Loan Officer IV - Enterprise, AL

BankPlus • Enterprise, AL

1d

About The Position

The Loan Officer IV is responsible for meeting customers’ banking needs by generating, approving, and servicing customer loans within acceptable risk standards and in compliance with bank policies and regulations. The role also generates deposit transactions needed to accommodate loan funding. The position builds and maintains relationships with current and prospective borrowers, develops new business, evaluates creditworthiness, prepares loan requests for approval, and supports accurate loan closing and servicing through payoff. It also handles related customer service, compliance, and community engagement responsibilities.

Requirements

• 5–7 years of similar or related experience.
• Bachelor’s degree.
• Banking, finance, or loan origination experience.
• General computer and typing experience, including Microsoft Office Suite (Excel, Word, and Outlook).
• Driving and occasional travel as needed for business purposes.
• Excellent verbal and written communication skills.
• Ability to work outside regular business hours as deemed necessary.
• Ability to handle multiple tasks.

Nice To Haves

• Previous BankPlus product, services, and systems experience.

Responsibilities

• Build rapport with current and prospective borrowers and use customer relationships to meet their needs and exceed expectations.
• Solicit and develop new business by contacting current and prospective customers to generate loans and deposits.
• Interview loan applicants, gather customer identification, financial, and organizational information, collect initial documents, and ensure loan applications are complete and accurate.
• Evaluate credit data, cash flow, financial statements, collateral, and other relevant factors to determine applicant creditworthiness; communicate reasons for denial when necessary.
• Review loan renewal requests for continued creditworthiness and timely payment.
• Submit required documents to Credit Analysis for early discussion and processing, and submit loan request memorandums to the loan committee for approval.
• Prepare loan-processing documents, including loan worksheets, loan documentation sheets, and loan review sheets.
• Perform beneficial ownership analysis and enter required credit information in nCino.
• Order appraisals and real estate evaluations.
• Verify prefunding conditions, including title work, purchase agreements, appraisal value relative to loan-to-value requirements, and applicable environmental conditions.
• Preliminarily review Articles, Operating Agreements, Bylaws, and Certificates of Good Standing to ensure borrowers are titled correctly.
• Conduct site visits before approval to inspect and verify collateral.
• Review financial statements and analyze market feasibility, comparable properties, tenants, leases, project agreements, contractors, and other third parties; assess borrower terms and conditions and provide feedback on potential credits.
• Generate commitment letters and term sheets when needed.
• For construction loans, monitor lines and advances, manage draws and lines of credit, conduct inspections, and handle asset-based lending sweeps.
• Request environmental prescreening and completion of questionnaires.
• Provide accurate and complete HMDA and CRA information.
• Close loans accurately by reviewing loan documents for exceptions, securing required signatures, and approving funding.
• Inspect and evaluate collateral pledged for existing and prospective loans.
• Service loans from closing through payoff, maintain customer satisfaction, and resolve issues as they arise.
• Review the Insufficient Funds report daily, contact customers about available funds, and encode items for payment or return as appropriate.
• Monitor past-due loans and contact and counsel delinquent customers by phone or letter to arrange payment.
• Manage expired insurance.
• Work charged-off loans as time allows, attempting to arrange suitable payment schedules.
• Participate in community affairs to increase the Bank’s visibility and support business opportunities.
• Maintain knowledge of Bank products, services, policies, procedures, and applicable regulations; complete required compliance training and follow the Bank’s standards of conduct.
• Participate in the Bank’s High-Performance Rewards Connections Program.
• Refer customers to the Mortgage Center and Wealth Management.
• Perform other duties as requested.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior