Loan Officer or Senior Loan Officer

Golden State Farm Credit•Chico, CA

10d•$78,521 - $134,590•Onsite

About The Position

Golden State Farm Credit is seeking a Loan Officer to join their growing credit team in Chico, CA. The ideal candidate will possess a knowledge of local commodities and an ability to combine agricultural and business knowledge to build new relationships with agricultural customers. The team at Golden State Farm Credit is united in their efforts to support rural communities and the agricultural industry. They offer a distinct work environment that fosters collaboration amongst teams, promotes a customer-centric approach to service, rewards those who take initiative, and provides a variety of projects to create an engaging work culture. They value teamwork, continuous learning, and the positive impact that their dedicated employees make. The Association reserves the right to hire a qualified candidate from the VP, Loan Officer classification instead of the Loan Officer or Senior Loan Officer classification, depending on applicant experience and organizational needs.

Requirements

Knowledge of the agriculture, financial and real estate industry, and applied business mathematics and principles.
Knowledge of Microsoft Office Suite, computers, current software, and other office tools.
Ability to effectively read, write, and communicate in the English language.
Skill in serving and working effectively with both external and internal customers in a professional, respectful manner.
Skill in analyzing information and problem solving to formulate logical and objective conclusions.
Knowledge of accounting principles, practices, and methods.
Knowledge of credit analysis and regulatory requirements with respect to borrower’s rights.
Knowledge of financial statements and Generally Accepted Accounting Principles (GAAP).
Knowledge of title issues, easements, tax law, title and escrow, state and federal ag regulations, appraisal concepts, processes and procedures, lending practices, farm business management, and other industry terminology.
Skill in establishing and maintaining relationships with a variety of internal and external organizations and the community to advance the organization's interests and grow/maintain business.
Skill in educating, promoting, and selling credit products to customers.
Skill in communicating complicated information, delivering bad news, and negotiating complex agreements effectively to achieve the best outcome for the Association.
Bachelor’s Degree in Agriculture, Agribusiness, Business, Finance, or a related field.
Loan Officer: 2 year of credit analyst experience. 0-2 years in sales, lending, or other related work.
Senior Loan Officer: 3-5 years of loan officer experience.
Or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
Experience and portfolio size can differ depending on experience and level of applicant.

Nice To Haves

Knowledge of local commodities
Ability to combine agricultural and business knowledge to build new relationships with agricultural customers.

Responsibilities

Manages, maintains, and grows an assigned portfolio through building relationships, managing credit, servicing loans, and ensuring proper loan documentation to be consistent with Association policies.
Meets with, collects, and enters data from customers and potential customers into internal software.
Analyzes financial data and makes recommendations for loan structure, terms, and conditions.
Recommends loan approval, denial, or modification for loans.
Negotiates loan structure and pricing for recommendation to customers and/or Loan Committee.
Orders and reviews appraisals.
Opening and ordering preliminary reports from a Title Company, along with the ability to analyze title searches.
Monitor past dues.
Verifies proper documentation are filed.
Verifies financial documentation and closing conditions.
Recommends product pricing.
Communicates credit decision and completes required steps for closing.
Contacts external parties to finalize details for loan closing.
Participates in the ongoing design of processes to provide exceptional service, achieve satisfactory credit administration goals, and result in achievement of targeted credit quality with adequate compensation for risk.
Services loans, including interest rate conversions, MERLOC extensions, re-amortizations, partial releases, fixed rate pricing assumptions, and collateral analysis.
Works with staff to identify and develop plans to reduce risk for at-risk credit.
Ensures regulatory compliance on loans by following Association policies and procedures.
May report market and commodity updates to management.
Analyzes and services non typical and complex loan application documents.
Reviews and ensures compliance of borrower’s reporting and restrictive covenants.
Recommends appropriate course of action (Distressed Loan Notice, advanced delinquent taxes, initiate foreclosure).
Maintains a professional presence and develops a network to the constituency the Association serves, Farm Credit system, financial institutions, and regulators.
Represents and promotes the Association at outside meetings and events.
Generates sales leads to develop sound business relationships and produce new business.
Educates customers on services and products offered by the Association.
Enters additional credit information into software.
Verifies documentation is accurate with title companies, legal department, and internal loan software.
Appropriately protects the confidentiality, security, and integrity of the Association’s systems, data, and clients’ data.
Understands, applies, and supports the Association mission and vision statement in a positive, professional manner at work and with customers in all settings.