Commercial Loan Officer

Why work for First Federal Bank? 

Our company culture is driven by our desire to serve our members and communities, something we have done for over 100 years. Along with doing meaningful work, enjoy perks and benefits that come along with being part of Idaho’s only mutual bank – no stockholders or majority owners, just our account members!

Eligible First Federal Bank employees receive paid vacation, sick leave, and holidays; health insurance, dental insurance, and vision insurance; 401(K) retirement; educational assistance; life insurance; and long-term disability insurance.

Employees also receive paid community service hours and can participate in our Pay-It-Forward program to give back to the communities we serve. In addition, the First Federal Foundation has provided over $1.4 million to local non-profits since 2003. For a meaningful job and to be part of a community-focused team, as well as much more, apply today at www.bankfirstfed.com/careers.

Ideal candidates will demonstrate the bank’s core values.

• Driven: Hard-working, self-motivated, and strives for excellence.
  Seeks opportunities to contribute, learn, and grow. Brings positive energy, initiative, and collaboration to help the team and Bank win.

• Dedicated: Committed to the success of colleagues, customers, and the Bank.
  Has a team-first attitude—caring more about the team’s success than personal recognition. Follows through on commitments and takes ownership for results.

• Engaged: Cares about their job and the Bank’s success.
  Energetic, curious, and focused on their work and the Bank’s mission. Collaborates with purpose and builds internal and external relationships.

Essential Responsibilities    

• Develops new business customer relationships for loan, deposit and other business banking services.
• Develops internal and external referral sources through centers of influence, participation in bank events and community activities. Always promotes favorable image of the bank in all business activities within the community.   
• Develops and maintain relationships with branch managers and related staff to facilitate a team environment and successful delivery and cross referrals of products and services.
• Actively manages customer account relations.
• Manages customer portfolios to maintain appropriate loan documentation and credit quality to retain desirable customer relationships.
• Manages large or complex commercial loans. Counsels loan customers on appropriate financing options and strategy when needed.
• Participates in new loan development programs, implementing changes and additions for improvements.
• Maintains and enhances information based on local, regional and national economics, as well as other concerns that would impact the bank’s lending activities.
• Evaluates potential customer loan requests and approves or denies loans within lending limits or makes recommendations to management.
• Negotiates credit terms such as costs, repayment methods and collateral specifications.
• Provides input in maintaining interest rate structure to be consistent with the banks policies and procedures and to be competitive with current market rates.
• Reviews new laws and regulations that influence business lending within the bank; makes recommendations to management when necessary.
• Performs assigned business development activities, such as to identify and call on new prospects; assist potential customers in answering questions, handling details necessary to establish new accounts, loan file documentation and other paperwork necessary to complete customer account files.
• Assesses the workflow process within the Commercial Lending Department and identifies/makes recommendations for improvement.

Qualifications Required

- A Bachelor’s degree in Business, Accounting or Finance, and

- 2 years of experience in Commercial Lending or closely related role.

Qualifications Preferred

- 3 years' experience as a Business/Commercial Banking Officer is preferred.