Senior Loan Officer at MBT Bank

Forest City, Iowa, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Jan, 26

Salary

0.0

Posted On

08 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Management, Lending Policies, Financial Analysis, Regulatory Compliance, Stakeholder Engagement, Team Building, Community Relations, Credit Approval, Risk Assessment, Loan Review, Interest Rate Recommendations, Performance Monitoring, Collection Activities, Deposit Growth, Executive Management, ALCO Committee Participation

Industry

Banking

Description

Description POSITION SUMMARY The Senior Loan Officer is responsible for the bank’s loan portfolio. Ensure that applicable bank lending policies are implemented and followed. Member of Executive Management team. ___________________________________________________________________ ESSENTIAL FUNCTIONS Reasonable Accommodations Statement To accomplish this job successfully, an individual must be able to perform, with or without reasonable accommodation, each essential function satisfactorily. Reasonable accommodations may be provided to help enable qualified individuals with disabilities to perform essential functions. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following: Develop, recommend, and oversee implementation of loan objectives, lending policies, and operating procedures. Ensures that they are consistent with overall bank policies, objectives and goals. Assist with internal loan review process. Maintain a thorough understanding of all bank deposit products and services to help in procuring deposit growth. Make recommendations for interest rates, fees and other charges that are consistent with overall bank policies and are competitive and profitable for the bank. Serves on the ALCO committee. Member of the Executive Loan Committee. Approve or reject loans exceeding the credit authority of the loan officer handling the account. Review and monitor lender’s performance and adherence to bank’s lending policy and compliance procedures. Assist with all loan reporting to the Board of Directors including examination findings. Extensive knowledge of all applicable state and federal regulatory lending code requirements. Assist with each lending officer’s complex relationships. Assist with non-performing loans, troubled assets, and collection activities. Participate in branch visits for the purpose of team building and customer engagement. Build relationships with stakeholders in the community. Projects a positive presence of the MBT Bank brand in the marketplace through participation in community activities and marketing opportunities. Any other functions, duties or responsibilities as assigned. Requirements Education: Bachelor’s Degree in business, finance or accounting preferred. Experience: 10-15-years banking experience including management of complex loans and lending function administration or comparable experience. Advanced specialized knowledge in finance and business administration.

Responsibilities

The Senior Loan Officer is responsible for overseeing the bank's loan portfolio and ensuring compliance with lending policies. This role involves developing loan objectives, assisting with loan reviews, and building relationships within the community.