Consumer Lender

Ohnward Bancshares, Inc.; DeWitt (IA); On-site; USD 60,000 - 95,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

401k Plan

Paid Time Off

Long Term Disability

Job summary

Ohnward Bancshares, Inc. is seeking a Consumer Lender in DeWitt, IA to develop and service consumer loans such as auto and unsecured personal loans. You will manage a loan portfolio, solicit new business, and strengthen customer relationships while promoting bank products and services.

You will analyze financial information, authorize loans within limits, and support deposits and loan fees. The role emphasizes customer service, cross-selling, and compliance with banking regulations.

Qualifications

• Bachelor’s degree in Finance, Economics or related field.
• Minimum 5 years lending experience and/or training.
• Experience in commercial credit, analysis and business development is a plus.
• Knowledge of cash management products and banking regulations.

Responsibilities

• Develop and service consumer loans including auto and unsecured personal loans.
• Manage a portfolio of loans in accordance with bank policies.
• Solicit, manage, and retain banking relationships to generate income.
• Provide financial advice and sell appropriate bank products to prospects and clients.
• Open/close accounts, manage deposits, and handle routine customer requests.
• Work with loan collections to address delinquent accounts and avoid defaults.
• Engage in community outreach to grow bank reputation.

Skills

Financial analysis

Lending experience

Customer communication

Banking applications

Sales and cross-sell

Attention to detail

Education

Bachelor’s degree in Finance/Economics or related field

Tools

Banking software

Job description

Job Details: Job Location: First Central State Bank DeWitt - DeWitt, IA 52742,

POSITION SUMMARY

The Consumer Lender develops and services consumer loans including auto and unsecured personal loans. This position is responsible for developing and managing a portfolio of loans in accordance with bank policies. Solicitation, management, and retention of banking relationships will be the primary job responsibility to generate interest income, deposit balances, and loan fee income. Also, is responsible for providing product and/or services information; resolving any emerging problems that our customer accounts might face with accuracy and efficiency.

KEY ORGANIZATIONAL RELATIONSHIPS

• Reports to Sr. Vice President, President, or Market President
• Works closely with customers and key stakeholders.

DUTIES AND RESPONSIBILITIES

Essential Duties and Responsibilities

To perform this job successfully an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Grows revenue as by successfully prospecting for new business and retaining and expanding existing customer relationships.
• Approves loans within assigned limits, manages loan and portfolio credit quality, sources prospects and develops new customer relationships.
• Provides financial advice to customers and sells appropriate bank products and services to those prospects and clients.
• Open and close new accounts, account maintenance, open CDs, fund transfers. Opening and closing of customer deposits, safe box, debit card accounts.
• Maintenance of account information and forms and any necessary reporting.
• Manage a large volume of calls, answer inquiries, walk-ins.
• Identifies and successfully capitalizes on cross-sell opportunities and makes appropriate referrals.
• Calls on potential or existing customers to develop new business and increase or retain existing business.
• Negotiate credit terms, and prepare credit analysis and repayment for approvals.
• Assist customers with routine-related requests such as: fund transfers, automatic funds transfers (AFTs), stop payments, inquiries about bank deposit products and service charges. Inquiries about ATM and debit card usage and limits. Inquiries about checking and savings accounts transactions, and available funds, check verification requests by third parties.
• Interview applicants to determine financial eligibility and feasibility of granting loans. Gathers personal information about clients and businesses to ensure that an informed decision is made regarding the creditworthiness or the borrower and the probability of repayment.
• Review submitted loan application file to analyze, interpret and evaluate financial information and loan documentation to assess borrower capacity, cash flows, character, collateral, and condition to honor his or her obligations.
• Work closely with loan collections staff to contact borrowers with delinquent loan accounts to help them find a method of repayment in order to avoid their defaulting on the loan.
• Work to grow the bank’s reputation by community outreach and involvement.
• Operate in compliance with laws and regulations and adhere to lending compliance guidelines.
• Builds sustainable relationships and trust with customer accounts through open and interactive communication.
• Maintain customer confidence and protects bank operations by keeping information confidential.
• Participates in civic and community activities to generate visibility for the bank.
• Perform other duties as assigned.

SKILLS AND ABILITIES

• Proven working experience in financial analyzing or lending.
• Strong financial skills and ability to develop and interpret financial statements applied to business accounting and finance principles are required.
• Familiarity with computers and banking applications/software.
• Solid understanding of direct/indirect lending products and practices.
• Excellent communication and interpersonal skills.
• Ability to work in a goal oriented environment.

EDUCATION AND EXPERIENCE

• Bachelor’s Degree in Finance, Economics or related field; minimum 5 years lending experience and/or training; or equivalent combination of education and experience.
• Related work experience should consist of a financial analyzing or lending background.
• Qualifications: experience in commercial credit, analysis and business development; knowledge of cash management products; knowledge of federal state laws and regulations relating to commercial banking; current driver’s license with appropriate insurance coverage.

BENEFITS

• Stakeholder Bonus
• Health Insurance
• Dental Insurance
• Retirement Plan (401k) – 3% Safe Harbor Contribution + Discretionary Contribution
• 10 Observed Holidays
• PTO
• Group Term Life provided
• Short Term Disability - 100% provided by company
• Long Term Disability
• Maternity/Paternity Leave – 100% of pay
• Community Involvement
• Pay-It-Ohnward – Company Giving Program
• Grilling for Charity – Community Donations
• Thank God Its Monday (TGIM) Company Event

Equal Opportunity Employer

Qualifications: