About This Role
Working as a Loan Officer, you will assist clients in obtaining loans for various purposes at the bank's Arthur, IL location. This role suits a professional who can manage and grow a loan portfolio while providing excellent customer service.
Responsibilities
- Develop, manage, and grow loans
- Maintain low loan delinquency and ensure no administrative past due loans
- Communicate timely and comprehensively with the supervisor concerning any credit experiencing stress
- Solicit new customers and negotiate rates and loan terms (for both new and renewal loans) in a competitive and price-sensitive environment
- Analyze customer credit applications, balance sheets, profit and loss statements, and cash flow projections to make sound loan decisions and predict future repayment capacity
- Make recommendations to the loan committee on new and renewal loans
- Coordinate with loan processors and underwriters to facilitate the loan approval process
- Maintain knowledge of current lending guidelines and regulations
- Provide exceptional customer service throughout the loan process, addressing any questions or concerns that may arise
- Participate as a member of various Bank committees as assigned
- Represent the Bank and provide leadership in key community activities and committees
- Complete required training associated with job function
- Perform related duties as assigned
Requirements
- Associate's Degree or related job experience is required
- 2 years of banking or related experience (Required)
- Thorough knowledge of Company
- High level of analytical skills to conduct loan analysis and maintain loan progress in consideration of market trends, credit/interest rates, economic conditions, and other factors
- High level of interpersonal skills to interact with customers and potential customers in a professional manner
- Adequate knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment
- Ability to commute to Arthur, IL 61911 (Required)
Nice to have:
- NMLS Number
- Notary License
Benefits
- Robust benefit package (requires 90 days of employment)
- Health Insurance
- Dental Insurance
- Vision Insurance
- Group Term Life Insurance
- Short Term Disability
- Long Term Disability
- Flexible Spending Account