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  • Commercial Loan Officer

    Job Purpose:

    The role of the Commercial Loan Officer is to develop and administer an effective calling program along with managing commercial loan accounts that meet established lending requirements and provide maximum profitability to the bank at minimum risk. The calling program will target prospective customers in conjunction with the bank's strategic plans to gain market share. Additionally, the program will incorporate calls to existing customers to promote new or additional services with Midstates Bank. The Commercial Loan Officer will actively seek out opportunities to increase Midstates Bank's customer base, in accordance with the bank's core values and service standards.

    Essential Functions:

    Community

    1. Establish and maintain a visible presence in all market areas.
    2. Attend civic activities to promote growth and development of the community and represent the bank in a positive manner.
    3. Keep abreast of community trends and outside community innovations and best practices.
    4. Make business development calls to key accounts in the market area.

    Sales Program

    1. Call on public officials and business owners within the community to develop a strong core deposit base.
    2. Prospect and sell loan products and services as needed by clients.
    3. Track and report results through CRM software and to VP Branch Manager.

    Commercial Lending Functions

    1. Interviews loan applicants, collects and analyzes financial and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request.
    2. Establishes, and negotiates where necessary, terms under which credit will be extended, including the cost, repayment method, and schedule and collateral requirements.
    3. Collects and analyzes information that reflects the current creditworthiness of customers and the current merits of existing loans. May obtain information through direct inspection of the applicant's business and/or collateral, review of interim financial reports, personal interview, and other means.
    4. Monitors loan repayment activities and takes necessary action to collect from past due accounts.
    5. Advise customers, where possible, concerning business management and financial matters.
    6. Prepares loan presentations for the benefit of loan committees as required

    Additional Duties:

    1. Make recommendations for new or improved products and services through identifiable needs of the customers.
    2. Other duties as assigned by Midstates Bank management team

    Skills and Qualifications:

    Strong interpersonal skills, financial analysis skills, proven ability to develop and enhance client relationships, extensive knowledge of all bank deposit and loan products including SBA/FSA and other third-party offerings, strong computer skills in Microsoft Office products. Experience in Moody's Lending Cloud software is beneficial.

    Education:

    Four-year college degree in finance or related field.

    Experience:

    Minimum of one year of commercial lending experience or two years of commercial credit analysis experience.

    The Business Development / Commercial Loan Officer must be an active member of the Council Bluffs community with a commitment to a successful sales culture within the bank.

    Position Type: Full-time