FLSA Status: Exempt
Reports to: Sr. Loan Officer
Summary:
The Loan Officer actively pursues building relationships with new and potential customers. They exercise independent judgment in recommending and structuring credit solutions with sound credit administration while meeting FCB’s growth needs. The Loan Officer is responsible for generating, closing, and servicing loans. Loan types may consist of consumer, consumer real estate, commercial, and agricultural.
Essential Duties and Responsibilities:
· Responds to customer inquiries, explains loan options and requirements.
· Complete and evaluate loan applications.
· Make credit extension decisions and recommendations.
· Manages loan portfolio, to include on-going communication and follow-up with customers.
· Provides exceptional customer service to internal and external customers.
· Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan; approves loans within established lending guidelines.
· Evaluates loan applications and documentation by confirming credit worthiness.
· Coordinates processing of approved loans; ensures loans are processed according to agreements, customer needs, and Bank lending policies; obtains sufficient information and/or documentation from customers; solves problems related to processing and servicing of loans within assigned portfolio.
· Maintains database and monitors performance of loan portfolio to ensure proper risk ratings and early identification of potential problems.
· Develops new loan and deposit business by developing relationships with prospective customers, identifying needs, recommending solutions, and closing sales.
· Follows regulatory requirements by protecting information for privacy and confidentiality, displaying discretion in discussing customer information, obtaining proper information and paperwork to complete transactions, and following bank policies and regulations.
· Other duties as assigned.