What You'll Be DoingAs a Loan Officer Trainee with Bank Iowa, you will have the opportunity to work in several key areas of lending at Bank Iowa. Trainees will work closely with bank staff to gain knowledge and understanding of bank policies, procedures, and regulations. This position will also be exposed to several other areas of the bank to gain an understanding of their importance to the Lending Division. This role is designed as a training position that allows the trainee to gain the necessary experience and knowledge to become a Relationship Manager at Bank Iowa.
- Works closely with Relationship Managers to gain knowledge of the bank's lending processes, polices, and regulations.
- Works closely with Relationship Managers to learn the credit analysis and underwriting processes, as well as attends prospective and existing client calls.
- Participates in loan committee meetings to obtain a further understanding of loans.
- Completes a wide variety of data input, word processing, copying, correspondence, reports, memos, etc.
- Perform any other related duties as required or assigned.
This role can be based in either Humboldt, IA or Lawler, IA and will have the opportunity to travel to other locations in the North Iowa Region to train alongside experienced lending staff. This role will spend time in the following locations: Denison, IA; Humboldt, IA; Clear Lake, IA; and Lawler, IA. As a Loan Officer Trainee, you can expect the training period to last 12-24 months. Upon promotion to Relationship Manager I, this role will work in our North Iowa Region. RequirementsSkills/Experience You'll Need
- A bachelor's degree in finance, business administration, or a related field is preferred.
- Previous exposure to or coursework related to lending practices, banking operations, or credit analysis.
- Any experience in customer service, sales, or retail banking would be beneficial for developing strong client relationships.
- Flexibility to work in various locations across Iowa during the training period and after promotion.
What you'll love about usOur team members love working here, and the prevailing reason is this: our people. In addition to the great team you will be a part of, here are some of the other reasons why our team members love working here:
- A competitive financial package we want you to bring your best so in addition to your compensation, every team member receives a bonus opportunity, a generous 401k match, and discretionary profit sharing.
- Robust benefits and wellness - we are proud to offer health, dental and vision insurance as well as a wellness program designed to help drive down your premiums for benefits-eligible team members. Our wellness initiatives promote positive change and allow our team members to think big.
- Blending work and life - As a people-centered organization, each team member is provided a generous PTO bank. Bank Iowa team members receive 11 paid observed holidays, 100% paid parental leave, an opportunity for sabbatical leave, generous bereavement, and an employee assistance program designed to support team members throughout various stages in their lives.
- Continued learning opportunities - Bank Iowa enables great things and supports team member development at every stage of your career. Our development approach focuses on your innate talents and developing those into areas of strengths. Learning experiences are available in formal & informal training settings, as well as, on-the-job training. Development programs are available in-person and online. Our tuition reimbursement program is available to support formal education programs.
- Community Involvement - Our team members are active members of their communities and people-centered. Bank Iowa aspires to be a center of influence in each of the 22 communities we are located in. In addition to company-sponsored volunteer opportunities, we offer paid volunteer time off (VTO), which allows team members to give their time to organizations they care about, without having to use PTO.
- Recognition - Bank Iowa is proud of our team members who Live our Values . Our peer nominated recognition program presented annually, recognizes and celebrates team members who exemplified our values from the past year.
Our People-Centered CultureAt Bank Iowa our purpose is to Empower People, Inspire Success and Foster Growth. Bank Iowa is one of the leading independent Ag banks and the second-largest family-owned bank in the state of Iowa. Our bank family consists of team members and clients throughout Iowa who we serve in our 22 communities.At Bank Iowa, we're proud to put people first, and we value our team members as much as our clients. We support team member development by focusing on their innate talents and developing those into areas of strength. We offer an environment where people care about each other like family. If you're looking for a career with colleagues who have the opportunity to bring their best, think big, and enable great things, Bank Iowa is the place for you.Bank Iowa is an equal opportunity employer with a passion for creating an inclusive environment where all people are truly welcomed, valued and respected - for all of who they are - regardless of differences. All applicants will be considered for employment without