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17May

Commercial Banking Officer

MidwestOne Bank, Dubuque, IA

Commercial Banking Officer

 

Ensures loan agreements are complete and accurate according to policy and bank compliance regulations. Responsible for all documentation requirements for loans under her/his responsibility in conjunction with the Credit Administration/Loan Operations Departments. Assures timely loan closing and funding activities. Responsibilities

•Interviews applicants and underwrites all types of commercial and/or ag loans through existing loan policy guidelines. Collects and analyzes financial related data to determine the general creditworthiness of the prospect and the merits of the specific loan request; submits application to credit analyst for verification and recommendation.

•Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan or submits application to credit analyst for verification and recommendation.

•Establishes and negotiates where necessary the terms under which the credit will be extended, including the costs, repayment method and schedule and collateral requirements.

•Compiles loan package and facilitates negotiation of loan structure with applicant, including fees, loan repayment options, and other credit terms. Ensures loan agreements are complete and accurate according to policy. Promotes and cross-sells other banking products and services as appropriate to customer needs.

•Approves loans within specified limits or refers loans to loan committee for approval.

•Assures timely loan closing and funding activities.

•Works problem or delinquent loan accounts through the collection process in coordination with Credit Management personnel:  1.Monitors loan repayment activities and takes necessary action to collect from past due accounts.

•Advises customers, where possible, on business management and financial matters.

•Responsible for ensuring all applicable documentation requirements for loans under his/her responsibility in conjunction with the Credit Administration Department.

•May participate as a member of Senior Loan Committee and make presentations of loans needing approval to the committee.

•Calls on business customers and potential clients and promotes the Bank to enhance commercial banking relationships.

•Identifies and analyzes potential loan markets to develop prospects for commercial loans.

•May participate in the planning process for the region’s Commercial/Ag Banking Department.

•Assists the Lead Commercial Banking Officer in the market with designated credits and special projects.

•Other duties may be assigned

 

Qualifications

Bachelor's degree (B. A.) from four-year college or university preferred plus 3-5 years related experience, or equivalent combination of education and experience.

At MidWestOne Bank diversity is embraced and we are committed to equal employment opportunity regardless of race, color, religion, sex, national origin, sexual orientation, gender identity, creed, Veteran status, disability, or any other legally protected status. If you have a disability or special need that requires accommodation, please let us know.

 

 

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Job Details

Req Num --
ID 686737
Location
Dubuque, IA
Positions 1
Type
Employee
Status
Full Time
Pay --
Categories
Banking/Mortgage/Financial Services
Shifts
First Shift
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Retirement Plan
Paid Vacation
Paid Holidays
Tuition Reimbursement

Preferred Candidates

Years of Experience --
Education Bachelors

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