What are the responsibilities and job description for the Ag/Commercial Loan Officer position at First United Bank?
TITLE: Ag/Commercial Loan Officer
DEPARTMENT: Loan
REPORTS TO: Market President
JOB SUMMARY: The Commercial/Ag Loan Officer will be responsible for generating new business, managing a portfolio of commercial and agricultural loans and ensuring compliance with lending policies and regulations.
MAJOR RESPONSIBILITIES:
· Develop and maintain relationships with new and existing Commercial and Agricultural customers to understand their financial needs and objectives.
· Communicate with customers to explain loan products, terms and conditions.
· Analyze financial statements, credit reports and other relevant information to assess the creditworthiness of loan applicants.
· Structure and present loan proposals to the Loan Committee for approval.
· Negotiate loan terms and conditions with customers, ensuring alignment with company policies and Risk Management.
· Monitor the performance of the loan portfolio, identify and address any potential risks or delinquencies.
· Stay informed about market trends, industry developments and competitor offerings to identify new business opportunities.
· Develop new business by calling on existing and potential customers. Cross-selling Bank services as appropriate.
· Additional duties may be assigned from time to time which are deemed to be within the employee's capabilities.
Community Involvement & Collaboration
- Represent the Bank positively within the local community through participation in branch-level events and activities.
- Support community outreach efforts and reinforce the Bank’s commitment to local relationships.
PREFERRED SKILLS:
· Ability to exercise sound judgment and to observe the highest degree of confidentiality in the handling of information.
· Strong understanding of Commercial and Ag lending products, credit analysis and risk assessment.
· Excellent interpersonal and communication skills, with the ability to build and maintain strong customer relationships.
· Thorough understanding of Bank products and services.
· Professional demeanor in appearance, interpersonal relations, work ethic and attitude.
· Ability to adhere to Bank policies and procedures.
QUALIFICATIONS:
· Bachelor’s degree in a business field of study.
· 3 – 7 years experience in commercial and or agricultural lending.
PHYSICAL REQUIREMENTS:
· Ability to sit for extended periods of time.
· Occasional lifting of files or materials up to 20 lbs.
· Ability to review detailed documentation on computer screens.
Job Type: Full-time
Benefits:
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Referral program
- Vision insurance
Compensation Package:
- Bonus opportunities
Work Location: In person