What are the responsibilities and job description for the Loan and Business Development position at First Southern National Bank?
About Us
First Southern National Bank is a community and relationship-driven bank serving twelve counties throughout Central and Western KY. Our home office is based in Stanford, with a population of 3,000. Having served our customers for over 40 years, our passion for building a great company has never been stronger. We recognize that we have been given an opportunity to use our example, our influence, and our resources to help others make wise financial decisions, and our desire is to do just that.
Position Summary
The Loan and Business Development position develops and services new and existing relationships under the leadership and direction of the Community President. This position proactively works inside the office and out in the community to increase the bank’s core loan and deposit portfolios in accordance with underwriting and relationship pricing guidelines.
Key Responsibilities
- Know the bank’s loan, deposit, and other product and service offerings and effectively explain them to prospects.
- Manage all credit relationships in a professional manner and in timely compliance with bank and regulatory standards.
- Maintain community involvement to increase the bank’s visibility and develop new business relationships.
- Cure all identified credit and collateral exceptions.
- Continually monitor customers’ financial condition and repayment progress – including daily monitoring of delinquencies and significant overdrafts.
- Counsel delinquent loan customers, considering possibilities and agreeing upon a specific resolution path.
- Support and comply with all applicable laws, regulations, and bank policies and procedures.
- Other duties as assigned.
- Bachelor’s degree in business, finance, or a related field is preferred.
- Three to five years of lending, sales, or similar experience.
- Excellent communication and interpersonal skills.
- Dependable and a self-starter.
- Strong analytical and organizational skills.
- Local residency, education, employment, public and community service, and other local market involvement are a strong plus.