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Loan Officer

Merchants Bank
Mapleton, ND Full Time
POSTED ON 1/23/2024 CLOSED ON 2/24/2024

What are the responsibilities and job description for the Loan Officer position at Merchants Bank?

Overview:

Merchants Bank of Mapleton is looking to add an experienced loan officer to our growing branch

Responsibilities:

· Engages in business development activities and solicitation of new business.

· Follow all bank policies as well as State and FDIC regulations.

· Gathers and analyzes financial information.

· Participate in local community events.

· Prospecting new farm and commercial loan customers.

· Responsible for proper file documentation for assigned loan customers.

· Keep up to date with current agricultural market trends.

· General understanding of commercial and agricultural machinery values.

· Keep current on all FSA, SBA, and BND loan programs.

Qualifications:

· Strong commitment to customer service

· Strong communication skills

· 2 years lending experience

· Bachelor’s degree in business, finance, ag related field, or similar experience

· Knowledge of related State and federal lending and compliance requirements

· Experience in analyzing credit requests

Compensation:

· Competitive compensation package depending on experience

Job Type: Full-time

Pay: $50,000.00 - $80,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Life insurance
  • Opportunities for advancement
  • Paid time off

Compensation package:

  • Bonus opportunities
  • Profit sharing

Payment frequency:

  • Paid biweekly

Schedule:

  • 8 hour shift
  • Monday to Friday

Work setting:

  • In-person

Experience:

  • Lending: 2 years (Preferred)

Work Location: In person

Salary : $50,000 - $80,000

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