Community Loan Officer

First United Bank • Purcell, OK

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About The Position

The Community Loan Officer is responsible for developing new business through underwriting, structuring, and closing commercial loans, while also maintaining and servicing an existing portfolio. This role involves proactive relationship management, credit analysis, and community engagement to enhance the bank's presence and service offerings.

Requirements

• Bachelor's degree in business, finance, or accounting preferred.
• Minimum of three years of experience in commercial banking.
• Extensive knowledge of commercial lending policies and procedures.
• Extensive knowledge of lending services and related areas.
• Business development experience.
• Exceptional customer service skills.
• Good problem-solving and decision-making skills.
• Demonstrates good judgment.
• Strong interpersonal skills and ability to work well with a wide range of people.
• Ability to communicate well with customers by all means of communication including written, verbal, and non-verbal communication.
• Willingness to accept additional responsibilities.
• Dependable and adheres to timelines and schedules.
• Takes initiative in development and completion of projects.

Responsibilities

• Acquire, expand, and retain commercial relationships using a proactive calling strategy.
• Cross-sell ancillary products and services of the bank.
• Analyze credit history of applicants and determine loan repayment capabilities.
• Negotiate credit terms, such as costs, loan repayment methods, and collateral specifications.
• Develop and maintain interest rate structure consistent with financial institution policies and competitive market rates.
• Evaluate potential customer loan requests and make loan recommendations to management.
• Daily review, approval, and disposition of commercial overdrafts.
• Review new laws and regulations influencing business lending and make recommendations to management.
• Provide assistance and recommend training for new commercial loan officers.
• Develop new customer prospects and business for First United.
• Represent the bank in the local community through active participation in community affairs.

Benefits

• Opportunities for professional growth and development.
• A supportive and friendly work environment.
• Participation in community affairs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree