Loan Officer

BTC Bank; Tennessee; On-site; USD 55,000 - 95,000; Full time

Job summary

BTC Bank seeks a Loan Officer to evaluate, authorize, or recommend approval of agricultural, commercial, real estate, or consumer loans. You will advise borrowers on financial status and payment methods and work with clients to reach their financial goals.

The role requires 5+ years in lending, a bachelor’s degree, and excellent communication. Based in Tipton, MO, with a 40-hour week and Saturday rotation; competitive benefits available.

Qualifications

• Bachelor’s degree or equivalent experience in Economics, Finance, Business, or related field.
• Minimum of five years in lending, banking, or related financial services role.
• Excellent verbal and written communication skills; ability to work with internal and external customers.

Responsibilities

• Evaluate, authorize, or recommend approval of agricultural, commercial, real estate, or consumer loans.
• Advise borrowers on financial status and payment methods.

Skills

Communication skills

Customer service

Education

Bachelor’s degree in Economics, Finance, Business, or related field

5+ years of lending/banking experience

Tools

Microsoft Office

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

Full Time - 40 Professional Tipton, MO, US 1 Attachments

9 days ago Requisition ID: 1396

About BTC Bank

BTC Bank is a community bank founded on the traditional values of personal customer service. Our continued tradition of serving our friends and neighbors with courteous, professional banking services maintains its standard of excellence today. We strongly support our local communities. We are proud of the roots of our past and prepared for the growth in our future.

Work Location: This position will be based at our Tipton, MO location.
Hours: 40 hours per week, including Saturday rotation

Job Purpose: Evaluate, authorize, or recommend approval of agricultural, commercial, real estate, or consumer loans. Advise borrowers on financial status and payment methods.

Duties and Responsibilities:

• Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
• Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
• Meet with applicants to obtain information for loan applications and to answer questions about theprocess.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
• Guide clients through different mortgage loan options and explain the terms of each.
• Coordinate with other professionals, such as real estate agents, bank officers, and appraisers.
• Stay updated on industry trends and changes in mortgage loan policies.
• Review loan agreements to ensure that they are complete and accurate according to policy.
• Approve loans within specified limits and refer loan applications outside those limits to management for approval.
• Handle customer complaints and take appropriate action to resolve them.
• Set credit policies, credit lines, procedures and standards in conjunction with senior managers.
• Stay abreast of new types of loans and other financial services and products to better meet customers' needs.
• Review and update credit and loan files.
• Submit applications to credit analysts for verification and recommendation.
• Confer with underwriters to aid in resolving mortgage application problems.
• Market bank products to individuals and firms, promoting bank services that may meet customers' needs.
• Work with clients to identify their financial goals and to find ways of reaching thosegoals.
• Negotiate payment arrangements with customers who have delinquent loans.
• Analyze potential loan markets and develop referral networks to locate prospects for loans.
• Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action.
• Provide special services such as investment banking for clients with more specialized needs.
• Arrange for maintenance and liquidation of delinquent properties.
• Petition courts to transfer titles and deeds of collateral tobanks.
• Other duties as assigned.

Qualifications:

• Bachelor’s degree in Economics, Finance, Business, or a related field preferred; equivalent years of relevant experience considered.
• Minimum of five (5) years of experience in lending, banking, or a related financial services role.
• Excellent verbal and written communication skills, with the ability to effectively communicate with both internal and external customers.
• Excellent computer proficiency, including Microsoft Office (Word, Excel, and Outlook).
• Ability to work under pressure and meet deadlines while maintaining a positive attitude and providing exemplary customer service.
• Ability to work independently and carry assignments through to completion within parameters of instructions given, prescribed routines, and standard accepted practices.

Physical Requirements:

• Manual dexterity, the ability to lift files and open filing cabinets.
• Bending, stooping or standing as necessary.
• Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and other federal, state and local standards, including meeting qualitative and/or quantitative productivity standards.
• Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standards.
• Must be able to communicate clearly and effectively.