Loan Officer

Who we are:
Plains Land Bank stands as a symbol of stability and support for agriculture and rural communities for over a century. As a proud member of the esteemed Farm Credit System, we remain steadfast in our commitment to provide reliable, financial services empowering our stockholders to grow their legacies.
With strategic offices in Amarillo, Pampa, Perryton, and Plainview, we provide personalized lending services across 16+ counties in the vibrant Texas Panhandle. Our commitment to fostering growth and prosperity in the heart of Texas is unwavering.
At Plains Land Bank, we're not just a financial institution; we're a community. We forge enduring partnerships and equip individuals to 'Own a Piece of Texas', embodying the spirit of resilience and opportunity.
Learn more about us at: www.plainslandbank.com.
We seek out top talent and welcome you to join us in our mission to shape the future of agriculture in rural America.
Position Description:
We are searching for a full-time in office Loan Officer to work in our Amarillo, Texas location. This position recommends or approves loans in assigned territory within the limits of specific delegated authority, as well as develops and manages loan portfolios including loan originations. The role will assist with or attend public relations functions for the Association.
Day-to Day-Duties and Responsibilities:
- Responsible for developing and marketing new business within their service area.
- Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
- Makes and services loans 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.
- 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.
- 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.
- Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are proper.
- Complies with proper credit administration practices as outlined in the Association's policies and procedures.
- 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.
- 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.
- 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.
What You Bring to the Team:
Our ideal candidate lives within a commutable distance from our office in Amarillo, Texas.
It is an important role that covers many skills. This position requires:
- Bachelor's degree in Business Administration, Finance, Agricultural Economics, or a related field, or equivalent experience.
- Two (2) or more years of loan officer, commercial lending, and/or sales experience.
- Agricultural background preferred.
General knowledge of the following:
- General knowledge of accounting/financial systems.
- Specialized knowledge of accounting/finance principles.
- Skill in oral and written communication are required.
- Basic skill level in Microsoft Office applications.
- Ability to perform basic to intermediate-level accounting/financial analyses under moderate supervision.
Our benefits:
In addition to a competitive salary and an annual incentive plan, we offer comprehensive, affordable, and competitive benefit options that are focused on health and wellness, financial security, and achieving a work-life balance:
- Affordable health benefits, including medical insurance, prescription drug coverage, dental insurance, vision care, flexible spending accounts, and more.
- 401(k) plan that includes an employer match (up to 4%) plus an additional employer contribution (up to 5%), both of which vest on the first day of employment.
- Employer paid long-term disability and life insurance.
- Generous vacation leave, sick leave, and up to thirteen paid holidays.
- Up to two days per year to volunteer in local community organizations, services, or events.
- Ongoing professional development opportunities.
Our culture:
At Plains Land Bank, our culture revolves around community, and our dedicated employees are the heartbeat of our organization. We prioritize their wellbeing providing a stable career path and ample opportunities for professional development and advancement.
As a proud member of the Farm Credit System, we uphold a commitment to fostering personal relationships and connections. Our emphasis on face-to-face interactions and employee engagement cultivates a supportive and inclusive workplace environment where everyone's voice is heard and valued. We celebrate every success as a team, acknowledging the hard work that contributes to our collective achievements.
Important note: We care about your hiring process and take it seriously. A real person will review your applications, meaning response timelines may vary. The interviewing process at Plains Land Bank may include phone calls and emails, on-site interviews, and requests for portfolios or demonstrations of work. We cannot personally follow-up with each applicant, and we will do our best to create a professional, respectful, and thorough process for candidates with whom we identify as a potential fit.
Plains Land Bank is an equal opportunity employer and prohibits discrimination and harassment of any kind. We are committed to providing a work environment that is inclusive and free of bias, where all employees are treated with dignity and respect. We encourage applicants from all backgrounds to apply.