Business Banker

American Bank & Trust AB; Sioux Falls (SD); On-site; USD 50,000 - 70,000; Full time

Job summary

American Bank & Trust AB in Sioux Falls is seeking a dedicated professional to manage customer relationships and maximize satisfaction while ensuring compliance with lending policies. The role involves negotiating loan agreements and maintaining asset quality, with a focus on business development and community engagement.

Ideal candidates should hold a Bachelor's degree in Finance or related fields and have 2 to 5 years of experience in lending. The position requires strong communication skills and a proactive approach to relationship building.

Qualifications

• 2-5 years lending and credit analysis experience preferred.
• Ability to assess and develop solutions for unusual situations.

Responsibilities

• Maintain customer portfolios and maximize relationships.
• Facilitate negotiations on loan agreements and terms.
• Represent the bank in community and professional organizations.
• Collect delinquent accounts as per bank procedures.

Skills

Strong communication skills

Knowledge of lending regulations

Ability to interact with customers

Resourceful and innovative

Strong ethical focus

Education

Bachelor’s degree in Business, Finance or Accounting

Job description

PRIMARY RESPONSIBILITIES AND ACCOUNTABILITIES

• Maintains a portfolio of existing customers and maximizes relationships to build customer satisfaction and confidence in the Bank. Gathers and oversees compilation of all needed information for loan. Works in tandem with Credit Administration and Credit Analyst to request appraisals, applicant credit reports, background checks, reference checks, and other information pertinent to evaluation of loan application. Corresponds with or interviews applicant or creditors to resolve questions and negotiate agreements/terms.
• Actively involved in maintaining business relationships with the bank, and fostering business development, while keeping informed of trends that may impact the bank, including legal, regulatory, and economic issues.
• Maximizes new and existing customer relationships by cross selling key deposit/fee income products/services as customer needs dictate.
• Maintains the asset quality of the loan.
• Communicates with Market President on a regular basis on community activities and others on operational and/or lending issues as needed.
• Facilitates negotiation with customer, both new and existing, according to established standards, such as fees, loan repayment options, and other credit terms. Refers and/or presents credit proposals to loan committee for approval in excess of individual loan approval. Ensures loan agreements are complete and accurate according to policy. Assures timely loan closing and funding activities. Coordinates proper loan documentation and loan files with Banking Assistant.
• Seeks networking opportunities with valuable third‑party associates and potential clients through community activities, professional organizations, educational workshops and seminars, charitable organizations, and economic and community development organizations (local Chambers, economic development councils, etc.). Networking is acceptable during social situations as long as a high level of professionalism and appropriate decorum is maintained. Networking is also encouraged with the use of LinkedIn or other approved Social Media outlets. Networking opportunities, when utilized properly, will aid in business development.

SECONDARY RESPONSIBILITIES AND ACCOUNTABILITIES

• Represents Bank in industry and professional associations, community organizations, local business groups, etc., and promotes Bank's favorable image.
• Collects delinquent accounts in timely manner within bank procedures/processes. Develops/ negotiates revised loan repayment terms/schedules as necessary.
• Remains knowledgeable and abreast of guaranteed government loan programs and other conventional financing mechanisms as vehicle for customers.
• Compliance with bank policies and procedures and federal and state laws.
• Other duties as may be assigned.

ROLE QUALIFICATIONS

EDUCATION

• Bachelor’s degree in Business, Finance or Accounting, or equivalent combination of education and experience

EXPERIENCE

• A minimum of 2‑5 years lending and credit analysis experience within a financial institution environment preferred.

OTHER SKILLS AND ABILITIES

• Strong communication skills, both written and verbal
• Knowledge of lending regulations and policies
• Ability to interact with customers and employees with tact, diplomacy and confidentiality
• Resourceful, innovative and well organized
• Ability to assess problems and/or unusual situations and develop logical solutions
• Strong ethical focus

PERFORMANCE MEASURES

• Meets or exceeds annual goals as pre‑established by the CEO that are aligned with the strategic plan.
• Compliance with regulatory requirements.
• Meets or exceeds all sales and growth goals.
• Maintains or exceeds business loan portfolio of $7‑12 million.
• Proactively develops Commercial DDA business.
• Actively develops business for the Bank.

WORKING CONDITIONS

Work is performed largely within the Bank with limited chance for personal injury. Prolonged and frequent mental and visual concentration required. Periodic stressful situations in response to multiple priorities within established deadlines. Work hours are generally during normal business hours. Unscheduled evening and weekend work will be needed to meet the needs of customers and employees. Out‑of‑town and overnight business travel will be required. Work on some Saturdays will be required. Must be able to lift and move up to 20 pounds of office supplies and equipment. Some bending, turning, and twisting required.

Equal Opportunity Employer
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.