Retail Loan Officer- Magnolia Main

FARMERS BANK & TRUST COMPANY OF MAGNOLIA • Magnolia, AR

1d • Onsite

About The Position

Seeks out and writes profitable consumer, construction, and/or in-house mortgage loans for the bank. Manages loan portfolio of $10MM to $20MM in a manner that ensures asset quality and customer retention. Continually seeks to develop and grow portfolio.

Requirements

• Knowledge of a specialized field (however acquired), such as basic accounting, computer, etc.
• Equivalent of four years in high school, plus night, trade extension, or correspondence school specialized training, equal to two years of college.
• 3 years related experience and/or training.
• 1 to 6 months related management experience.
• The highest level of customer service, consistent with Farmers Service with Heart, is expected in the delivery of loans to customers and in working with co-workers.
• Must maintain confidentiality of bank customers.
• Must be familiar with lending and mortgage regulations.
• Must set an example to other employees by adhering to the Farmers Bank H.E.A.R.T. core values.

Responsibilities

• Seeks out and obtains quality loans for the bank through business development activities.
• Services loan portfolio and assists customers in bringing current their past due accounts.
• Reviews loan applications and credit reports; makes loan decisions based on that information.
• Prepares loan memos and works with loan processors to obtain all necessary documentation to complete loan files.
• Coordinates loan closings with loan assistants.
• Maintains current knowledge of the bank's loan policy, as well as legal and regulatory requirements regarding consumer, construction, and in-house mortgage loans.
• Performs various other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 101-250 employees