LENDER I

F & M Bank•Harrisonburg, VA

47d•Onsite

About The Position

Summary: Examines, evaluates, and authorizes or recommends approval/denial of Dealer loan applications. Communicates with dealerships on a regular basis. Works closely with Dealer Finance lenders and support staff. Supports and coordinates with Collections Department and other internal bank departments. Essential Duties: · Review and evaluate loan applications received from Dealers · Analyze applicant financial information, credit reports, cash flow, collateral evaluations to determine credit worthiness · Ensure credit and collateral documentation is complete, accurate and in compliance with lending regulations · Exercise discretion and sound judgement in credit decision process · Direct communication with Dealers to approve and/or decline loan applications · Review Dealer loan packages for completeness or missing documents · Communicate with Dealers to correct document errors or missing documentation · Maintain, develop, and expand on current Dealer relationships · Service new and existing loan customers · Monitor loan portfolio to identify trends or problems in a timely manner · Assist Collections Officer in the collection of delinquent loans · Prepare daily and monthly reports for management review · Monitor Collateral Management system and take appropriate action as needed · Process collateral releases on paid off loans · Process and document declined and withdrawn loan applications · Perform other duties as required Non-Essential Duties: • Participates in Bank-sponsored and other community/civic events. • Performs other duties as assigned. Supervisory Responsibilities: · This position has no supervisory responsibilities. Other Duties: This job description is not designed to be an exhaustive list of duties. Duties, responsibilities, and activities may change at any time with or without notice. Bank wide Expectations: · Stays current, maintains knowledge of, and complies with all F & M products and services and policies and procedures. · Maintains organized files and a neat and orderly work area and secures all negotiable and/or confidential records. · Protects the bank's and customers' information; knowledge of customers and their relationship with the Bank must be kept in absolute confidence. · Displays a positive, cooperative spirit; professionalism; and a responsible attitude to staff and customers always. · Leads by example while being a team player. · Participates in Bank-sponsored and other community/civic events as schedule allows. · Represents F & M Bank professionally and courteously while in contact with the public either in person or by telephone. · Pursues personal development opportunities to improve knowledge as it relates to position, compliance, and the bank in general.

Requirements

A minimum of six months related experience or equivalent combination of education and experience.
Ability to communicate effectively orally and/or in writing.
Ability to respond to sensitive inquiries.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to prioritize and meet deadlines.
Ability to work with limited supervision.
Ability to work with and maintain confidential information.
Proficient organizational skills with ability to function in a flexible work environment.
Proficient in MS Excel and Word.
Professionalism in dealing with customers and fellow employees.
Current driver’s license to travel to other bank branch locations and other bank-related travel.

Nice To Haves

A minimum of two years’ related experience or equivalent combination of education and experience.

Responsibilities

Review and evaluate loan applications received from Dealers
Analyze applicant financial information, credit reports, cash flow, collateral evaluations to determine credit worthiness
Ensure credit and collateral documentation is complete, accurate and in compliance with lending regulations
Exercise discretion and sound judgement in credit decision process
Direct communication with Dealers to approve and/or decline loan applications
Review Dealer loan packages for completeness or missing documents
Communicate with Dealers to correct document errors or missing documentation
Maintain, develop, and expand on current Dealer relationships
Service new and existing loan customers
Monitor loan portfolio to identify trends or problems in a timely manner
Assist Collections Officer in the collection of delinquent loans
Prepare daily and monthly reports for management review
Monitor Collateral Management system and take appropriate action as needed
Process collateral releases on paid off loans
Process and document declined and withdrawn loan applications
Perform other duties as required
Participates in Bank-sponsored and other community/civic events.
Performs other duties as assigned.
Stays current, maintains knowledge of, and complies with all F & M products and services and policies and procedures.
Maintains organized files and a neat and orderly work area and secures all negotiable and/or confidential records.
Protects the bank's and customers' information; knowledge of customers and their relationship with the Bank must be kept in absolute confidence.
Displays a positive, cooperative spirit; professionalism; and a responsible attitude to staff and customers always.
Leads by example while being a team player.
Participates in Bank-sponsored and other community/civic events as schedule allows.
Represents F & M Bank professionally and courteously while in contact with the public either in person or by telephone.
Pursues personal development opportunities to improve knowledge as it relates to position, compliance, and the bank in general.