Business Banker

DACOTAH BANK; Minot (ND); 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

Job summary

Dacotah Bank in Minot, ND invites a seasoned commercial lending professional to manage a diverse loan portfolio for businesses and individuals. You will interview applicants, structure terms, monitor loan performance, and collaborate on large loans while pursuing new business opportunities.

Ideal candidates have strong credit/analytical skills, relationship-building ability, and proficiency with MS Excel, Moody’s underwriting, and Salesforce.

Qualifications

• Bachelor’s degree from an accredited four-year college or university and 2+ years of experience in community banking or an equivalent combination of education and experience.
• Strong interpersonal skills with emphasis on relationship building both internally and with clients and prospects.
• Strong credit/analytical skills.
• Highly detail oriented.
• Highly developed communication skills including the ability to write clear and concise credit correspondence.
• Capability to manage various relationships independently and proactively and effectively manage multiple priorities.

Responsibilities

• Perform full range of commercial lending duties in accordance with Bank policies and regulatory requirements.
• Direct and participate in establishing lending goals and implement policies and programs.
• Monitor portfolio performance and adjust lending practices to meet ROI and customer service goals.
• Identify markets and develop plans to target loan opportunities.
• Assist in collections and negotiate revised loan terms as needed.
• Represent the Bank in industry and community groups to promote lending services.

Skills

Confidentiality

Oral & Written Communication

Time Management

Loan Terminology

Business Ethics

Education

Bachelor's degree in Business/Finance

Tools

MS Excel

MS Outlook

Moody’s underwriting

SalesForce

Job description

Job Summary

Makes and services a wide variety of business and individual loans, both secured and unsecured. Attends to the needs of customers seeking loans on terms that may involve unsecured funds and/or credit secured by mortgages or other collateral. Interviews applicants to develop information concerning their businesses, needs, desires, abilities, and earnings to determine whether a loan may be an acceptable risk. Makes decisions on loans and terms within established lending limits, or makes recommendations to a supervisor. Participates with management on larger loans. Keeps informed as to the status of loans in the department. Follows current loans to ensure complete compliance with terms. Gives financial advice and counsel to customers and prospective customers. Studies industrial, commercial, and financial situations relating to new or existing businesses as requested. Makes recommendations on financial and organization structure, locations, and other matters on which the company may have information. Calls on potential or existing customers to develop new business and increase or retain existing business.

Primary Accountabilities

• Perform full range of commercial lending duties of lending as described in the job summary including complete adherence to all policies and practices of the Bank and its applicable regulatory and governmental agencies.
• Direct and participate in the establishment of lending (and leasing) goals in compliance with overall Bank growth and profitability objectives; develop and, upon approval, implement lending/leasing policies, programs, and operating plans to assure the achievement of established Bank goals and objectives;
• Participates in the development of Bank goals; as requested, provide input, where appropriate, in the formulation of goals, policies and programs.
• Continuously monitor and evaluate the overall effectiveness of the lending and leasing functions against established performance standards; identify specific problems and trends and other occurrences which require clarification or correction and develop and apply appropriate corrective strategies.
• Continuously analyze and evaluate portfolio performance and appraise commercial lending policies and practices in light of established return on investment (ROI) and customer service goals, and changing economic conditions.
• Keep abreast of pertinent market and regulatory developments and identify current and potential lending markets; develop and implement plans and programs to respond to those developments and target desired loan markets.
• Monitor and participate in the collection efforts to assure the timely collection of all delinquent accounts as needed, and in collecting seriously delinquent loans or in developing revised loan repayment terms or schedules.
• Establish and maintain positive working relationships with local businesses and other organizations to provide information regarding the Bank's programs and policies, work at developing marketing plans and programs to increase the business community's awareness of the Bank's lending services and attract new loan customers, participate in the Bank's Calling Program to achieve the Loan Department's marketing objectives.
• Participate in the Bank's business development activities; represent the Bank in industry and professional associations, community organizations, local business groups, etc., and promote the Bank's favorable image.

Secondary Accountabilities

• Provide assistance to co-workers with customer inquiries or problems. Ensure prompt and courteous response.
• Assist in establishing goals for their areas and implementation of same as necessary.
• 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.
• Keep abreast of new developments and trends in the commercial 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 commercial 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

• Bachelor’s degree from an accredited four-year college or university and 2+ years of experience in community banking or an equivalent combination of education and experience.
• Strong interpersonal skills with emphasis on relationship building both internally and with clients and prospects.
• Strong credit/analytical skills.
• Highly detail oriented.
• Highly developed communication skills including the ability to write clear and concise credit correspondence.
• Capability to manage various relationships independently and proactively and effectively manage multiple priorities.
• Ability to advocate persuasively.
• Ability to learn and multitask efficiently.
• Proficient with technology including MS Excel, MS outlook, Moody’s underwriting, and SalesForce.

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

Maintain Confidentiality Expert

Oral and Written Communication Advanced

Time Management Advanced

Advanced

Loan Terminology Advanced

Business Ethics Advanced

Behaviors

Required

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

Thought Provoking : Capable of making others think deeply on a subject

Detail Oriented : Capable of carrying out a given task with all details necessary to get the task done well

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

Bachelors or better in Business Finance or related field.

Experience

Preferred

5-7 years: Lending/Loan Experience

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.