Loan Workout Officer jobs in Saint Cloud, MN

A Growth Opportunity with Citizen’s Alliance Bank!

Position Summary:

This position will be responsible for managing an existing loan portfolio, developing new business, underwriting, structuring, and closing loans in accordance with the Bank’s established policies and procedures.  The Loan Officer must exercise sound judgment in the loan making process. This position will have extensive customer contact and will be responsible for all operational aspects for consumer, agricultural, or commercial loans. This position is responsible for abiding by and keeping up to date on the Bank’s lending policies, as well as State and Federal lending regulations. 

The level of this position is based on years of service, education and/or equivalent experience, knowledge level and skill set.

Essential Functions: 

To perform this job successfully, an individual must be able to perform each Essential Function and Skill satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

1. Demonstrate excellent written and verbal communication skills.
2. Knowledge of the regulations governing consumer and 1–4 family lending practices.
3. Innovative outlook to drive continual progress and retention.
4. Process consumer loan transactions and aid on transaction inquires.
5. Analyze financial statements, cash flows, pay records and tax returns.
6. Present credits and loans for approval to the appropriate authority as required.
7. Be pro-active in obtaining new consumer and 1–4 family residential loan customers for the Bank.
8. Demonstrate the ability to prioritize workload.
9. Receive consumer and 1 – 4 family loan applications and approve or reject loan requests in accordance with loan policies and procedures.
10. Obtain and maintain a working knowledge of regulatory requirements as they relate to safety and soundness, compliance, and operations.
11. Develop referral networks, suggest alternate channels, and cross-sell products and services to accomplish the Bank’s goals.
12. Service loan portfolio to ensure documentation requirements are met.
13. Assist co-workers as needed.
14. This position requires a valid Driver’s License.
15. Demonstrate a strong commitment to customers and the Bank.
16. All employees are expected to exemplify and follow our core values.
17. Regular attendance and punctuality when reporting to work.
18. Travel for trade and industry schools and seminars as needed.
19. This position may require installation of a Multi-Factor Authentication (MFA) app on an employee’s personal mobile device. THE MFA apps are used to authenticate a user’s identity to the system for security purposes.
20. Adhere to and comply with all applicable, federal, and state laws, regulations, and guidance, including those related to BSA/AML, as well as adhere to the Bank’s policies and procedures.
21. Perform other duties as assigned and requested.

Core Values

Humility - We are “blue-collar bankers”. We are relatable, down-to-earth people who greet our smallest customer the same way we greet our largest.

Respectful, Genuine Care for Others - We care about each other, we care about our customers, and we care about our communities.

Finds A Way - This simply put, is nothing more than attitude. It’s a can-do spirit, a desire to help, to contribute, to go above and beyond, and to make a difference.

Effort - We expect a lot of ourselves and hold ourselves to a high standard. We are not entitled, and we need to earn it from our customers and each other every day.

Owning-It - Owning-It or Accountability is a big word that can encompass a great many things. For Citizens Alliance Bank, it’s about ownership. When an employee says they will do something, they follow through and get it done.

Education and Experience:

Required - High School diploma or GED, etc. 

Required - Continuing Education to maintain job knowledge.

Required - Three to Five years of banking experience.

Preferred - Three to Five years of customer service experience.

Preferred - Proficiency in Microsoft Suites.

The employer has the right to revise this position description at any time. The position description is not a contract for employment.

Citizens Alliance Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual preference or orientation, gender identity, gender expression, national origin, disability, veteran status and all other protected classes.

Citizens Alliance Bank prides itself on its core values, which are humility, respect, genuine care for others, finds a way, effort, and owning it.