Commercial Loan Officer

Commercial Loan Officer Midwest Bank 613 Hwy 10 E, Detroit Lakes, MN 56501 Job Description Solicits, develops, originates, maintains, and services profitable high quality commercial, real estate and consumer lending relationships with customers while adhering to all lending policy and compliance guidelines. Represents Midwest Bank through community involvement. Essential Functions Solicits new lending customers by professionally developing and maintaining external and internal referral sources. Manages existing relationships by proactively seeking additional business, promptly working future maturities, and participating in annual review process to determine if additional lending needs are present. Develops positive working relationships with mortgage, retail, and investment areas in order to build strong customer relationships. Maintains product knowledge in a manner that allows for qualified referrals to other areas. Maintains knowledge and understanding of Midwest Banks lending policy and credit administration procedures and performs all responsibilities according to these guidelines. Interviews loan applicants completing all documentation as required by compliance and lending policy guidelines. Completes a thorough, analysis of all new credit requests, credit changes, renewals, and annual relationship reviews, through collection and analysis of financial statements and tax returns. When required, prepares and present accurate and effective credit presentations. Approves lending requests up to established lending limits in accordance with lending policy. Assigns risk ratings according to policy. Proactively identifies and manages ongoing risk through careful review of financial statements, tax returns, overdraft reports, and past due loans. Proactively recommends risk rating changes when analysis merits. Participates, on a rotating schedule as required by policy, as a member of Officer Loan Committee reviewing and analyzing credits presented. Ensures proper loan documentation is completed in accordance with all required compliance and lending policy guidelines. Completes file comments and annual reviews of credits as required by lending policy. Monitors loans in repayment and actively collects past due loans. When necessary, may act as a workout lender with Senior Management and Customer to minimize losses. Participates in various community and business organizations and events. Responsible for protecting the privacy of sensitive business and customer information by following all confidentiality, security, and safeguarding customer information policies and control procedures. Other projects and responsibilities may be added at the company's discretion. Education & Experience Bachelors degree from four year college or university in Business, Finance, Economics, or related field. Prior lending and/or credit analysis experience in a bank environment may substitute for education. Critical Skills Strong communication, organizational, analytical, and interpersonal skills. Strong credit analysis and risk management skills. High customer service values. About Us Midwest Bank is a locally owned, community focused bank committed to building lasting relationships with both our customers and employees by consistently exceeding their expectations. We look for employees who will provide exceptional service and embrace our values of Community, Integrity, Quality, Genuine Care, Teamwork and Balance. Midwest Bank offers a friendly team-oriented work environment with a competitive compensation and benefit package. Benefits associated with this full time position include health insurance, dental insurance, life insurance, short and long term disability, PTO, paid holidays, 401K plan with Employer match, 401K profit sharing, cash bonus and more! How to Apply For consideration, please apply online at #J-18808-Ljbffr