Loan Officer Jobs

About The Position

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.

Nice To Haves

• Lives within a commutable distance from our office in Amarillo, Texas.

Responsibilities

• Develops and manages loan portfolios including loan originations in the trade area served by the association.
• Works with complex loans and loan participation packages.
• Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
• Makes and services loans and leases within delegated authority and in accordance with association policies.
• Makes and/or conveys decisions on loan approval, structure and pricing.
• Responsible for exercising credit risk management responsibilities on loans within area of responsibility.
• Conducts complex credit analyses.
• Analyzes 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.
• Works 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 that such taxes are paid on the security.
• May assist with the 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.