Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Job Description:
SUMMARY
The Loan Officer is responsible for marketing, new loan growth and the extension of sound constructive credit to borrowers and prospective borrowers.
RESPONSIBILITIES/DUTIES
- The essential functions of the position include, but are not limited to:
- Actively marketing for new loan customers
- Securing, processing and approving a wide variety of land and agriculturally related loan transactions
- Supervising and servicing an existing loan portfolio
- Attending various farm and farm-related meetings sponsored by First South Farm Credit and other organizations
- Promoting good customer relations
- Performing additional duties, as required, to meet business requirements
- Meeting the requirement of daily attendance on the job for a full, continuous 8-hour shift
REQUIRED EXPERIENCE
Bachelor's Degree in Business, Economics, Finance or Agriculture discipline or equivalent education/experience is required .
Must possess strong analysis, judgment and communication skills (both oral and written). Excellent problem solving and teamwork skills required, including ability to be assertive and decisive in making sound business decisions.
PREFERRED EXPERIENCE
Prefer experience in management of an agricultural production loan portfolio or related practical experience, including Farm Credit experience.
DETAILS
Salary will be commensurate with experience and performance.
NOTE: Travel is required for this position.
Clear All
0 Lending Officer jobs found in Montgomery, AL area