Agricultural Banker

Minnesota Bankers Association; Morris (MN); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Health & dental insurance

Life insurance

Paid vacation

Paid sick time

Retirement plan

Additional perks

Job summary

Dacotah Bank in Morris, MN is seeking an Agricultural Banker to join our team. This role will originate, underwrite and close agricultural loans, building strong relationships with farm customers and local lenders.

Under supervision, you will analyze financials, determine creditworthiness, and guide loans through closing while ensuring compliance with bank policies. The position offers competitive pay and benefits.

Qualifications

• Experience with agricultural lending and credit analysis.
• Strong communication and interpersonal skills for customer interactions.
• Analytical, organizational and time management abilities.
• Clear written communication and proofreading skills.

Responsibilities

• Originate, underwrite and close agricultural loans in line with lending policies.
• Receive and screen loan applications, request references, conduct site inspections and order appraisals.
• Communicate loan decisions and rationale to applicants, ensure proper documentation.
• Monitor ag loans and identify delinquent accounts, initiating corrective actions.
• Participate in lending calls to develop relationships with customers and partners.

Skills

Credit analysis

Customer relationship

Verbal communication

Written communication

Problem-solving

Education

College education with Ag lending courses

Job description

Agricultural Banker

Dacotah Bank

4 Atlantic Ave, Morris, MN 56267

Dacotah Bank is seeking an Agricultural Banker to join our team in Morris, MN.

Under the direction of the incumbent’s manager, responsible for origination, underwriting and closing secured and unsecured Agricultural loans in accordance with established lending objectives, policies and procedures; establish and maintain positive relationships with existing and potential agricultural customers and other financial institutions.

Primary Accountabilities

• Perform full range of duties pertaining to the credit function, including, but not limited to agricultural loans and leases, in support of overall loan department objectives and in accordance with established lending policies and practices.
• Receive and screen loan applications; request credit status, banking and other references, conduct on-site inspections, order appraisals, etc.;
• Correspond with or interview applicant or creditors to resolve questions regarding the application;
• Analyze applicant's financial status, credit and property evaluation to determine feasibility of granting loan request;
• Approve loan within specified limits;
• Refer larger loan requests to loan committee for approval;
• Communicate loan decision to applicants, including rationale for decisions, and assures necessary supporting documents are prepared.
• Review and evaluate customer applications for lines of credit or lines of credit extensions; authorize or recommend the approval of applications in accordance with established guidelines and policies.
• Direct and participate in the closing of approved Ag loan agreements; ensure that all required closing documents are prepared and processed.
• Monitor and review assigned ag loans on a regular and continuing basis; identify problem or delinquent loan accounts or those having an adverse impact on Bank profitability; initiate appropriate corrective actions on delinquent accounts on a timely basis;
• Complete criticized asset action plan form; refer problem accounts to superior as required or needed.
• Participate in the Bank's Lending Call Program to establish and maintain contacts with businesses, realtors, developers and other potential loan customers and provide information regarding lending programs and services.

Secondary Accountabilities

• Keep abreast of new developments and trends in the ag loan market; identify potential lending opportunities and participate in the development and implementation of plans and programs to respond to these opportunities.
• Participate in the establishment of lending goals and profitability objectives and in the development and implementation of policies and procedures to assure the achievement of those goals; recommend new policies or policy revisions as necessary to improve efficiency and control.
• Provide assistance to co-workers with difficult internal problems or customer inquiries or problems. Ensure prompt and courteous response to customer inquiries.
• Assist in the development of manuals and supporting documentation to accomplish tasks/duties inherent in this position.
• Maintain education and professional expertise through attendance at job related seminars, conferences and workshops and involvement in professional civic and community groups in leadership positions.
• Perform other duties as assigned. Utilizes government programs when deemed necessary to meet customers credit needs.

Education & Experience

• Knowledge, skill and mental development equivalent to the completion of a college education, which includes specific courses in Ag lending, agri-business, and communications.
• Good verbal communication skills as evidenced by the ability to interact both face-to-face and over the telephone with customers and co-workers. Demonstrated ability to use tact, diplomacy, and a "professional" personal appearance, when dealing with customers and co-workers.
• Analytical (statistical), organizational, time management, and problem-solving ability.
• Good written communication skills. Good proof reading and editing skills.

About Us

Dacotah Bank offers a competitive salary and exceptional benefits package

• individual and family coverage health and dental insurance premiums 100% paid for by Dacotah Bank
• life insurance for employee and family
• paid vacation
• paid sick time
• retirement plan options
• additional perks

Dacotah Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities