Loan Officer

Pinnacle Bank/Bank of Colorado•Thornton, CO

22d•$115,000 - $160,000•Onsite

About The Position

Manages a portfolio of all types of loan/depository accounts. Responsible for prospecting new customers and cross-selling other banking services. The salary for this position is $115,000 - $160,000 per year.

Requirements

Knowledge of agriculture, commercial and consumer lending procedures.
Knowledge of credit structuring.
Knowledge of general banking principles and banking.
Knowledge of sales and marketing practices and principles.
Skill in communicating with clients and co-workers in courteous and professional manner.
Skill in operating computer terminals and printers.
Skills in pricing loans.
Ability to maintain a high level of confidentiality.
Ability to problem solve.
Ability to make sound decision using information at hand.
Ability to demonstrate accuracy and efficiency in a fast-paced environment.
Ability to function as a team player.

Nice To Haves

College degree preferred
Three years lending experience is preferred.

Responsibilities

Prospects new customers and solicits new loans.
Cross-sells other banking services to new and existing customers.
Maintains on-going customer contact to ensure good customer relations.
Performs on-going management of a portfolio of all types of account relationships, including account reviews, problem solving, research and follow-up to internal account errors.
Interviews loan applicants: gather and evaluate financial and related data to establish credit worthiness.
Monitor customers’ financial condition.
Reviews and approves or denies loan request to new or existing customers up to a pre-determined limit.
Prepares action memos to be reviewed by management and presents credits exceeding authority to the loan committee.
May serve and vote as a member of the bank loan committee.
Monitors loan repayment activities, take necessary action to collect past-due accounts.
May participate in preparation of department budget, goals and objectives and strategic planning.
Participates in civic and community organizations, representing the bank, but following personal interests.
Attends customer and bank sponsored events.
Performs other related duties as assigned by management.
Ability to maintain regular and reliable attendance.

Benefits

8 paid holidays
17 PTO days each year for the first five years of employment
16 hours of paid sick time upon hire date
health, dental, prescription drug card, vision, and voluntary life insurance plans
health savings account with employer contributions
flexible medical and dependent care spending plans
401K plan after 3 months and start of next quarter with employer contributions and profit sharing
$50,000 group term life insurance
long term disability insurance
employee assistance program