Commercial Loan Officer III

First Mid Bancshares, Inc.; Des Moines (IA); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Health, dental & vision with HSA match

401(k) with employer match + ESPP

Generous PTO and holidays

Tuition reimbursement and performance‑

Job summary

First Mid Bancshares, Inc. in Des Moines seeks an experienced commercial lender to develop, manage, and grow agricultural, SBA, commercial, and CRE loans while expanding deposit relationships. The role emphasizes credit risk management and portfolio performance within a comprehensive Total Rewards program.

Applicants will review credit, maintain low delinquency, and cross-sell services such as deposits and cash management. Strong communication and banking policy knowledge are essential.

Qualifications

• Bachelor’s degree in Finance or Business Administration or equivalent training.
• 5+ years of experience in commercial lending with CRE and C&I knowledge.

Responsibilities

• Ensure asset quality of the loan portfolio and monitor delinquency with the supervisor.
• Develop and grow loan and deposit portfolios and maintain customer relationships.
• Solicit new customers and negotiate terms in a competitive market.
• Cross-sell bank services to customers (deposits, cash management, lending, wealth).
• Analyze credit applications, balance sheets, and cash flow to support loan decisions.

Skills

Loan analysis

Interpersonal skills

Credit risk management

Policy knowledge

Education

Bachelor’s degree in Finance or Business Administration

Job description

At First Mid, base salary is one component of our Total Rewards program.Exact compensation is determined by factors such as (but not limited to) education, skills,internal equity,and experience.This position offers additional compensation in the form of discretionary short-term incentives (i.e. bonus, incentives, and/or commission). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements.

Develops, manages, and grows agricultural, SBA, commercial, and/or commercial real estate loans that meet established commercial lending criteria and provide maximum profitability to the Bank at minimum risk. Develops and increases commercial and retail deposit accounts.

Responsibilities include, but are not limited to:

• Ensures the asset quality of the assigned loan portfolio. Reviews delinquency reports with direct supervisor to ensure proper collection efforts are being utilized to manage the credit risk of the portfolio. Maintains low loan delinquency and ensures that there are no administrative past due loans. Communicates timely and in a comprehensive manner with their supervisor concerning any credit that is experiencing stress.
• Manages, supervises, and grows individual loan and commercial deposit portfolios. Develops and maintains existing customer base and builds customer satisfaction and confidence in the Bank. Works effectively with personnel in the Credit Administration Department.
• Solicits new customers and negotiating rate and loan terms (for both new and renewal loans) in a competitive and price sensitive environment.
• Cross-sells other bank services to customers i.e. retail deposits, cash management, retail lending and wealth management services.
• Working with a predetermined lending limit, analyzes customer credit applications; balance sheets and profit and loss statement; and cash flow projections in order to make sound loan decisions and predict future repayment capacity. Coordinates these efforts with personnel in the Credit Administration Department. Make recommendations to loan committee on new and renewal loans for amounts above lending limit
• Participates as a member of various Bank committees as assigned.
• Represents the Bank and provide leadership in key community activities and committees. Participate in professional associations; attend conventions, conferences and seminars.
• Completed required training associated with job function.
• Performs related duties as assigned.

Qualifications

Education/Experience:

• Bachelor’s degree in Finance or Business Administration or the equivalent of specialized training in commercial and/or consumer lending and overall bank management.
• 5+ years of experience in commercial lending with relevant knowledge of CRE and C&I lending.

Skills:

• Thorough knowledge of Company’s products and services
• High level of analytical skills to conduct loan analysis and maintain loan’s 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.

Total Rewards:

• Competitive health, dental & vision coverage with HSA match
• 401(k) with employer match + Employee Stock Purchase Plan
• GenerousPTO, paid holidays & parental leave
• Tuition reimbursement & performance-based bonuses

First Mid Bancshares, Inc. is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT