Loan Officer Assoc

Horizon Farm Credit; Hammond (CA); On-site; USD 55,000 - 75,000; Full time

Job summary

Horizon Farm Credit in the United States seeks a Loan Officer Associate to recommend or approve small, routine loans within delegated authority and develop loan portfolios in the service area. The role involves credit analysis, loan structuring, and support for senior officers to ensure proper risk management.

Candidate should have a Bachelor’s degree or equivalent experience with 1–2 years in lending, strong financial analysis ability, and proficiency in MS Office.

Qualifications

• Bachelor’s degree or equivalent experience and 1–2 years of lending experience.
• Understanding of credit and loan processes.
• Ability to analyze balance sheets, income statements, and cash flows.
• Strong communication skills in oral and written form.

Responsibilities

• Assist borrowers with credit needs and formulate credit solutions.
• Make and service loans within delegated authority and assist with loan decisions.
• Analyze borrowers' financials to assess creditworthiness and maintain verified information.
• Ensure proper loan risk ratings and compliance with policies.
• Coordinate with appraisers and manage loan closings as required.
• Monitor loan portfolio conditions and prepare required reports.

Skills

Accounting knowledge

Financial analysis

Communication skills

MS Office

Analytical thinking

Education

Bachelor's degree or equivalent experience

Tools

Microsoft Office

Job description

MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS

Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field, or equivalent experience and one (1) to two (2) years of related experience in the lending field.

JOB PURPOSE AND SCOPE

Recommends or approves small, routine loans in assigned territory within the limits of specific delegated authority. May develop and manage loan portfolios including loan originations in the trade area served by the association. Has prescribed limits for decision making; works under moderate supervision.

ESSENTIAL FUNCTIONS

1. Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
2. Makes and services loans and leases within delegated authority and in accordance with association policies. Makes and/or conveys decisions on loan approval, structure and pricing. Responsible for exercising credit risk management responsibilities on loans within area of responsibility.
3. Works closely with more senior loan officers and other staff to gain a sound understanding of credit analysis. Conducts simple credit analyses. Analyzes balance sheets, income statements, and cash flows of potential borrowers to ascertain creditworthiness. Maintains current, adequate and verified financial information on borrowers and guarantors as required by association policy.
4. Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are proper.
5. Complies with proper credit administration practices as outlined in the association’s policies and procedures.
6. Works with one or more assigned appraisers to gain an understanding of the appraisal process. Obtains appropriate evaluations for the credit being extended and ensures they are in compliance with district and association standards and procedures.
7. Performs loan servicing tasks, which may include partial releases, subordination’s to mineral leases and right of ways, division orders, re-amortizations, assumptions, severance agreements, insurance claims, additional advances, extensions and conversions.
8. Works closely with more senior loan officers and other staff to gain a sound understanding of the loan classification process. Assists with monitoring and reporting overall loan portfolio conditions and other reporting as necessary.
9. Assures that adequate insurance coverage is maintained as required by loan conditions and monitors ad valorem taxes to insure that such taxes are paid on the security.
10. May assist with the title examination process on prospective loans to ensure validity of liens on property pledged as collateral or security interest on chattels. Prepares loan closing packages and facilitates the loan closing process as required in accordance with all applicable association and FCA policies and regulations.

This job has been benchmarked to Loan Officer Associate

OTHER DUTIES

May assist with or attend public relations functions for the association. May assist senior level staff and management with collection processing.

SKILL REQUIREMENTS

General knowledge of accounting/financial systems. Specialized knowledge of accounting/finance principles. Skill in oral and written communication. Basic skill level in Microsoft Office applications. Ability to perform basic accounting/financial analyses under moderate supervision.

PHYSICAL ACTIVITIES

• Ability to sit for long periods of time.
• Ability to stand for limited periods of time.
• Ability to walk for moderate distances.
• Frequent finger/hand manipulation (e.g. keyboard, office equipment, small hand tools, etc.) Occasional lifting, carrying, pushing, and/or pulling while exerting up to 50 pounds of force.

WORKING RELATIONSHIPS

Frequent interaction with customers, association departmental staff and management. Occasional interaction with association senior management, CEO, and/or board of directors. Occasional interaction with Farm Credit Bank of Texas staff. Frequent interaction with area professionals including real estate agents, commercial bankers, and others who deal with the association in the normal course of business.

POLICY AND COMPLIANCE

This job has been benchmarked to Loan Officer Associate. Compliance with FCBT and Association technology and security standards is required.

NOTICE

This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by the supervisor. This position may frequently become involved in or be made aware of confidential business or personal information as a result of interactions 1) arising under its Job Purpose and Scope, 2) arising from other assigned responsibilities or 3) with other employees. It is an expectation and requirement of the job that confidential information of the bank, its associations and their customers be handled in a professional manner and not be disclosed without approval or used for personal gain. Non-compliance with privacy or confidential information requirements or expectations can result in disciplinary action up to and including termination of employment. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees. Regular attendance is required in this job. This document does not create an employment contract, implied or otherwise, other than an "at will" employment relationship.