What are the responsibilities and job description for the Loan Officer position at Security State Bank & Trust?
Description
Join the Security State Bank & Trust family.
Since 1941, we have helped build the communities we call home. Our employees come first in our company's core values: We Care, We Do What is Right, and We Go Above & Beyond. Our financial strength and growth continue to provide long-standing careers and opportunities to our employees. As we grow and add to our competitive banking products and services, we seek to expand our team with high-touch, service-oriented individuals to continue our great success.
Our comprehensive benefits include, but are not limited to:
- Flexible paid time off
- 10-12 paid Holidays, weekends off
- 401(k) with a guaranteed 3% employer contribution and up to 3% additional match
- Employer-paid life insurance and disability
- Competitive health, dental, and vision plans
- Wellness Program
- Access to free or reduced-cost bank products & services
Position Summary:
Loan Officers will be responsible for building and maintaining loan portfolios. Loans will meet established guidelines being compliant with bank policy. Process and service loans for existing and prospective bank customers. Perform loan servicing responsibilities and assist with monitoring and reporting loan conditions.
Responsibilities:
- Promote and emulate SSB&T Core Values
- Ability to provide excellent customer service in the Bank, on the phone or via email
- Call on prospective applications
- Accept credit applications
- Evaluate a potential borrower’s loan application, financial capacity, and credit worthiness
- Approve/deny a loan request within lending limit
- Prepare/present loans to Loan Committee if loan amount exceeds set lending limit- “deviates from policy”
- Professionally & effectively, communicate between all departments/branches of the Bank
- Monitor the funding of an approved loan
- Ensure closing of loans with customers
- Maintain responsibility for loan files, manages a portfolio of diverse loans; both consumers and commercial
- Community involvement
- Attend offsite meetings and trainings; complete web based training as scheduled by Training Department
- Coordinate collection efforts and disposition of collateral if needed
- Inspect secured collateral
- Assist branch opening/closing, balancing
- Review documentation for accuracy and collateral
- Other duties as assigned
Requirements
- Experience in banking
- Experience in MS Office
- Formal credit training is preferred
- BBA preferred or business/banking experience
- 6 hours Accounting coursework preferred
- Good oral and written communication skills
- Ability to perform intermediate financial analysis under limited supervision