Business Banker

Dacotah Bank • Sioux Falls, SD

5d

About The Position

Makes and services a wide variety of secured and unsecured business and individual loans. Interviews applicants to assess their businesses, needs, financial capacity, and creditworthiness, and makes lending decisions within established limits or recommends decisions to a supervisor. Participates with management on larger loans, monitors loan status and compliance, and provides financial advice and counsel to customers and prospective customers. Studies industrial, commercial, and financial situations relating to new or existing businesses and makes recommendations on financial and organizational structure, locations, and other matters. Calls on current and potential customers to develop new business and retain existing business.

Performs commercial lending duties in compliance with Bank policies and applicable regulatory and governmental requirements. Participates in setting lending and leasing goals and developing policies, programs, and operating plans. Monitors lending and leasing effectiveness, portfolio performance, and compliance with performance, return-on-investment, and customer-service goals. Tracks market and regulatory developments, identifies lending opportunities, and helps develop plans to target loan markets. Participates in collection efforts, including addressing delinquent loans and developing revised repayment terms when needed. Builds relationships with local businesses and organizations, supports marketing and business-development activities, and represents the Bank in professional, industry, and community groups.

The role also assists coworkers and customers, contributes to goal-setting and documentation, maintains professional expertise through relevant learning and community involvement, and performs other duties as assigned. Government programs may be used when deemed necessary to meet customers’ credit needs.

The position requires a bachelor’s degree from an accredited four-year college or university and at least two years of community banking experience, or an equivalent combination of education and experience. The Bank offers career growth and development in a professional and pleasant working environment, a competitive salary, and an exceptional benefits package.

Requirements

• Bachelor’s degree from an accredited four-year college or university and at least two years of experience in community banking, or 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 manage multiple priorities effectively.
• 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, including interviewing applicants and assessing credit risk.
• Make loan decisions within established lending limits or provide recommendations to a supervisor; 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; study business situations and make recommendations on financial and organizational matters.
• Call on current and potential customers to develop new business and retain existing business.
• Perform commercial lending duties in compliance with Bank policies and applicable regulatory and governmental requirements.
• Participate in establishing lending and leasing goals and developing related policies, programs, and operating plans.
• Monitor the effectiveness of lending and leasing functions, portfolio performance, and lending policies and practices against established standards and goals.
• Keep abreast of market and regulatory developments, identify lending markets, and develop plans and programs to respond to opportunities.
• Monitor and participate in collections, including efforts involving delinquent loans and revised repayment terms or schedules.
• Build relationships with local businesses and organizations and help market the Bank’s lending services and attract loan customers.
• Participate in the Bank’s business-development activities and represent the Bank in industry, professional, and community organizations.
• Assist coworkers with customer inquiries and problems, ensuring prompt and courteous responses.
• Assist with establishing area goals and developing manuals and supporting documentation.
• Maintain professional expertise through job-related seminars, conferences, workshops, and involvement in professional, civic, and community groups.
• Perform other duties as assigned and use government programs when deemed necessary to meet customers’ credit needs.

Benefits

• Health insurance; Dacotah Bank pays 100% of the premium for individual and family coverage.
• Dental insurance; Dacotah Bank pays 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.

What This Job Offers

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