Loan Officer

Job description

MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS: Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field, or equivalent experience and two (2) or more years of experience as a loan officer or loan officer trainee. JOB PURPOSE AND SCOPE: Recommends or approves loans in assigned territory within the limits of specific delegated authority. Develops and manages loan portfolios including loan originations in the trade area served by the association. Has some latitude for decision making; works under moderate supervision. ESSENTIAL FUNCTIONS: 1. Responsible for developing and marketing new business within their service area. 2. Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues. 3. Makes and services leases, loans for operating equipment and real estate, and offering other related services such as cash management products and crop insurances within delegated authority and in accordance with association policies. Makes and/or conveys decisions on loan approval, structure and pricing. Responsible for exercising credit risk management responsibilities on loans within area of respon...