Business Banker

Frandsen Financial Corporation•Grand Forks, ND

6d•$110,000 - $150,000

About The Position

Prospects for, underwrites, and closes secured and unsecured commercial loans in accordance with established lending objectives, policies and procedures. Establishes and manages positive business relationships with existing and prospective customers, by performing assigned duties and responsibilities. Actively supports the lending staff develop new and existing business relationships through key contacts within the local community to market the bank’s services with emphasis on commercial lending and other areas as designated. Meet or exceed minimum number of customer development calls per month as defined in individual work plan. Analyzes individual loan documents to determine customers’ cash flow, ability to pay the loan, profit potential of the loan, etc. in order to minimize loan loss and maximize potential profit. Supports lending staff meet and interview applicants to determine creditworthiness, deny or grant each loan, secure required signatures, explains procedures or reasons for denial, and presents possible alternatives to those denied to maintain a favorable bank image.

Requirements

Bachelor’s degree in business, finance or related field or equivalent years in the banking industry
One to three years of experience, preferably in a financial institution or consumer loan department
Ability to manage a $20+ million loan portfolio

Responsibilities

Prospects for, underwrites, and closes secured and unsecured commercial loans
Establishes and manages positive business relationships with existing and prospective customers
Actively supports the lending staff develop new and existing business relationships
Meet or exceed minimum number of customer development calls per month
Analyzes individual loan documents to determine customers’ cash flow and ability to pay the loan
Supports lending staff meet and interview applicants to determine creditworthiness