Consumer Loan Officer

Opportunity Bank of Montana • Great Falls, MT

4d

About The Position

The Consumer Loan Officer will actively participate in new business development, interview loan applicants, negotiate credit terms, and structure and analyze loan requests. This role involves closing loans, managing an assigned portfolio, monitoring compliance, and handling customer service inquiries. The officer will also provide guidance to junior lenders, participate in community activities, cross-sell company products, and serve on committees. Additionally, the role includes managing merchant card relationships and related reporting.

Requirements

• High school diploma or equivalent

Nice To Haves

• 4-year college degree (accounting, business, finance, management or related) and 2 years relevant experience - or equivalent combination of education & experience
• Sales experience
• Extensive knowledge of loan guidelines, products and services
• Knowledge of and/or experience with SBA guaranteed and rural development B & I loan programs

Responsibilities

• Actively participate in new business development program.
• Interview applicants for commercial and consumer loans and negotiate credit terms such as costs, loan repayment methods and collateral specifications.
• Structure and analyze new and renewed loan requests and make loans within lending authority.
• Close loans, complete file documentation, and maintain files.
• Manage all aspects of an assigned portfolio of loans and relationships.
• Monitor compliance with loan policies and appropriate regulations.
• Collect past due loans or work with Loss Mitigation staff in collection of delinquent accounts.
• Send financial statements to credit analysts for spreading and analysis.
• Handle customer service matters and inquiries for lending and non-lending issues.
• Advise and assist commercial loan staff with resolutions for customers with difficult issues.
• Provide informal training and guidance for less experienced lenders.
• Participate in community activities and organizations.
• Cross sell all company products and services; refer appropriate banking opportunities to other departments and personnel.
• Serve as member of the Bank’s Officer Loan Committee and participate in other ad hoc committee activities.
• Manage Bank’s merchant card relationships and technical exception tracking and reporting system.
• Perform other related duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED