Agricultural Banker

DACOTAH BANK; Webster (SD); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Health Savings Account

Life Insurance

Paid Vacation and Sick Time

Retirement Plan Options

Additional Perks and Benefits

Job summary

Dacotah Bank in Webster, SD is seeking an Agricultural Loan Officer to originate, underwrite and close secured and unsecured ag loans in accordance with bank objectives and policies. You will build and maintain relationships with agricultural customers and other financial institutions.

Responsibilities include evaluating credit, coordinating appraisals, processing loan approvals within limits, and guiding customers through closing documents while monitoring loan performance and profitability for

Qualifications

• Loan experience preferred but not required.
• Bachelor's degree in business, finance, accounting or related field with ag lending focus.
• Good verbal communication skills in person and over the phone.
• Analytical, organizational, time management and problem-solving ability.
• Good written communication and proofreading skills.

Responsibilities

• Originate, underwrite and close ag loans per policies.
• Screen loan applications, request references, inspections and appraisals.
• Communicate loan decisions and rationale to applicants.
• Analyze financial status and credit to determine feasibility of loans.
• Monitor loans and address delinquencies; refer to loan committee as needed.
• Close approved ag loan agreements and prepare closing documents.

Skills

Oral & Written

Highly Organized

Analytical

Customer Service

Business Ethics

Identify Loan Docs

Maintain Confidentiality

Education

Bachelor's degree in Ag Banking and Finance or related field

Job description

Job Summary

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.

Essential Functions

• 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.

Other Functions

• 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. Utilize government programs when deemed necessary to meet customers credit needs.
  

Education & Experience

• Loan Experience preferred but not required
• Knowledge, skill, and mental development equivalent to the completion of a college education (incumbent will typically have bachelor’s degree in business, finance, accounting or business-related degree), 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 professionalism when working with customers and co-workers.
• Analytical (statistical), organizational, time management, and problem-solving ability.
• Good written communication skills.Good proof reading and editing skills.

We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including:

• Health Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
• Dental Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
• Health Savings Account
• Life Insurance for the employee and family
• Paid Vacation and Sick Time
• Retirement Plan Options
• Additional Perks and Benefits

Qualifications

Skills

Required

Oral and Written Communication Advanced

Highly Organized Intermediate

Analytical Intermediate

Customer Service Advanced

Business Ethics Advanced

Ability to identify loan documents Advanced

Maintain Confidentiality Expert

Behaviors

Required

Loyal : Shows firm and constant support to a cause

Dedicated : Devoted to a task or purpose with loyalty or integrity

Team Player : Works well as a member of a group

Motivations

Required

Self-Starter : Inspired to perform without outside help

Ability to Make an Impact : Inspired to perform well by the ability to contribute to the success of a project or the organization

Education

Preferred

Bachelor of Science or better in Ag Banking and Finance or related field.

Experience

Preferred

1-3 years: Bank/Ag Lending Experience or equivalent education in loan transactions, procedures and policies (preferred but not required).

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.