Loan Officer

$60,000 - $65,000/Yr

Directors Investment Group - Abilene, TX

Full-time - Mid Level

Abilene, TX

Private Households

About the position

The Loan Officer plays a crucial role in expanding the funeral home loan portfolio by fostering relationships and providing tailored financing solutions for existing and potential clients. This position involves analyzing financial statements, market trends, demographics, and business cycles of prospective funeral home clients to recommend qualified candidates to the loan committee.

Responsibilities

• Create, build, and maintain relationships with prospective and current funeral home clients, as well as members of our sales team
• Review and analyze loan applications and financial documents to assess applicants' creditworthiness and financial stability
• Provide clients with the knowledge and resources they need to understand the steps toward achieving success through financing
• Meet with loan applicants in person, by phone, or virtually to discuss loan needs and verify application information
• Use lending guidelines to calculate loan terms, monthly payments, and interest rates based on the applicant's unique needs
• Participate in the loan closing process, ensuring that all necessary items are collected, services are ordered, paperwork is signed and that funds are disbursed accurately and timely

Requirements

• Bachelor's Degree required; concentration in finance is preferred
• 2-5 years of experience in financial analysis, commercial lending, credit analysis, or a related field
• Skilled in building and maintaining strong relationships with both internal teams and external clients and partners
• Proficient in Microsoft Office, with experience in financial modeling and analysis
• Familiarity with loan administration and workflow management software
• Experience reading, analyzing, and interpreting financial statements and tax returns
• Strong analytical, quantitative, and problem-solving skills
• Excellent organizational skills with the ability to manage multiple tasks and deadlines
• High level of confidentiality when handling sensitive information
• Effective team player with the ability to work independently and self-motivate
• Adaptable and open to incorporating new ideas and changes in processes
• Excellent written and oral communication skills for client interactions and internal collaboration

Benefits

• Health insurance
• 401(k) matching
• Life insurance
• On-site clinic
• 24-hour fitness center
• Free fresh fruit and beverages
• Corporate university
• Personal growth opportunities