F&M Bank (Farmers & Merchants Bank) · 1 month ago
LENDER I
Harrisonburg,VA,US
Full-time
Onsite
New Grad, Entry Level
0+ years expF&M Bank is a financial institution seeking a Lender I to examine, evaluate, and authorize or recommend approval/denial of Dealer loan applications. The role involves regular communication with dealerships and collaboration with internal departments to ensure compliance and maintain dealer relationships.
BankingCommercial InsuranceFinancial Services
Responsibilities
Review and evaluate loan applications received from Dealers
Analyze applicant financial information, credit reports, cash flow, collateral evaluations to determine credit worthiness
Ensure credit and collateral documentation is complete, accurate and in compliance with lending regulations
Exercise discretion and sound judgement in credit decision process
Direct communication with Dealers to approve and/or decline loan applications
Review Dealer loan packages for completeness or missing documents
Communicate with Dealers to correct document errors or missing documentation
Maintain, develop, and expand on current Dealer relationships
Service new and existing loan customers
Monitor loan portfolio to identify trends or problems in a timely manner
Assist Collections Officer in the collection of delinquent loans
Prepare daily and monthly reports for management review
Monitor Collateral Management system and take appropriate action as needed
Process collateral releases on paid off loans
Process and document declined and withdrawn loan applications
Perform other duties as required
Participates in Bank-sponsored and other community/civic events
Performs other duties as assigned
Qualification
Required
A minimum of six months related experience or equivalent combination of education and experience
Current driver's license to travel to other bank branch locations and other bank-related travel
Ability to communicate effectively orally and/or in writing
Ability to respond to sensitive inquiries
Ability to define problems, collect data, establish facts, and draw valid conclusions
Ability to prioritize and meet deadlines
Ability to work with limited supervision
Ability to work with and maintain confidential information
Proficient organizational skills with ability to function in a flexible work environment
Proficient in MS Excel and Word
Professionalism in dealing with customers and fellow employees
Preferred
A minimum of two years' related experience or equivalent combination of education and experience
Company
F&M Bank (Farmers & Merchants Bank)
F&M Bank is proud to be an independent community bank with an extensive history in the Shenandoah Valley.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Mike Wilkerson
Chief Executive Officer
Lisa Campbell
Chief Financial Officer
Company data provided by crunchbase