Loan Officer III

Security First Bank•Overton, NE

About The Position

The Loan Officer III serves customers and prospective customers seeking various types of loans, often relatively large loans. Loan types may include student, home equity, agricultural, commercial, consumer, installment, and mortgage loans. The role operates with substantial credit authority under the guidance of the Branch President and may serve on the Senior Loan Committee and perform internal loan audit functions. The Loan Officer reviews applicants’ financial conditions, assesses repayment ability, makes underwriting decisions within their approval authority, and completes or directs completion of loan documents and closings. The role also develops lending and deposit business, builds relationships with existing and prospective clients, helps collect past-due loans, and monitors the loan portfolio to maintain asset quality. It maintains current client files and supports the bank through referrals and other assigned duties. The position ensures lending decisions comply with applicable federal and state regulations, policies, and procedures, and provides timely, accurate, and professional service to customers and associates. The work environment is usually quiet. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Requirements

Bachelor’s degree in Accounting, Business/Ag Management, or a related field.
Five to eight years of similar or related experience.
Knowledge of accounting and financial records.
Ability to analyze credit factors, including financial statements and tax returns.
Good communication skills and the ability to make difficult decisions and communicate them effectively.
Ability to operate computers, including Microsoft Office Suite products or similar software.
Ability to work independently and stay motivated.
Ability to manage a heavy workload during peak borrowing times.
Ability to maintain accurate and neat records and files.
Certificates, licenses, and registrations: none.

Responsibilities

Take applications for commercial and agricultural loan business.
Review customers’ financial conditions and assess their ability to repay loans.
Make underwriting decisions within assigned approval authority.
Complete or direct the completion of loan documents and close loans.
Participate in developing lending and deposit business for the bank.
Call on existing clients to expand business and on prospective clients to identify opportunities to grow the bank’s client base.
Assist with collection of past-due loans.
Monitor the existing loan portfolio to maintain a high-quality asset base.
Maintain up-to-date client files, including current balance sheets, profit and loss statements, cash flow projections, and loan documentation.
May serve on the loan committee and perform internal loan audit functions.
Promote the bank and make referrals to other departments.
Ensure loan decisions comply with applicable federal and state lending regulations, policies, and procedures.
Troubleshoot and resolve customer and internal inquiries in a timely and accurate manner.
Provide informed, professional, and accurate service and support to customers and associates.
Perform other job-related duties as assigned.