Loan Officer

Loan Officer

HR Consulting Solutions, LLC is an international executive search firm that has been retained by River Valley AgCredit to conduct a search for a Loan Officer to work alongside their team in Cleveland, Tennessee.

Loan Officer Position Summary

Develops new business and expands existing relationships in both the Ag Segment and Country Mortgage Segment. Calls on potential customers, identifies credit needs, secures financial data for analysis, and makes proposals for new business. Makes sales calls to achieve Association-established goals. Maintains knowledge of Association products and services as well as knowledge of the industries in the market area served. Explains loan options, rates, loan fees, terms, and collateral requirements to loan prospects. Maintains effective supervision of loans through sound loan administration to ensure Association position. Seeks a high level of visibility to the target lending market within the assigned territory. Markets the Association by being a source of referrals for the other lending segments of the Association. Promotes financially related services to all current and prospective members.

Primary Work Location

Cleveland, Tennessee

Reports To

Regional Lending Manager

Supervisory Responsibilities

None

Minimum Education and Experience

Bachelor's degree in business administration, Ag Economics, Agriculture, Finance, or related field. Knowledge in areas of farm management and agricultural finance strongly preferred.

Sensory and Physical Requirements

Must have the ability to read documents from many sources. Must be able to communicate audibly in and with staff, customers, and the general public.

Preferred Qualifications

Knowledge of laws, regulations, principles, procedures, and credit practices in the Farm Credit System and the Association. Mortgage finance knowledge. Skilled in making sales calls and proposals for new business. Superior knowledge of Association products. Excellent skills in judgment, leadership, initiative, and organization.

Minimum Position Responsibilities

Position responsibilities averaging approximately 60% of the workload : Develops new business and expands existing relationships in both the Ag Segment and Country Mortgage Segment. Calls on potential customers, identifies credit needs, secures financial data for analysis, and makes proposals for new business. Makes sales calls to achieve individually established goals. Maintains knowledge of association products and services as well as knowledge of the industries and market area served. Explains loan options, rates, loan fees, terms, and collateral requirements to loan prospects. Makes credit decisions on loans under delegated authority. Recommends actions beyond delegated authorities. Works with the Regional Lending Manager to remain within the marketing budget.

Position responsibilities averaging approximately 40% of the workload : Ensures loans are originated and administered in a sound, constructive manner and in accordance with Farm Credit System and Association regulations. All loan actions are adequately evaluated in terms of eligibility and scope, ability to repay as well as any other risk factors. The accuracy and source of facts utilized to arrive at the loan decision are appropriately explained and documented. Maintains effective supervision of loans to ensure the Association's position. Monitors customer financial situation, loan performance, and repayment process. Takes appropriate corrective action as necessary. Average pricing for all loans should yield the maximum gross profit achievable, taking into consideration the market conditions / characteristics for their respective areas.

Benefits of Working With Us

Competitive Salary Performance Based Bonus (Incentive Pay) Generous PTO (Vacation and Sick Time) 12 Paid Holidays Medical, Dental, and Vision Insurance 401K Retirement Benefits (3% automatic contribution plus up to 6% match; 9% total) Company Provided Life Insurance Disability Coverage Relocation Assistance Available, If Applicable

We are an Equal Opportunity Employer and prohibit discrimination and harassment of any kind. Our company is committed to the principle of equal employment opportunity for all employees and applicants, providing everyone with a work environment free of discrimination and harassment. All employment decisions within our organization are based on business needs, job requirements, and individual qualifications, without regard to age, race, color, religion, sex, gender, gender identity, sexual orientation, national origin, disability, veteran status, or any other status protected by the laws or regulations in the locations where we operate. We will not tolerate discrimination or harassment based on any of these characteristics.