Senior Commercial Loan Officer

The Bank of Missouri; Rolla (MO); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

PTO and holidays

401K and ESOP

Medical, dental, vision, life and long

Fitness reimbursement

Learning and growth opportunities

Job summary

The Bank of Missouri is seeking a Senior Commercial Loan Officer in Rolla, MO to originate, underwrite, and close commercial and agricultural loans while maintaining strong borrower relationships.

You will ensure compliance with federal and state lending laws, coordinate with underwriting, and manage a growing loan portfolio to support local businesses and communities.

Qualifications

• Bachelor's degree in business, accounting, finance, economics or related field; or 10+ years banking experience with lending training.
• Experience originating, underwriting and closing secured and unsecured commercial loans.
• Strong knowledge of lending regulations and risk assessment.

Responsibilities

• Originate, underwrite and close secured and unsecured commercial and agricultural loans.
• Maintain positive relationships with existing and potential borrowers.
• Ensure timely loan closing and funding in accordance with policies and procedures.
• Develop and manage loan portfolios, monitor borrower creditworthiness and renewals.
• Represent the bank in community and professional activities to promote lending programs.

Skills

Loan origination & underwriting

Credit analysis

Customer relationship management

Regulatory compliance

Education

Bachelor's degree in business/related field

Tools

Financial software

Job description

Job Details

Job Location: Rolla- 960 S Bishop Ave - Rolla, MO 65401

Position Type: Full Time

Working at The Bank of Missouri

About our Company

Staying in business for more than 130 years is hard. Really hard. If you think about it, we’ve endured many events, like the Great Depression and two World Wars. We’ve survived and thrived, thanks to our great customers and communities. We were founded on core values of accountability, community service and financial conservatism. Those principles are the reason we are still in business today. Caring for people and communities is our foundation!

We’ve built a reputation of being financially secure and community focused. We are an independent community bank and fully intend to stay that way. We are big enough to accommodate any financial need, yet small enough to give every customer the personal treatment they deserve.

About this job:

As a Senior Commercial Loan Officer you will Originate, underwrite and close secured and unsecured commercial and agricultural loans in accordance with all federal and state banking laws and regulations and established lending objectives, policies and procedures; establish and maintain positive relationships with existing and potential customers, by performing the following duties.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Maintain educational and professional expertise by completion of relevant on-line or in-house training, and/or through attendance at job related seminars, conferences, and workshops.
• Take loan applications, interview applicants and request specified information for loan applications; requests applicant credit reports, reference checks, and appropriate credit documentation to evaluate loan applications; analyze applicant financial status, credit, and property evaluation to determine feasibility of granting loan; and correspond with or interview applicant or creditors to resolve questions regarding application information.
• Compile loan package and facilitate negotiations with applicants according to established standards, such as fees, loan repayment options, and other credit terms; refers loan to underwriting for approval when required; ensure loan commitment/agreements are complete and accurate; assure timely loan closing and funding activities.
• Manage portfolio of existing relationships to include obtaining up to date financial information and evaluating the continued credit worthiness of the borrower. Credits are to be properly risk rated involving management when material deterioration in the credit quality of the borrower occurs. This would include periodic meetings with the borrower to discuss their business and address positives and negatives identified in a review of the financial information. Additional purpose of client meetings would be to provide the opportunity to determine if the borrower would benefit from additional products and services offered by the bank.
• Acquire and maintain knowledge, in order to comply, with all federal and state commercial lending laws and regulations necessary to perform commercial lending duties.
• Utilize government programs when deemed necessary to meet customer’s credit needs.
• Maintain working knowledge of various types of loans to be held in the bank's portfolio.
• Courteously assist customers with inquiries and information requests, and resolve complaints relating to loan products and services offered.
• Participate in the collection procedures and processes to assure the timely collection of all delinquent accounts and develop revised loan repayment terms or schedules as necessary.
• Establish and maintain positive working relationships with loan businesses and other organizations to provide information regarding the lending programs and policies.
• Participate in the Bank's business development activities, represent the Bank in industry and professional associations, community organizations, local business groups, etc., and promote the Bank's favorable image.
• Make frequent outside calls on clients and prospects.

Education and/or Experience

Bachelor's degree (B. A.) from four-year college or university in the field of business, including specific courses in accounting, finance, and economics plus additional Bank related and lending courses; or ten or more years related banking experience and/or training; or equivalent combination of education and experience. In addition, post graduate industry-specific education (e.g., Stonier School of Banking, etc.).

Here are some of the great benefits you will enjoy as a member of our team:

• Competitive Salary
• Personal paid time off and paid holidays, as eligible
• 401K and Employee Stock Option Plan, as eligible
• Generous medical, dental, vision, life and disability insurance
• Fitness reimbursement
• Learning, development and growth opportunities

The Bank of Missouri is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Qualifications