Job DetailsJob LocationMaquoketa State Bank Main - Maquoketa, IADescriptionTo apply for this position, go to our website Ohnward Bancshares, Inc. www.ohnward.com
POSITION SUMMARY The Consumer Lender develops and services consumer loans including auto and unsecured personal loans. This position is responsible for developing and managing a portfolio of loans in accordance with bank policies. Solicitation, management, and retention of banking relationships will be the primary job responsibility to generate interest income, deposit balances, and loan fee income. KEY ORGANIZATIONAL RELATIONSHIPS
- Reports to 1st Vice President, Manager of Consumer Lending
- Works closely with customers and key stakeholders.
DUTIES AND RESPONSIBILITIES Essential Duties and ResponsibilitiesTo perform this job successfully an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Grows revenue as by successfully prospecting for new business and retaining and expanding existing customer relationships.
- Approves loans within assigned limits, manages loan and portfolio credit quality, sources prospects and develops new customer relationships.
- Provides financial advice to customers and sells appropriate bank products and services to those prospects and clients.
- Identifies and successfully capitalizes on cross-sell opportunities and makes appropriate referrals.
- Calls on potential or existing customers to develop new business and increase or retain existing business.
- Negotiate credit terms, and prepare credit analysis and repayment for approvals.
- Interview applicants to determine financial eligibility and feasibility of granting loans. Gathers personal information about clients and businesses to ensure that an informed decision is made regarding the creditworthiness or the borrower and the probability of repayment.
- Review submitted loan application file to analyze, interpret and evaluate financial information and loan documentation to assess borrower capacity, cash flows, character, collateral, and condition to honor his or her obligations.
- Become familiar with the Elan Credit Card services products and services and be able to relay that to client to best meet their needs.
- Work to contact borrowers with delinquent loan accounts to help them find a method of repayment in order to avoid their defaulting on the loan.
- Work assigned Saturdays to meet the demands of clients.
- Work to grow the bank's reputation by community outreach and involvement.
- Operate in compliance with laws and regulations and adhere to lending compliance guidelines.
- Participates in civic and community activities to generate visibility for the bank.
- Perform other duties as assigned.
SKILLS AND ABILITIES To perform this job successfully, an individual should demonstrate the following knowledge, skills, and abilities.
- Proven working experience in financial analyzing or lending.
- Strong financial skills and ability to develop and interpret financial statements applied to business accounting and finance principles are required.
- Familiarity with computers and banking applications/software.
- Solid understanding of direct/indirect lending products and practices.
- Excellent communication and interpersonal skills.
- Ability to work in a goal oriented environment.
EDUCATION AND EXPERIENCE
- Bachelor's Degree in Finance, Economics or related field; minimum 5 years lending experience and/or training; or equivalent combination of education and experience.
- Related work experience should consist of a financial analyzing or lending background.
- Qualifications: experience in commercial credit, analysis and business development; knowledge of cash management products; knowledge of federal state laws and regulations relating to commercial banking; current driver's license with appropriate insurance coverage.
BENEFITSStakeholder BonusHealth InsuranceDental InsuranceRetirement Plan (401k) 3% Safe Harbor Contribution + Discretionary Contribution10 Observed HolidaysPTOGroup Term Life providedShort Term Disability - 100% provided by companyLong Term DisabilityMaternity/Paternity Leave 100% of payCommunity InvolvementPay-It-Ohnward Company Giving ProgramGrilling for Charity Community DonationsThank God Its Monday (TGIM) Company EventTo apply for this position, go to our website Ohnward Bancshares, Inc. www.ohnward.com
Equal Opportunity Employer