Commercial Loan Officer

First International Bank & Trust - Watford City, ND

Full-time - Mid Level

Watford City, ND

Credit Intermediation and Related Activities

About the position

First International Bank and Trust is a family-owned community bank and one of Prairie Business Magazine's 50 best places to work. We are seeking a motivated and experienced Commercial Loan Officer to join our dynamic team. The ideal candidate will possess a strong business development background, a solid foundation in accounting and economics, and an in-depth understanding of the Western North Dakota market. This role is essential in expanding our commercial and Ag lending portfolio and enhancing customer relationships. This is an in-office position.

Responsibilities

• Identify and develop new business opportunities through networking and relationship-building within the Western North Dakota market.
• Assess the financial needs of clients and recommend appropriate lending solutions.
• Review and analyze title report or survey to determine issues and any present or potential risk.
• Negotiate contracts in a way that is mutually beneficial for FIBT and the customer.
• Ensure customer understands conditions and terms of account.
• Review delinquent account records to determine appropriate action.
• Demonstrate a desire to successfully serve the customers needs while creating value for the customer and FIBT.
• Collaborate with internal teams to streamline the loan process and enhance customer satisfaction.
• Stay informed about market trends, competitor activities, and regulatory changes affecting commercial lending.
• Maintain an active list of potential new customers as well as a pipeline of new business activity.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field; 3+ years experience in commercial lending or related experience, or equivalent combination of education and experience is required.
• Proven business development skills with a track record of successfully originating new loans.
• Strong analytical skills and attention to detail, with the ability to assess financial statements and market conditions.
• Familiarity with the Western North Dakota market and its economic landscape.
• Excellent communication and interpersonal skills.

Benefits

• Health, Dental & Vision
• 401K Retirement Plan with Employer Match
• Paid Parental Leave
• Life and Disability Insurance
• Generous PTO and Holiday pay