Community Loan Officer

Job Description

SUMMARY

This position is responsible for developing new business through the underwriting, structuring, and closing of consumer and commercial loans, as well as maintaining and servicing an existing portfolio. Represents First United in the community through active participation in community affairs and participates in marketing all of the bank’s products and services.

MAJOR DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)

Analyzes credit history of applicants and determines loan repayment capabilities.

Negotiates credit terms, such as costs, loan repayment methods and collateral specifications.

Develops and maintains interest rate structure to be consistent with financial institution policies and procedures, and to be competitive with current market rates.

Evaluates potential customer loan requests and makes loan recommendations to management.

Maximizes bank profitability through appropriate pricing of new loan originations, fee income, and selling of all bank products and services.

Daily review, approval, and disposition of customer overdrafts.

Reviews new laws and regulations that influence lending within the financial institution and makes recommendations to management when necessary.

Supports First United’s strong relationship banking culture through on-going customer contact, quality customer service, and superior product knowledge.

Develops new customer prospects and business for First United, while managing an existing portfolio.

Lives and represents the bank in the local community, and actively participates in community affairs.

ADDITIONAL DUTIES AND RESPONSIBILITIES

Handles customer complaints and escalates issues as needed.

Work to collect past dues within portfolio.

Maintain high level of integrity.

Recommends to supervisor possible methods to improve department.

Completes all required compliance exams on a yearly basis.

Adherence to all First United Policies and Procedures.

Dresses professionally.

Other duties as assigned by supervisor.

EMPLOYEE SPECIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Work Experience

Bachelor’s degree in business or finance.

Two to four years experience, preferably in a financial institution or consumer loan department.

Extensive knowledge and understanding of lifecycles of loans and all aspects of consumer non-real estate lending policies and procedures.

Extensive knowledge of lending services and related areas.

Excellent leadership, communication, organizational and analytical skills.

Technical / Functional Competencies

Exceptional customer service skills.

Demonstrates good judgment, problem-solving, and decision making skills.

Ability and willingness to take the lead in development and completion of a wide range of projects.

Computer and Software proficiency.

Strong interpersonal skills and ability to work well with a wide range of people.

Ability to communicate well with customers by all means of communication including written, verbal, and non-verbal communication.

Dependable and adheres to time lines and schedules.

NOTE : This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned by supervisor to meet the ongoing needs of the organization.

All Locations :

Norman-East, Norman-Hwy 9, Norman-Northwest