Commercial Loan Officer

Farmers State Bank Of Hamel - Medina, MN

Full-time - Mid Level

Onsite - Medina, MN

Credit Intermediation and Related Activities

About the position

The Commercial Loan Officer at Farmers State Bank of Hamel is responsible for managing a commercial loan portfolio, which includes analyzing, underwriting, and approving loans within assigned limits. This role focuses on developing credit relationships, ensuring compliance with regulations, and contributing to a positive credit culture. The position offers opportunities for advancement to Chief Credit Officer.

Responsibilities

• Seeks opportunities to develop credit relationships consistent with Stakeholder and Board expectations
• Underwrites new credit relationships in a safe and sound manner and makes or recommends loan request decisions
• Ensures credit presentation and annual reviews are complete, accurate, and properly reported
• Performs customer site visits for loan underwriting, review and business development
• Monitors credit quality daily and ensures swift collection of past due loans
• Participates in mandatory and optional training opportunities
• Communicates portfolio activities to Bank management
• Communicates with and assists loan administration personnel in managing credit files
• Recommends opportunities to improve/streamline existing loan processes
• Ensures compliance with all lending laws, regulations, as well as Bank policies and procedures
• Ensures lending pipeline reports are accurate and complete
• Assists in collection of problem credits and reports collection activity to Bank management
• Recommends business development strategies to Bank management
• Participates in Bank functions as a leader and mentor
• Participates in networking events and organizations in the communities we serve as an ambassador of the bank, with an eye towards business development
• Performs other assigned duties as required

Requirements

• NMLS certification (or ability to become certified)
• Seven or more years of commercial lending experience
• Critical/creative thinking skills
• Accuracy and attention to detail
• Excellent analytical, problem solving, and decision-making skills
• Excellent written and verbal communication skills
• Technically skilled in loan spread software and Microsoft platforms
• Technically skilled in bank core software (ASI-Insite bank software is preferred)

Benefits

• 401(k)
• 401(k) matching
• Employee discount
• Health insurance
• Health savings account
• Life insurance
• Opportunities for advancement
• Paid time off
• Bonus opportunities