Ag / Commercial Loan Officer - 7018

Midstates Bank•Neola, IA

About The Position

This position will develop and manage agriculture and commercial loan client relationships that meet established lending requirements and provide maximum profitability to the bank at minimum risk. Duties will be performed in accordance with Midstates Bank's core values and service standards. Essential Functions: Prepares financial analysis through Web Equity software on Ag / Commercial clients and makes recommendations. Maintains a full understanding of the Loan Policy. Prepares credit memorandum write-ups in accordance with Loan Policy by accurately describing the credit needs, background, historical performance, and projections for prospective and current clients. Presents write-ups to loan committees. Assists other branches with credit analysis coverage as needed. Provides financial services to Ag / Commercial clients with lending authority determined by Branch Leader. Advises clients, where possible, concerning business management and financial matters. Interviews loan applicants and collects and analyzes financials and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request. Develops new business by implementing a strategy to identify and call on new prospective clients. Expands upon current business by cross-selling bank products and services. Utilizes our 360 CRM program to track calls and activities. Establishes, and negotiates where necessary, terms under which credit will be extended, including the cost, repayment method/schedule, and collateral requirements. Supports collection efforts on trouble loans including inspections of properties, client consultations, loan modifications, etc. Participates in civic activities to promote growth and development of the community and a positive image for the bank. Other duties as assigned.

Requirements

Strong communication and analytical skills
proficiency in Microsoft Office and Web Equity applications
ability to perform basic accounting/financial analysis
strong sales skills and ability to call prep for sales calls
must have a general knowledge of farming and ranching along with an understanding of rural living
Bachelors degree in Business Administration, Finance, Agriculture Economics or a related field
Accounting or bookkeeping experience in formation of financial statements and cashflows

Nice To Haves

Previous bank experience preferred.

Responsibilities

Prepares financial analysis through Web Equity software on Ag / Commercial clients and makes recommendations.
Maintains a full understanding of the Loan Policy.
Prepares credit memorandum write-ups in accordance with Loan Policy by accurately describing the credit needs, background, historical performance, and projections for prospective and current clients.
Presents write-ups to loan committees.
Assists other branches with credit analysis coverage as needed.
Provides financial services to Ag / Commercial clients with lending authority determined by Branch Leader.
Advises clients, where possible, concerning business management and financial matters.
Interviews loan applicants and collects and analyzes financials and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request.
Develops new business by implementing a strategy to identify and call on new prospective clients.
Expands upon current business by cross-selling bank products and services.
Utilizes our 360 CRM program to track calls and activities.
Establishes, and negotiates where necessary, terms under which credit will be extended, including the cost, repayment method/schedule, and collateral requirements.
Supports collection efforts on trouble loans including inspections of properties, client consultations, loan modifications, etc.
Participates in civic activities to promote growth and development of the community and a positive image for the bank.
Other duties as assigned.