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Career Opportunity: Senior Loan Officer

Job Title
Senior Loan Officer
Organization
Lone Star Ag Credit
Location
Georgetown, Texas
Department
Experience Level
Entry Level (1-4 years)
Supervisor's Title
Category
Financial Services
Salary Range
DOE, depending on experience
Posted Date
Thursday, February 23, 2017
Closing Date
Open until filled
Job Description
  • Develops and manages loan portfolios including loan originations in the trade area served by the association.  Works with complex loans and loan participation packages.
  • Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
  • Makes and services loans and leases 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 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, subordinations to mineral leases and right of ways, division orders, reamortizations, assumptions, severance agreements, insurance claims.
  • Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are proper.
  • Performs collections on assigned loans and assists 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 on prospective 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.

Requirements:

Bachelor’s Degree in Finance, Business Administration, Ag Economics, or related field, or experience deemed equivalent by Lone Star Ag Credit.

  • Three (3) or more years of experience as a loan officer.  Please note the entry level discretion below.
  • At its sole discretion, Lone Star Ag Credit may consider qualified entry level applicants who have the same education as required in this posting.  In such case, the title will adjusted appropriately to entry level experience.
  • Outstanding business development skills complimented with appropriate credit knowledge for the purpose of growing portfolio with quality loans.
  • Exceptional customer service skills to support business development initiatives.
  • Ability to assess risk and provide recommendations on approval commercial or real estate loans.
  • Good standing in current and/or previous employment.
  • Strong work ethic that supports a willingness to handle multiple tasks with efficiency and accuracy.
  • May require registration as a Mortgage Loan Officer under the National Mortgage Licensing System.