Loan Officer Assoc

MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS:

Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field, or

equivalent experience and one (1) to two (2) years of related experience in the lending field.

JOB PURPOSE AND SCOPE:

Recommends or approves small, routine loans in assigned territory within the limits of specific

delegated authority. May develop and manage loan portfolios including loan originations in the trade

area served by the association. Has prescribed limits for decision making; works under moderate

supervision.

ESSENTIAL FUNCTIONS:

1. Assists prospective and current borrowers with their credit needs and with formulating

solutions to credit related issues.

2. Makes and services loans and leases within delegated authority and in accordance with

association policies. Makes and/or conveys decisions on loan approval, structure and pricing.

Responsible for exercising credit risk management responsibilities on loans within area of

responsibility.

3. Works closely with more senior loan officers and other staff to gain a sound understanding of

credit analysis. Conducts simple credit analyses. Analyzes balance sheets, income statements,

and cash flows of potential borrowers to ascertain creditworthiness. Maintains current,

adequate and verified financial information on borrowers and guarantors as required by

association policy.

4. Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct

and performance status assignments are proper.

5. Complies with proper credit administration practices as outlined in the association’s policies

and procedures.

This job has been benchmarked to Loan Officer Associate

6. Works with one or more assigned appraisers to gain an understanding of the appraisal process.

Obtains appropriate evaluations for the credit being extended and ensures they are in

compliance with district and association standards and procedures.

7. Performs loan servicing tasks, which may include partial releases, subordination’s to mineral

leases and right of ways, division orders, re-amortizations, assumptions, severance

agreements, insurance claims, additional advances, extensions and conversions.

8. Works closely with more senior loan officers and other staff to gain a sound understanding of

the loan classification process. Assists with monitoring and reporting overall loan portfolio

conditions and other reporting as necessary.

9. Assures that adequate insurance coverage is maintained as required by loan conditions and

monitors ad valorem taxes to insure that such taxes are paid on the security.

10. May assist with the title examination process on prospective loans to ensure validity of liens on

property pledged as collateral or security interest on chattels. Prepares loan closing packages

and facilitates the loan closing process as required in accordance with all applicable

association and FCA policies and regulations.

OTHER DUTIES:

May assist with or attend public relations functions for the association. May assist senior level staff

and management with collection processing.

SKILL REQUIREMENTS:

General knowledge of accounting/financial systems. Specialized knowledge of accounting/finance

principles. Skill in oral and written communication. Basic skill level in Microsoft Office applications.

Ability to perform basic accounting/financial analyses under moderate supervision.

PHYSICAL ACTIVITIES:

Ability to sit for long periods of time. Ability to stand for limited periods of time. Ability to walk for moderate distances. Frequent finger/hand manipulation (e.g. keyboard, office equipment, small hand tools, etc.) Occasional lifting, carrying, pushing, and/or pulling while exerting up to 50 pounds of force. 

WORKING RELATIONSHIPS:

Frequent interaction with customers, association departmental staff and management. Occasional

interaction with association senior management, CEO, and/or board of directors. Occasional

interaction with Farm Credit Bank of Texas staff. Frequent interaction with area professionals

including real estate agents, commercial bankers, and others who deal with the association in the

normal course of business.

POLICY AND COMPLIANCE:

This job has been benchmarked to Loan Officer Associate

Compliance with FCBT and Association technology and security standards is required.

NOTICE:

This job description in no way states or implies that these are the only duties to be performed by the

employee occupying this position. Employees will be required to follow any other job-related

instructions and to perform any other job-related duties requested by the supervisor.

This position may frequently become involved in or be made aware of confidential business or

personal information as a result of interactions 1) arising under its Job Purpose and Scope, 2) arising

from other assigned responsibilities or 3) with other employees. It is an expectation and requirement

of the job that confidential information of the bank, its associations and their customers be handled in a

professional manner and not be disclosed without approval or used for personal gain.

Non-compliance with privacy or confidential information requirements or expectations can result in

disciplinary action up to and including termination of employment.

All requirements are subject to possible modification to reasonably accommodate individuals with

disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to

the health and safety of themselves or other employees.

Regular attendance is required in this job.

This document does not create an employment contract, implied or otherwise, other than an "at will"

employment relationship.