Sr. Commercial Loan Officer

The Bank of Missouri; Rolla (MO); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Competitive Salary

Personal Paid Time Off

401K and ESOP

Fitness Reimbursement

Learning & Growth Opportunities

Job summary

The Bank of Missouri is seeking a Senior Commercial Loan Officer to originate, underwrite, and close secured and unsecured commercial and agricultural loans. You will build and maintain client relationships, ensure compliance with lending laws, and guide borrowers through loan processes.

Candidate should have a Bachelor's degree in business or finance or 10+ years banking experience; post-graduate banking education is a plus.

Qualifications

• Bachelor's degree in business or related field, or 10+ years banking experience.
• Post graduate banking education encouraged.
• Ability to analyze financial statements and assess creditworthiness.

Responsibilities

• Originate, underwrite, and close commercial and agricultural loans in accordance with laws and bank policies.
• Establish and maintain positive relationships with existing and potential customers; promote lending products.
• Manage portfolio and monitor borrower credit quality; address delinquencies as needed.
• Participate in business development, call on clients, and promote the bank's lending programs.

Education

Bachelor's degree in business/finance

Job description

Working at The Bank of Missouri

At The Bank of Missouri we know it takes great people to support the communities we serve! We are passionate about caring for people and communities, and know how to recognize and reward our employees for their talent and contributions. When you work at The Bank of Missouri, you not only get to help others, but you also get the resources, opportunities and support to grow your own career.

About our Company:

Staying in business for more than 130 years is hard. Really hard. But, thanks to our great customers in the communities we serve and our entire team, we’ve grown from one bank, once known as The Bank of Perryville, to now 30 locations in 25 communities across Missouri.

If you think about it, since 1891 when the bank was founded, we’ve endured many events: the Great Depression, two World Wars and the Financial Crisis of 2007-2008. We are a growing, $4.2 billion institution with plans to further expand as opportunities present themselves. With our roots firmly planted in Perryville, Missouri, we continue to grow; evolving and expanding with our amazing team, customers and communities.

Those principles are the reason we are still in business today: caring for people and communities is our foundation. With every financial decision we make, we bear those values in mind, every time. We are proud, but above all, very privileged to say, “We’ve been community banking since 1891.” We look forward to the bright future which lies ahead for the shareholders, employees, customers and communities served by The Bank of Missouri.

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

• Competitive Salary
• Personal paid time off, as eligible
• 401K and Employee Stock Option Plan, as eligible
• Fitness reimbursement
• Learning, development and growth opportunities

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 include the following. Other duties may be assigned.

• 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.)

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. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please contact us or call toll-free 888-547-6541.