Loan Officer

Summary: The Loan Officer I is responsible for building and maintaining relationships with customers to foster repeat business and referrals. The person in this role assists customers with loan applications, evaluates their creditworthiness and ensures that loans are approved and disbursed in accordance with company policies and regulations. Essential Functions & Responsibilities: Participates in networking events and professional organizations to generate leads and expand the customer base. Collects and reviews loan applications, ensuring that all required documentation is complete and accurate. Analyzes applicants’ financial data, credit history and other relevant information to determine loan eligibility. Reviews and develops action plans for delinquent loan accounts including initiating customer contacts and collecting loan payments. Meets with prospective borrowers to determine financing objectives and goals, recommends appropriate loan products; and, communicates loan decision to customer using appropriate method within guidelines. Uses sound judgement to exercise loan authority within lending limits. Prepares and provides loan requests to the appropriate loan officer when loan exceeds lending authority. Ensures that all loan activities comply with federal, state and local regulations, as well as bank policy and procedure. Solicits Bank products and services where appropriate to enhance consumer and business relationships. Coordinates with appraisers, attorneys and closing agents to ensure that all necessary documents are received in order to facilitate a timely and compliant loan closing. Maintains accurate and up-to-date records of loan transactions, customer interactions and other relevant information. Prepares regular reports on loan activities, performance metrics and pipeline management for management review. Fosters a positive work environment and promotes employee engagement and satisfaction. Completes annual required training within communicated timeframes. Assumes additional responsibilities as required. Education & Experience: Bachelor’s degree in Business Administration or related field preferred. Minimum of 5 years of banking or loan operations experience required. Strong understanding of loan products, underwriting guidelines and regulatory requirements. Excellent communication and interpersonal skills. Ability to work in a fast-paced environment and manage multiple tasks simultaneously. Ability to maintain confidentiality; handle sensitive information with discretion. Fluent in Microsoft Office (Word, Excel, Outlook), as well as lending software and core system. Physical Requirements: Office Setting (majority), and occasional local travel. Adequate vision for significant amount of computer work. Required to stand, walk and sit; talk and hear (both in person and by telephone); repetitive use of hands and fingers to handle or feel objects or controls; reach with hands and arms. Occasional lifting. Pay is commensurate with experience. Pay: $41,000.00 - $45,000.00 per year Benefits: 401(k) matching Dental insurance Employee assistance program Flexible spending account Health insurance Life insurance Paid time off Referral program Vision insurance Work Location: In person