Junior Ag Loan Officer

Beacon Credit Union•Huntington, IN

About The Position

The Junior Ag Loan Officer assists members with agricultural and commercial lending needs by analyzing loan requests and making credit recommendations in accordance with lending policies. The role analyzes credit and financial reports to assess lending risk, has limited lending authority, and assists with delinquent accounts. It is designed for recent graduates or people early in an agricultural lending career, with training and a goal of developing into an Ag Loan Officer with an individual loan portfolio. The position covers Huntington County and surrounding territory. The officer visits farms and commercial businesses, interviews loan applicants, reviews their financial circumstances and relationship with Beacon Credit Union, and participates in business development. The role prepares credit analyses, risk ratings, loan documentation, and narratives for loan committees; recommends whether requests should be approved, declined, or referred for a higher-level decision; and helps establish and explain loan terms. It also involves reviewing loan documents, working with external parties, monitoring existing loans for compliance, and coordinating with collections when necessary. Standard hours are Monday through Friday, 8:30 a.m. to 5 p.m. Beacon describes its workplace as supportive, values-driven, and family-oriented, with opportunities for growth and a focus on helping members and building relationships.

Requirements

One to three years of agriculture, sales, and/or related credit union experience.
Four-year college degree or equivalent combination of education and experience.
Sales skills and ability to develop new business after training.
Ability to communicate effectively both orally and in writing.
Ability to foster sound relationships with other entities.
Strong attention to detail.
Excellent judgment.
A significant level of trust and diplomacy, as well as courtesy and tact.
Ability to work with little or no supervision.

Responsibilities

Conduct on-site commercial and farm visits to interview loan applicants, gather information about loan needs, earnings, and financial condition, and review their relationship with Beacon Credit Union.
Participate in sales development activities.
Perform initial and ongoing credit analysis to assess whether requests meet policy and procedure guidelines, and prepare and process applicable credit-analysis and risk-rating documentation.
Prepare detailed narratives on financial trends and ratios for loan committee reports and risk-rating score assignments.
Recommend approving, declining, or forwarding loan requests to higher levels for a decision.
Assist in establishing terms and conditions for approved loans and review them with members.
Review loan documents for completeness and accuracy.
Work with outside parties such as title companies, appraisers, and realtors.
Stay informed about current commercial and agricultural lending trends.
Explain loan programs, evaluate members' needs, and recommend loan options.
Monitor current loans for compliance with their terms and coordinate with collections as needed.
Perform other related duties as assigned.