Business Banker

Dacotah Bank • Minot, ND

4d

About The Position

The Business Banker makes and services a wide variety of secured and unsecured business and individual loans. The role interviews applicants to assess their businesses, needs, financial capacity, and credit risk; makes loan decisions within established limits or recommends terms to a supervisor; and participates with management on larger loans. The Business Banker monitors loan status and compliance, provides financial advice to customers and prospective customers, and studies business and financial situations to offer recommendations on matters such as financial and organizational structure and location.

The position performs the full range of commercial lending duties in accordance with Bank policies and applicable regulatory and governmental requirements. It helps establish and achieve lending and leasing goals, evaluates lending performance and portfolio results, responds to market and regulatory developments, identifies lending opportunities, and supports collection efforts. The Business Banker develops relationships with local businesses and community organizations, promotes the Bank's lending services, participates in business development and calling activities, and represents the Bank in professional and community settings.

The role also supports colleagues and customers, contributes to goals, procedures, manuals, and supporting documentation, and maintains professional knowledge through relevant education and community involvement. Government programs may be used when appropriate to meet customers' credit needs.

Requirements

• Bachelor's degree from an accredited four-year college or university, or an equivalent combination of education and experience.
• At least 2 years of experience in community banking, unless qualifying through an equivalent combination of education and experience.
• Strong interpersonal skills, with an emphasis on building relationships internally and with clients and prospects.
• Strong credit and analytical skills.
• Highly detail-oriented.
• Highly developed communication skills, including the ability to write clear and concise credit correspondence.
• Ability to manage relationships independently and proactively and effectively manage multiple priorities.
• Ability to advocate persuasively.
• Ability to learn and multitask efficiently.
• Proficiency with technology, including MS Excel, MS Outlook, Moody's underwriting, and Salesforce.

Responsibilities

• Make and service secured and unsecured business and individual loans, and perform the full range of commercial lending duties in accordance with Bank policies and applicable regulations.
• Interview loan applicants and evaluate their businesses, needs, abilities, earnings, and credit risk.
• Make loan decisions and set terms within established lending limits, recommend terms to a supervisor, and participate with management on larger loans.
• Monitor loan status and ensure borrowers comply with loan terms.
• Provide financial advice and counsel to customers and prospective customers, and make recommendations concerning business financial or organizational structure, locations, and related matters.
• Participate in establishing lending and leasing goals and contribute to Bank goals, policies, programs, and operating plans.
• Monitor and evaluate lending and leasing performance, identify issues and trends, and develop or apply corrective strategies.
• Analyze portfolio performance and assess commercial lending policies and practices against return-on-investment and customer-service goals and economic conditions.
• Keep informed about market and regulatory developments, identify lending markets and opportunities, and develop or implement plans to address them.
• Monitor and participate in collection efforts, including collecting delinquent loans and developing revised repayment terms or schedules when needed.
• Build and maintain relationships with local businesses and organizations, promote the Bank's lending services, and participate in calling and marketing programs to attract, retain, and grow business.
• Participate in business development and represent the Bank in industry and professional associations, community organizations, and local business groups.
• Assist co-workers with customer inquiries and difficult problems, ensuring prompt and courteous responses.
• Assist with setting and implementing goals and with developing manuals and supporting documentation.
• Maintain professional expertise through job-related seminars, conferences, workshops, and involvement in professional, civic, and community groups.
• Use government programs when deemed necessary to meet customers' credit needs.
• Perform other duties as assigned.

Benefits

• Health insurance, with the Bank paying 100% of the premium for individual and family coverage.
• Dental insurance, with the Bank paying 100% of the premium for individual and family coverage.
• Health Savings Account.
• Life insurance for the employee and family.
• Paid vacation and sick time.
• Retirement plan options.
• Additional perks and benefits.
• Opportunity for career growth and development in a professional and pleasant working environment.
• Competitive salary.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level