boyd communities.
Job duties include:
- Assists customers through the loan process, answering questions they may have, explaining loan options available to them and associated costs, assisting in the completion of loan applications, gathering all pertinent information necessary, preparing cash flows, calculating key financial ratios, communicating with appraisers, verifying customer information, following bank policy when approving or rejecting loans, representing loan applications to the Loan Committee when they are above loan limit, presents completed loan documents to customers and discusses approval/disapproval of loan and loan terms and conditions with customers.
- Works closely with senior lending management members and Credit Analysts to gain an understanding in order to make sound financial decisions.
- Develops relationships with prospective customers, representing Northwestern Bank at business, trade, charity, civic and social events.
- Informs customers of other bank products and services available to them.
- Maintains current loan information files, prepares letters and notices relating to installment loans, works closely with customers who may be delinquent in payments.
- Stays informed on lending laws, rules and regulations, recommends loan policy changes as needed.
Requirements
The ideal candidate for this position will have at least 2 -3 years of previous commercial and agricultural lending experience, will have a friendly and outgoing personality, strong leadership, organizational, interpersonal and communication skills, will be detail-oriented and able to multi-task in a fast-paced environment and will exemplify our Core Values of deliver an exceptional experience, shine through service, lead with integrity, create positive impact, and foster genuine relationships.
Benefits
Northwestern Bank offers the following:
- Competitive Pay
- Generous 401K plan
- Health, Dental, Vision, Life, and Long-Term Disability Insurance
- Incentive Bonus program
- Paid Vacation, Holiday, and Sick time