Loan Officer

Pine-Country-Bank; Royalton (MN); On-site; USD 50,000 - 100,000; Full time

Job summary

Pine Country Bank in Royalton, MN is seeking a Loan Officer to evaluate, authorize or recommend loan approvals across commercial, real estate, agricultural, and consumer loans. You will advise borrowers on financial status and payment methods, and develop credit relations with customers to promote banking services.

The role focuses on accurate loan assessment, policy compliance, and delivering superior customer service at the Royalton branch.

Qualifications

• Evaluate loan applications and documentation by confirming credit worthiness.
• Analyze applicants’ financial status, credit and property evaluations to determine feasibility of granting loans.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.

Responsibilities

• Evaluates loan applications and documentation by confirming credit worthiness
• Analyze applicants’ financial status, credit and property evaluations to determine feasibility of granting loans
• Approves loans within specified limits and refer loan applications outside those limits to loan committee for approval
• Completes loan contracts by explaining provisions to applicant; obtaining signatures and notarizations; collecting fees
• Review loan agreements to ensure that they are complete and accurate according to policy
• Stay informed of new types of loans and other financial services and products in order to better meet customers’ needs
• Negotiate payment arrangements with customers who have delinquent loans
• Maintain customer confidence by keeping loan information confidential

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Loan Officer

Royalton Branch FT Exempt Professional Royalton Branch, Royalton, MN, US

2 days ago Requisition ID: 1411

Salary Range: $50,000.00 To $100,000.00 Annually

Job Summary

Evaluate, authorize or recommend approval of loans specific to your expertise (i.e.: commercial, real estate, agricultural, consumer, credit). Advise borrowers on financial status and methods of payments. Develops credit relations with customers and promotes other banking services.

Accountabilities

• Evaluates loan applications and documentation by confirming credit worthiness
• Analyze applicants’ financial status, credit and property evaluations to determine feasibility of granting loans
• Improves loan applications and documentation by informing applicant of additional requirements
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services
• Approves loans within specified limits and refer loan applications outside those limits to loan committee for approval
• Completes loan contracts by explaining provisions to applicant; obtaining signatures and notarizations; collecting fees
• Review and update credit and loan files
• Review loan agreements to ensure that they are complete and accurate according to policy
• Stay informed of new types of loans and other financial services and products in order to better meet customers’ needs
• Helps customers by answering questions and responding to requests
• Negotiate payment arrangements with customers who have delinquent loans
• Maintains customer confidence by keeping loan information confidential
• Meet with customers at off‑site locations
• Superior understanding of lending processes
• Continuing focus on providing a superior customer experience
• Performs job accountabilities with a high level of accuracy and timeliness
• Develops and maintains knowledge of compliance and internal control requirements necessary to complete the job
• Uphold the employment guidelines outlined in the Employee Handbook
• Perform duties in compliance with policy, procedure and process