Commercial Loan Officer II

$103,500 - $112,000/Yr

Glacier Bank - Durango, CO

Full-time - Mid Level

Durango, CO

Credit Intermediation and Related Activities

About the position

The Commercial Loan Officer II position at Bank of the San Juans in Durango, Colorado, is a professional and administrative role focused on approving or denying credit to customers. The ideal candidate will be experienced, talented, and enthusiastic, with a goal-oriented mindset. This role involves soliciting new business and coordinating internal functions to meet customer needs effectively. The officer will build comprehensive profiles for each customer and maintain regular contact through personal meetings, phone calls, or emails to foster quality growth in loan and deposit accounts. A thorough understanding of relevant legal parameters, internal policies, FDIC guidance, and applicable accounting issues is essential for making informed decisions while adhering to the bank's core values: Honesty and Integrity, Service to the Customer, Teamwork, Respect for the Individual, and Giving to the Communities We Serve. The salary range for this position is between $103,500.00 and $112,000.00 per year, with compensation offers being analyzed individually based on various factors such as geographic location, years of experience, and educational background. The bank promotes a positive work culture encapsulated in the motto "Bank Happy. Work Happy. Right Here."

Responsibilities

• Interview loan applicants and request necessary information to complete the loan application process.
• Request applicant credit reports, background checks, reference checks, and other pertinent information for loan evaluation.
• Analyze applicant financial status, credit, and property evaluation to determine loan feasibility.
• Correspond with or interview applicants and/or creditors to resolve questions regarding application information.
• Compile loan packages and submit to the loan committee for approval when appropriate, facilitating negotiation of loan structure with applicants.
• Approve loans within specified limits or refer loans to the loan committee for approval.
• Ensure loan agreements are complete and accurate according to policy.
• Assure timely loan closing and funding activities.
• Identify and analyze potential loan markets to develop prospects for commercial loans.
• Manage an individual loan portfolio, including all collection and workout activities.
• Monitor existing loan portfolio to maintain a high-quality asset base, ensuring delinquent loans do not exceed 1% of the portfolio.
• Adhere to policies and procedures, making proactive business decisions to limit financial, regulatory, legal, and reputational risks.
• Complete CA Forms and Document Checklists accurately at loan origination and ensure compliance with audit and review standards.
• Participate in developing lending and deposit business for the company, expanding the client base through calls on clients and prospects.
• Provide loan data to support marketing and sales promotion programs.
• Engage in company-sponsored and CRA activities that support the bank's mission and values.

Requirements

• A Bachelor's Degree in Business with an emphasis in finance or accounting, or equivalent combination of education and experience is required.
• Five to ten years of similar or related experience, including time spent in preparatory positions.
• Knowledge of company loan services, policies, and procedures.
• Understanding of related legal and regulatory standards, and required loan documentation.
• Strong interpersonal skills and high level of independent judgment.
• Strong problem-solving skills and ability to work independently.
• Excellent interviewing, communication, and public relations skills.
• Professional appearance and attitude.
• Strong analytical and financial skills.
• Ability to operate related computer applications and other business equipment.

Nice-to-haves

• Experience in commercial lending or banking industry.
• Familiarity with CRA eligible loans and community service initiatives.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Health savings account option
• Employee Assistance Program (EAP)
• Health rewards program
• 401(k) retirement savings plan
• Discounts on banking products and services
• Paid Time Off (PTO)
• Paid holidays