Junior Ag Loan Officer

Beacon Credit Union•Kokomo, IN

About The Position

The Junior Ag Loan Officer assists members with agriculture and commercial lending needs by analyzing loan requests and making credit recommendations in accordance with lending policy. The role analyzes credit and financial reports to assess lending risk, has limited lending authority, and assists with delinquent accounts. After receiving training, the employee is expected to develop new business, with the goal of becoming an Ag Loan Officer with an individual loan portfolio. The position is suitable for recent college graduates or people early in their agricultural lending careers. It may be based at a Beacon Credit Union office in Indiana where office space is available.

Requirements

One to three years of agriculture, sales, and/or related credit union experience.
Four-year college degree or an equivalent combination of education and experience.
Sales skills and the ability to develop new business after training.
Ability to communicate effectively, both orally and in writing.
Ability to foster sound relationships with other entities.
Extremely detail-oriented.
Excellent judgment.
A significant level of trust and diplomacy, along with 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 their loan needs, earnings, and financial condition, and review their relationship with Beacon Credit Union.
Participate in sales development activities and develop new business after training.
Perform initial and ongoing credit analysis to assess whether credit requests meet policy and procedure guidelines.
Prepare and process credit analysis and risk-rating documentation.
Prepare detailed narratives about financial trends and ratios for loan committee reports and risk-rating assignments.
Recommend approving or declining loan requests, or forwarding them to higher levels for a decision.
Assist in establishing approved loan terms and conditions and review them with members.
Review loan documents for completeness and accuracy.
Work with outside parties, including title companies, appraisers, and realtors.
Stay informed about current trends in commercial and agricultural lending.
Explain loan programs to members, evaluate their needs, and recommend loan options.
Monitor current loans for compliance with terms and coordinate with collections as needed.
Assist with delinquent accounts.
Perform other related duties as assigned.