Job Description
Our team offers great benefits including: paid vacation, holidays and sick leave; health and dental insurance; 401k with matching contributions; volunteer paid time off; banking benefits; and more! This is a great opportunity for the right candidate.
Position Overview
Develop new commercial loan business for First Western Bank & Trust through securing, structuring, and closing loans. Maintain and service existing commercial lending portfolio.
Essential Job Functions
- Conduct sales calls and meet with prospective and existing customers to establish new loan business
- Represent the bank in local community at meetings and events to market the bank’s products and services
- Administer individual loan portfolio including commercial and other assigned loans
- Interview loan customers to determine lending needs
- Work with the Small Business Administration and Bank of North Dakota to qualify customers for participation lending programs
- Negotiate direct lending terms as well as collateral and payment structures
- Maintain customer relationships through regular communication and follow up contact
- Meet with customers to request information for loan applications, including appraisals, credit reports, background checks and other information needed for loan evaluation
- Compile financial information including income tax records, balance sheets and other data to create loan spreads
- Analyze applicant financial status and conduct collateral evaluations to make lending decisions
- Approve credits up to lending authority and prepare those credit requests that exceed lending authority for Board approval
- Assemble and maintain complete loan files
- Conduct loan reviews on existing customers annually
- Collaborate with management on loan policies and procedures and make recommendations for improvement
- Participate in the bank’s loan committee
- Review loan reports to determine the status of payment and work with customers to collect outstanding balances
- Ensure documentation complies with bank policy as well as State and Federal Regulations
- Maintain continuing education related to lending certification and compliance standards
- Remain up-to-date with banking laws, regulations and the Bank’s policies and procedures, including Bank Secrecy Act compliance
Other Duties
- Conduct site visits and collateral inspections as necessary
- Other duties, responsibilities and activities may be assigned with or without notice
Qualifications
- Bachelor’s degree in business or finance related field
- 5 years’ experience in bank lending, loan review, compliance or finance
- Strong understanding of financial statements and credit standards
- Knowledge of business management principles preferred
Skills/Abilities
- Excellent oral and written communications skills
- Demonstrate professionalism in working with the public and all levels of management
- Ability to define problems, facts and draw valid conclusions
- Strong analytical, problem solving and decision-making skills
- Computer proficiency, especially in Microsoft Excel
First Western Bank & Trust is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin.