Job Opening: Loan Officer
- Company
- RIVER BANK
- Location
- TOMAH, WI
- Posted on
- May 11, 2024
JOB REQUIREMENTS: Duties and Responsibilities: 1.Develop new client
relationships, on a proactive basis, from phone contacts, walk-in
traffic and client referrals. 2.Meet with applicants to obtain
information for loan applications and to answer questions about the
process. 3.Collect and analyze applicants\' financial status, credit and
property evaluations to determine the feasibility of granting loans.
4.Establish and negotiate when necessary the terms under which credit
will be extended, including the costs, repayment method and schedule,
and collateral requirements. 5.Complete client loan write-ups to support
lending recommendation and approve loans to the extent of personal
lending authority and/or recommend loans for approval based on River
Bank\'s loan policy and procedures. 6.Monitor the quality of loan
portfolios on a continuous basis through loan repayments, deposit
activity and financials, and take necessary action to collect from past
due accounts. 7.Ensure all changes and proper documentation are in the
assigned files and that follow-up ticklers and reports are completed to
minimize exposure and loss to River Bank. 8.Review and update credit and
loan files. Ensure compliance to law and River Bank\'s loan policies in
regards to loan collateral evaluation, credit quality (risk rating),
compliance to your lending limits and supporting documentation.
9.Provide adequate information for future loan losses for loan portfolio
and ensure all actions are taken to protect River Bank\'s assets and
minimize losses. 10.Work with and cooperate with Credit Analysts and
Loan Processors to promote strong working relationships. 11. Sell
additional products/services by clarifying customer needs, validating
services being delivered, presenting features and benefits, and closing
by asking for their business. 12. Make referrals as appropriate. 13.
Handle customer complaints and take appropriate action to resolve them.
14. Be aware of and support the Bank\'s efforts in meeting the Community
Reinvestment Act (CRA). 15. Other duties as assigned. ***** OTHER
EXPERIENCE AND QUALIFICATIONS: Desired Knowledge, Skills and
Abilities: 1. Excellent communication, interpersonal and organizational
skills. 2. Knowledge of financial statement analysis and generally
accepted accounting principles. 3. Knowledge of loan policy, business
lending guidelines and loan structure and loan documentation. Position
Requirements: 1. Bachelor\'s Degree in Accounting, Finance, Business or
a related field is preferred. 2. A minimum of 3-4 years of professional
commercial banking experience. Work Environment/Physical Demands: Work
is performed largely in an office environment, during normal business
hours. Deadline pressure is an integral part of the job. Regular mental
and visual concentration for computer usage and reading complex and
technical compliance information is required. Position will alternate
between walking, sitting, standing, stooping, bending, and occasional
lifting up to 15 pounds of office supplies and/or documents throughout
work shift. ***** APPLICATION INSTRUCTIONS: E-Mail a Rsum:
application@riverbank.biz