Loan Officer

MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS:

Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field,

or equivalent experience and two (2) or more years of experience as a loan officer or loan officer

trainee.

JOB PURPOSE AND SCOPE:

Recommends or approves loans in assigned territory within the limits of specific delegated

authority. Develops and manages loan portfolios including loan originations in the trade area

served by the association. Has some latitude for decision making; works under moderate

supervision.

ESSENTIAL FUNCTIONS:

1. Responsible for developing and marketing new business within their service area.

2. Assists prospective and current borrowers with their credit needs and with formulating solutions

to credit related issues.

3. Makes and services leases, loans for operating equipment and real estate, and offering other

related services such as cash management products and crop insurances within delegated authority

and in accordance with association policies. Makes and/or conveys decisions on loan approval,

structure and pricing. Responsible for exercising credit risk management responsibilities on loans

within area of responsibility.

4. Conducts simple to moderately complex credit analyses. Analyzes balance sheets, income

statements, and cash flows of potential borrowers to ascertain creditworthiness. Maintains current,

adequate and verified financial information on borrowers and guarantors as required by association

policy.

5. Performs loan servicing tasks, which may include partial releases, subordination’s to mineral

leases and right of ways, division orders, reamortizations, assumptions, severance agreements,

insurance claims, additional advances, extensions and conversions.

This job has been benchmarked to Loan Officer

6. Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct

and performance status assignments are proper.

7. Complies with proper credit administration practices as outlined in the association’s policies and

procedures.

8. Performs collections on assigned loans and assists senior-level staff and management with

collections on all loans in the portfolio. Works with delinquent borrowers to obtain satisfactory

loan performance.

9. Assures that adequate insurance coverage is maintained as required by loan conditions and

monitors ad valorem taxes to insure that such taxes are paid on the security.

10. May assist with the title examination process on perspective loans to ensure validity of liens on

property pledged as collateral or security interest on chattels. Prepares loan closing packages and

facilitates the loan closing process as required in accordance with all applicable association and

FCA policies and regulations.

OTHER DUTIES:

May perform appraisals, inspections and/or collateral evaluations in compliance with district and

Association standards and procedures. May assist with or attend public relations functions for the

Association.

SKILL REQUIREMENTS:

General knowledge of accounting/financial systems. Specialized knowledge of accounting/finance

principles. Skill in oral and written communication. Basic skill level in Microsoft Office

applications. Ability to perform basic to intermediate-level accounting/financial analyses under

moderate supervision.

PHYSICAL ACTIVITIES:

Ability to sit for long periods of time. Ability to stand for limited periods of time. Ability to walk for moderate distances. Frequent finger/hand manipulation (e.g. keyboard, office equipment, small hand tools, etc.) Occasional lifting, carrying, pushing, and/or pulling while exerting up to 50 pounds of force. 

WORKING RELATIONSHIPS:

Frequent interaction with customers, association departmental staff and management. Occasional

interaction with association senior management, CEO, and/or board of directors. Occasional

interaction with Farm Credit Bank of Texas staff. Frequent interaction with area professionals

including real estate agents, commercial bankers, and others who deal with the association in the

normal course of business.