Consumer Lender

First Western Bank & Trust•Harrisburg, SD

2d•Onsite

About The Position

First Western Bank is currently looking for a full-time Consumer Lender at our new Harrisburg, SD location. At First Western Bank, we're more than a bank. We're a family-owned organization with a proud history of helping customers, businesses, and communities thrive. As we expand into Harrisburg, South Dakota, we're looking for talented individuals who are passionate about building relationships, delivering exceptional customer service, and making a difference in their community. Founded in 1964, First Western Bank has built its reputation on community stewardship, respect, excellence, dedication to customers, integrity, and trust. Team members who join our new Harrisburg location will have a unique opportunity to help establish our presence, build lasting customer relationships, and shape our reputation in one of South Dakota's fastest-growing communities. If you're looking for a career where you can make an impact, grow professionally, and help build First Western Bank's future in Harrisburg, we'd love to have you apply!

Requirements

Bachelor’s degree in Finance, Business, or Economics or equivalent work experience
Prior experience in consumer lending with knowledge of in-house consumer mortgage, construction, and real estate loan procedures preferred
Other banking related experience helpful
Skilled in Microsoft Office (Publisher, Power Point, Word, Excel, Outlook), and social media platforms

Nice To Haves

Prior experience in consumer lending with knowledge of in-house consumer mortgage, construction, and real estate loan procedures
Other banking related experience

Responsibilities

Soliciting, evaluating, negotiating, underwriting, approving or recommending approval, and coordinating the closing of all consumer, in-house mortgage loans, HELOCs, lot loans, bridge loans, construction loans, ready reserve and credit cards in compliance with the Bank’s lending policies and procedures.
Developing new business and maintaining and servicing an existing portfolio.
Cross selling and recommending services to meet client needs and expand client relationships.
Extending credit to individuals through a wide variety of consumer loans, credit cards, ready reserve, in-house mortgage, real estate (bridge, lot loans & home equity/HELOCS) and/or construction programs.
Analyzing applicants’ financial condition and assessing risk of financing requests within framework of the Bank’s credit culture and current economic and industry trends.
Obtaining and assessing loan applicants’ credit histories, financial statements, and other financial information.
Ensuring that credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
Negotiating terms and conditions, structuring loan financing based on risk considerations, approving loans within specified limits and presenting loan applications outside of those limits for approval to appropriate levels of authority.
Advising clients on financial status and methods of payments, including a clear communication in relation to interest rate locks, closing dates, extensions, etc.
Coordinating processing of approved loans; ensuring loans are processed according to agreement, client needs and conforms to Bank lending policies.
Approving loan disbursements, draws from lines of credit, and fund transfers in accordance with specified limits.
Negotiating payment arrangements with clients who have delinquent loans.
Analyzing potential loan markets and developing referral networks in order to locate prospects for loans.
Monitoring existing loan portfolio to ensure proper risk ratings and early identification of potential problems.