Business Banker

American Bank & Trust - South Dakota • Sioux Falls, SD

4h • Onsite

About The Position

The Business Banker is responsible for maintaining a portfolio of existing customers, maximizing relationships to build customer satisfaction and confidence in the Bank. This role involves gathering and overseeing the compilation of all needed information for loans, working with Credit Administration and Credit Analysts to request necessary documentation, and corresponding with or interviewing applicants to resolve questions and negotiate agreements. The Business Banker is actively involved in maintaining business relationships, fostering business development, and staying informed of market trends. They will cross-sell key deposit/fee income products/services, maintain the asset quality of the loan portfolio, and communicate regularly with the Market President. This role also involves facilitating negotiations with customers, presenting credit proposals to loan committees, ensuring loan agreements are complete and accurate, and coordinating loan documentation with the Banking Assistant. Additionally, the Business Banker will seek networking opportunities through community activities, professional organizations, and social situations, utilizing platforms like LinkedIn to aid in business development.

Requirements

• Bachelor’s degree in Business, Finance or Accounting, or equivalent combination of education and experience
• A minimum of 2-5 years lending and credit analysis experience within a financial institution environment preferred.
• Business development/sales skills
• Strong communication skills, both written and verbal
• Knowledge of lending regulations and policies
• Ability to interact with customers and employees with tact, diplomacy and confidentiality
• Resourceful, innovative and well organized
• Ability to assess problems and/or unusual situations and develop logical solutions
• Strong ethical focus
• Negotiation skills

Nice To Haves

• A minimum of 2-5 years lending and credit analysis experience within a financial institution environment

Responsibilities

• Maintains a portfolio of existing customers and maximizes relationships to build customer satisfaction and confidence in the Bank.
• Gathers and oversees compilation of all needed information for loan works in tandem with Credit Administration and Credit Analyst to request appraisals, applicant credit reports, background checks, reference checks, and other information pertinent to evaluation of loan application.
• Corresponds with or interviews applicant or creditors to resolve questions and negotiate agreements/terms.
• Actively involved in maintaining business relationships with the bank, and fostering business development, while keeping informed of trends that may impact the bank, including legal, regulatory, and economic issues.
• Maximizes new and existing customer relationships by cross selling key deposit/fee income products/services as customer needs dictate.
• Maintains the asset quality of the loan portfolio.
• Communicates with Market President on a regular basis on community activities and others on operational and/or lending issues as needed.
• Facilitates negotiation with customer, both new and existing, according to established standards, such as fees, loan repayment options, and other credit terms.
• Refers and/or presents credit proposals to loan committee for approval in excess of individual loan approval.
• Ensures loan agreements are complete and accurate according to policy.
• Assures timely loan closing and funding activities.
• Coordinates proper loan documentation and loan files with Banking Assistant.
• Seeks networking opportunities with valuable third-party associates and potential clients through community activities, professional organizations, educational workshops and seminars, charitable organizations, and economic and community development organizations (local Chambers, economic development councils, etc.).
• Represents Bank in industry and professional associations, community organizations, local business groups, etc., and promotes Bank's favorable image.
• Collects delinquent accounts in timely manner within bank procedures/processes.
• Develops/negotiates revised loan repayment terms/schedules as necessary.
• Remains knowledgeable and abreast of guaranteed government loan programs and other conventional financing mechanisms as vehicle for customers.
• Ensures compliance with bank policies and procedures and federal and state laws.
• Performs other duties as may be assigned.

What This Job Offers

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