Loan Officer Trainee

GENERAL DESCRIPTION OF POSITION

The Loan Officer Trainee trains to assume loan officer responsibilities by performing the functions of the various positions in the Bank's lending-related areas. This position performs lending-related projects as they are assigned. 

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Performs the functions of various positions within the bank for training purposes such as the following:  Credit analysis, Appraisal review, Inspections, Loan operations, Collections.

2. Directly assists assigned Loan Officer.

3. Attend various lending and compliance training sessions as assigned.

4. Interview loan applicants, collecting financial and related data.

5. Analyze financial and related data for use in determining creditworthiness.

6. Prepare Loan Offering Memos, Modifications, and all supporting material, then present orally to individuals and committees.

7. Work past-due accounts assigned.

8. Make joint calls on potential or existing customers with experienced loan officers.

9. Originate loans with approval of supervisor.

10. Perform and document collateral inspections, prepare file notes.

11. Attend all Officers Loan Committee meetings.

12. Assist the Senior Lending Officer with Board and other management reports as needed.

13. Clear new and existing credit and collateral exceptions for assigned lender(s).

14. Completes required BSA/AML training and other compliance training as assigned.

15. The ability to work in a constant state of alertness and in a safe manner.

16. Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 2 years related experience and/or training, or equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to write reports, business correspondence, and policy/procedure manuals;  Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

CRITICAL THINKING SKILLS

Ability to utilize common sense understanding in order to carry out written, oral or diagrammed instructions. Ability to deal with problems involving several known variables in situations of a routine nature.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

SOFTWARE SKILLS REQUIRED

Intermediate: 10-Key, Accounting

WORKING CONDITIONS

Periodically exposed to such elements as noise, intermittent standing, walking, occasionally pushing, carrying, or lifting; but none are present to the extent of being disagreeable.

ENVIRONMENTAL CONDITIONS

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

PHYSICAL ACTIVITIES

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.

Moderate diversity, low physical. Work activities which allow for a moderate amount of diversity in the performance of tasks which are not as varied as those positions with high-level diversity and decision-making.

While performing the functions of this job, the employee is regularly required to sit; occasionally required to stand, walk. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

ADDITIONAL INFORMATION

-College graduate with degree in business, finance, accounting, or economics or a minimum of 2 years banking experience with demonstrated knowledge of basic principals of accounting, finance, and economics.

-Should be analytically minded, sales oriented, and possess good judgment 

-Proficient in Microsoft Word and Excel

-Good oral and written communication skills

-Applicant needs to have the ability to lift 15 lbs