Loan Officer

We are searching for a full-time in office Loan Officer to work in our Perryton, Texas location. This position recommends or approves loans in assigned territory within the limits of specific delegated authority, as well as develops and manages loan portfolios including loan originations. The role will assist with or attend public relations functions for the Association. Day-to Day-Duties and Responsibilities Responsible for developing and marketing new business within their service area. Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues. Makes and services loans 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. Conducts simple to moderately complex 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. Performs loan servicing tasks, which may include partial releases, subordination's to mineral leases and right of ways, division orders, reamortizations, assumptions, severance agreements, insurance claims, additional advances, extensions and conversions. Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are proper. Complies with proper credit administration practices as outlined in the Association’s policies and procedures. Performs collections on assigned loans and assists senior-level staff and management with collections on all loans in the portfolio. Works with delinquent borrowers to obtain satisfactory loan performance. 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. May assist with the title examination process on perspective 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. What You Bring to the Team Our ideal candidate lives within a commutable distance from our office in Perryton, Texas. It is an important role that covers many skills. This position requires: Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field, or equivalent experience. Two (2) or more years of loan officer, commercial lending, and/or sales experience. Agricultural background preferred. General knowledge of the following: General knowledge of accounting/financial systems. Specialized knowledge of accounting/finance principles. Skill in oral and written communication are required. Basic skill level in Microsoft Office applications. Ability to perform basic to intermediate-level accounting/financial analyses under moderate supervision. #J-18808-Ljbffr Farm Credit Services