Loan Officer - Regency Lakes

Peoples Bank and Trust•Wichita, KS

2d•Onsite

About The Position

The Loan Officer works directly with clients to assess eligibility for loan products and recommend consumer, commercial, and agricultural lending solutions suited to their personal or business needs. The position reviews and analyzes applications to independently evaluate, approve, or recommend credit requests in accordance with bank policies and lending guidelines. It also prepares and maintains required loan documentation to ensure compliance with applicable regulations and internal policies. The role requires knowledge of the bank’s loan services, related policies and procedures, reports used to track outstanding loans, and business finance principles. The Loan Officer works with customers and local referral partners in a professional office environment. Occasional additional hours outside regular bank service hours may be needed to complete tasks.

Requirements

High school diploma or equivalent required.
Full knowledge of Peoples Bank and Trust loan services.
Understanding of PBT policies and procedures related to loan services.
Functional understanding of reports required to maintain and track outstanding loans.
Sound understanding of business finance principles and advisement.
Attention to detail; strong written and verbal communication; self-motivation and self-management; consistent task follow-through; problem-solving; organization; analytical and interpersonal skills; customer relationship building; time management; computer literacy; and ability to multitask.
Ability to speak effectively and communicate clearly, read, analyze, and interpret documents, and perform basic arithmetic using whole numbers and common fractions.
Ability to work with a variety of variables under limited standardization.
Ability to type regularly and use hands to operate a mouse; ability to occasionally lift or move up to 20 pounds and stand, sit, bend, kneel, squat, and walk for extended periods.

Nice To Haves

Bachelor’s degree in Business, Finance, or a related field preferred.
Two or more years of banking experience preferred.

Responsibilities

Evaluate application data and advise prospective borrowers on suitable commercial, agricultural, and consumer loan products.
Help customers complete initial loan applications; review submissions for accuracy and completeness, and request additional information as needed.
Verify information and financial history provided by borrowers, including obtaining credit reports from major credit reporting agencies.
Analyze applications and assess borrower creditworthiness; approve, deny, modify, or recommend decisions on loan requests according to lending guidelines.
Approve loans within assigned lending authority and refer requests exceeding approval limits to management for review and approval.
Ensure loan agreements are completed according to bank policies and procedures; calculate and explain payment schedules and loan terms to customers.
Explain lending products, credit options, and related bank services to prospective and existing customers.
Maintain accurate lending records, credit files, and supporting documentation.
Develop and maintain a local referral network, including builders, real estate agents, and other business partners.
Perform other duties as assigned.