Great Plains Bank · 6 hours ago
COMMERCIAL LOAN OFFICER
Edmond Branch - Edmond, OK 73013
Full-time
Onsite
Mid Level
3+ years expGreat Plains Bank is a financial institution seeking a Commercial Loan Officer. This position is responsible for developing a loan portfolio and promoting the Bank's services, as well as evaluating and recommending approval of customer applications for various types of loans.
BankingFinancial ServicesInsurance
Responsibilities
Adheres to Loan Policy and Procedures set forth by the bank
Gather pertinent information for loan application, interview applicant to determine loan requirements, and requests applicant credit reports, reference checks, and other information relevant to evaluating credit
Analyzes applicant financial status, credit, and asset evaluation to determine feasibility of granting loan
Compiles loan package and facilitates negotiation of loan structure with applicant, including fees, loan repayment options, and other credit terms
Ensures loan agreements are complete and accurate according to establishment policy
Assures timely loan closing and funding activities
Identifies and analyzes potential loan markets to develop prospects for consumer loans
Advises loan manager of external factors that may affect establishment lending policies, such as new or revised legislation and regulations
Promotes and cross-sells other establishment products and services as appropriate to customer requirements
Develops credit summary information for use by lending officers or committees in making lending decisions on new, renewal, and extension loans
Reviews all pertinent credit and financial information, including reporting services, credit bureaus
Determines the need for more thorough investigation or additional information, and contacts appropriate sources for such information
Analyzes financial statements (historical, budget, and projected financials) and related materials
Prepares summary, presents facts, and offers opinions concerning credit worthiness and ability to service debt to loan officers or committees
Periodically reviews all credit, loan and collateral files to ensure that information is current and reports any difficulties to the loan officers. Monitors files to assure that up-to-date financial statements, accounts receivable, aging and other items are available for all credits requiring such information and reports to the interested party
Assist in other credit risk management functions such as loan review, construction loan monitoring, borrower base review, and other related items
Qualification
Required
Bachelor's degree in a related field, such as finance or business administration; or three-five years related experience in a commercial credit analyst role and/or training; or equivalent combination of education and experience
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
Ability to read, analyze, and interpret technical procedures and/or governmental regulations
Ability to write reports, business correspondence, and procedure manuals
Ability to effectively present information and respond to questions from other employees, customers and the general public
Ability to calculate basic math figures and amounts
Ability to apply concepts of basic algebra and geometry
Knowledge of Microsoft Internet Explorer and Microsoft Office software
Ability to lift and carry cash drawers, coin bags, and boxes sometimes weighing as much as 25 pounds
Preferred
Previous experience with CRE and C&I with demonstrable understanding of CAPEX, EBITDA, CAP rate and other financial analysis functions
Company
Great Plains Bank
Great Plains Bank offers a great selection of personal and business banking solutions, including savings & checking accounts and loans.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$32.3M2023-10-20Series Unknown· $12.3M
2018-04-19Debt Financing· $20M
Leadership Team
Barry Schwarz
Chief Financial Officer
Trace Larman
Chief Operating Officer
Recent News
SEC Filings
2023-10-23
SEC
2023-10-23
GlobalFinTechSeries
2022-05-24
Company data provided by crunchbase