Junior Ag Loan Officer

Beacon Credit Union•Kokomo, 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 intended for recent college graduates or people early in an agricultural lending career. After training, the employee is expected to use sales skills to develop new business, with the goal of becoming an Ag Loan Officer with an individual loan portfolio. The position may be based at a Beacon Credit Union office anywhere in Indiana where office space is available. Standard hours are Monday through Friday, 8:30 a.m. to 5 p.m. Beacon describes its workplace as a supportive, values-driven, positive, and family-oriented environment that emphasizes team culture, growth opportunities, meaningful member relationships, and work-life balance.

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 member loan applicants, learn about their lending 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 member credit requests meet policy and procedural guidelines.
Prepare and process documentation for credit analysis and risk ratings.
Prepare detailed narratives describing financial trends and ratios for loan committee reports and risk-rating 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 trends in commercial and agricultural lending.
Explain loan programs to members, evaluate their needs, and recommend loan options.
Monitor current loans for compliance with their terms and coordinate with collections as needed.
Assist in working delinquent accounts.
Perform other related duties as assigned.