Sr Loan Officer

Plains Land Bank, FLCA • Amarillo, TX

22d • Onsite

About The Position

Plains Land Bank is seeking a full-time, in-office Senior Loan Officer for its Amarillo, Texas location. This role is responsible for processing and approving loans within an assigned territory, adhering to delegated authority and association policies. The position involves evaluating and servicing larger, more complex loans, and developing and managing loan portfolios, including originations within the association's trade area. The Senior Loan Officer operates with considerable decision-making latitude and under minimal supervision.

Requirements

• Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field, or equivalent experience.
• Three (3) or more years of experience as a loan officer or related agricultural lending experience.
• General knowledge of accounting/financial systems.
• Specialized knowledge of accounting/finance principles.
• Skill in oral and written communication.
• Intermediate skill level in Microsoft Office applications.
• Ability to perform intermediate-level accounting and financial analyses under limited supervision.
• Lives within a commutable distance from the Amarillo, Texas office.

Responsibilities

• Develops and manages loan portfolios, including loan originations in the association's trade area, and works with complex loans and loan participation packages.
• Assists prospective and current borrowers with their credit needs and formulates solutions to credit-related issues.
• Makes and services loans and leases within delegated authority and in accordance with association policies, making decisions on loan approval, structure, and pricing.
• Responsible for exercising credit risk management responsibilities on loans within the area of responsibility.
• Conducts complex credit analyses, including analyzing balance sheets, income statements, and cash flows of potential borrowers to ascertain creditworthiness.
• Maintains current, adequate, and verified financial information on borrowers and guarantors as required by association policy.
• Performs loan servicing tasks, which may include partial releases, subordinations, division orders, reamortizations, assumptions, severance agreements, and insurance claims.
• Ensures that all assigned loans are properly risk-rated, assigned loss given defaults are correct, and performance status assignments are proper.
• Complies with proper credit administration practices as outlined in the association’s policies and procedures.
• Performs collections on assigned loans and assists management with collections on all loans in the portfolio, working with delinquent borrowers to obtain satisfactory loan performance.
• Assures that adequate insurance coverage is maintained as required by loan conditions and monitors ad valorem taxes to ensure they are paid on the security.
• May assist with title examination on prospective loans to ensure validity of liens on property pledged as collateral or security interest on chattels.
• Prepares loan closing packages and facilitates the loan closing process as required in accordance with all applicable association and FCA policies and regulations.
• May perform collateral evaluations in compliance with district and association standards and procedures.
• May assist with or attend public relations functions for the Association.
• Other duties as assigned.

Benefits

• Competitive salary
• Annual incentive plan
• Affordable health benefits, including medical insurance, prescription drug coverage, dental insurance, vision care, flexible spending accounts, and more.
• 401(k) plan that includes an employer match (up to 4%) plus an additional employer contribution (up to 5%), both of which vest on the first day of employment.
• Employer paid long-term disability and life insurance.
• Generous vacation leave, sick leave, and up to thirteen paid holidays.
• Up to two days per year to volunteer in local community organizations, services, or events.
• Ongoing professional development opportunities.

What This Job Offers

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