Ag / Commercial Loan Officer

Job Location : Any Midstates Bank Location

Lending Territory : Iowa, Nebraska, South Dakota, Missouri and Kansas

Job Purpose :

This position will develop and manage agriculture and commercial loan client relationships that meet established lending requirements and provide maximum profitability to the bank at minimum risk. Duties will be performed in accordance with Midstates Bank's core values and service standards.

Essential Functions :

• Develops and implements a strategy for identifying and calling on new prospective clients. Utilize our 360 CRM program to track calls and activities.
• Develops new business by contacting prospects and customers, cross-sells bank services.
• Interviews loan applicants and collects and analyzes financial and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request.
• Establishes, and negotiates where necessary, terms under which credit will be extended, including the cost, repayment method / schedule, and collateral requirements.
• Assist analyst in gathering and analyzing prospective and current customers' historical and projected financial information on Moody's software.
• Have a full understanding of the Loan Policy. Assist analyst in preparing credit memorandums that accurately describe the credit needs, background, historical performance, and projections for prospective and current clients.
• Obtain information through direct inspection of the applicant's business and / or collateral, review of interim financial reports, personal interview, and other means.
• Monitors loan repayment activities and takes necessary action to collect from past-due accounts.
• Advises customers, where possible, concerning business management and financial matters.
• Serves as a member of the officer loan committee which makes preliminary evaluations of loan requests.
• Develops material for and makes loan presentations to the executive committee as required.
• Participate in civic activities to promote growth and development of the community and a positive image for the bank.
• Other duties as assigned.

Skills and Qualifications :

Proficiency in Microsoft Office applications; ability to perform basic accounting / financial analysis; excellent oral and written communication skills; strong sales skills and ability to call prep for sales calls; must have a general knowledge of farming and ranching along with an understanding of rural living.

Education :

Bachelors degree in Business Administration, Finance, Agriculture Economics or a related field.

Experience :

Accounting or bookkeeping experience in formation of financial statements and cashflows.

5 years experience in banking, credit or other agriculture business-related field preferred.