Commercial Loan Officer

Working at The Bank of Missouri

At The Bank of Missouri we know it takes great people to support the communities we serve! We are passionate about caring for people and communities, and know how to recognize and reward our employees for their talent and contributions. When you work at The Bank of Missouri, you not only get to help others, but you also get the resources, opportunities and support to grow your own career.

About our Company

Staying in business for more than 125 years is hard. Really hard. If you think about it, we’ve endured many events, like the Great Depression and two World Wars. We’ve survived and thrived, thanks to our great customers and communities. We were founded on core values of accountability, community service and financial conservatism. Those principles are the reason we are still in business today. Caring for people and communities is our foundation! 

We’ve built a reputation of being financially secure and community focused. We are an independent community bank and fully intend to stay that way. We are big enough to accommodate any financial need, yet small enough to give every customer the personal treatment they deserve.

About this job:  

As a Commercial Loan Officer you will Originate, underwrite and close secured and unsecured 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; refers loan to underwriting for approval when required; ensure loan commitment/agreements are complete and accurate; assure timely loan closing and funding activities.
•  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.
• 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 loan businesses and other organizations to provide information regarding the 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.

Education and/or 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.

Here are some of the great benefits you will enjoy as a member of our team:

• Competitive Salary
• Personal paid time off and paid holidays, as eligible 
• 401K and Employee Stock Option Plan, as eligible
• Generous medical, dental, vision, life and disability insurance
• Fitness reimbursement
• Learning, development and growth opportunities

The Bank of Missouri is 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.