Commercial Loan Trainee

First Federal Savings Bank•Twin Falls, ID

8d•Hybrid

About The Position

Why work for First Federal Bank? Our company culture is driven by our desire to serve our members and communities, something we have done for over 100 years. Along with doing meaningful work, enjoy perks and benefits that come along with being part of Idaho’s only mutual bank – no stockholders or majority owners, just our account members! Eligible First Federal Bank employees receive paid vacation, sick leave, and holidays; health insurance, dental insurance, and vision insurance; 401(K) retirement; educational assistance; life insurance; and long-term disability insurance. Employees also receive paid community service hours and can participate in our Pay-It-Forward program to give back to the communities we serve. In addition, the First Federal Foundation has provided over $1.4 million to local non-profits since 2003. For a meaningful job and to be part of a community-focused team, as well as much more, apply today at www.bankfirstfed.com/careers.

Requirements

A bachelor’s degree in accounting, finance, or related field, or Two years of lending experience.

Responsibilities

Work with Commercial Loan Serving and Processing to understand department workflow and responsibilities.
Performs analysis of financial statements and tax returns to determine the degree of risk involved in extending credit or lending money.
Uses financial statements and tax returns to develop cash flow analysis.
Utilizes financial ratios to evaluate the customers’ financial status.
Prepares loan presentation documents and check lists.
Assists the Commercial Loan Officers in completing Annual Reviews.
Orders flood hazard determinations, credit reports, UCC lien searches, title policies, etc.
Orders commercial/residential property evaluations and appraisals.
Performs preliminary research such as UCC lien searches, property information, etc.
Participates in new loan development programs, marketing programs, bank events and community activities.
To perform all job duties and maintain compliance with all banking acts, laws and regulations applicable to your job function.