Business Development Officer

Guaranty Bank & Trust Co•New Roads, LA

2h•Hybrid

About The Position

The loan officer is responsible for developing new business, underwriting, structuring, and closing of all loans, as well as maintaining and servicing his portfolio. This position represents the bank in the local community through active participation in community affairs and participates in marketing all of the bank’s products and services.

Requirements

Must be able to work in a team environment with the ability to interact well, and in a positive manner with co-workers and management.

Responsibilities

Maintain contact with customers, the public and the community to build relationships that will enhance the overall marketing effort and increased visibility of the bank.
Participate and advise management of participation with community organizations and projects that will build relationships and enhance the image and visibility of the bank.
Participate with appropriate management personnel in the establishment of an effective business development marketing program for the bank.
Conduct and establish relationships with customers and the community in a manner that will enhance the overall marketing effort of the bank.
Work with members of management to develop bank objectives and specific programs to achieve them.
Prepare annual marketing budget plan for Business Development. Responsible for administration and adherence to the plan.
Originate and recommend loans for approval under individual authority and/or the respective loan committees which meet established lending requirements and which provide maximum profitability to the Bank with a minimum risk.
Service credit needs of customers and potential customers by conducting interviews of loan applicants to determine the general credit worthiness of the customer and the merits of the specific loan request.
Acquire financial and other information, analyzing same to make approval or denial of credit; make visits when necessary to view collateral interest, negotiate terms and conditions such as rates, collateral and loan agreements and other requirements.
Apply ongoing supervision and administrations of loans until ultimate collection through monitoring of loan payments and update of financial and credit information. Take necessary action to collect.
Review daily overdraft reports and make decisions as to pay or return. This includes contact of the customer to request a deposit sufficient to cover the overdraft.
Responsible for portfolio of demand and time deposits of borrowing and non-borrowing customers. Solicits commercial and individual deposit accounts.
Conducts relationship banking principles for all customers. Ensures customer satisfaction and resolution to any service problems.
Develop new business by cross-selling bank products and services to existing and potential customers.
Maintains product knowledge through personal development, reading and educational programs offered by the Bank and outside sources.
Participate in community affairs to increase the Bank’s visibility and to enhance new business opportunities.
Ensure the protection of the Bank’s interests in matter of adequate documentation and adherence to loan policy and various laws and regulations.
Serve as member on the Loan Officer Credit Committee.