VP-Commercial Banker (Duff)

Company Name:
VisionBank
Description:
Summary: Makes and services a variety of ag/commercial loans of moderate to large and secure and unsecured loans of moderate to high risk. Develops and manages commercial loan accounts that meet established lending requirements and maximize profitability to the bank with minimal risk. Provides portfolio maintenance and loan administration in accordance with bank loan policies.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
1. Interviews applicants interested in obtaining moderate to large size ag/commercial loans.
Gathers credit application information concerning business needs, desires, abilities, and earnings to determine loan needs.
Explains loan options, rates, terms, and collateral requirements.
Arranges loan decision and notification dates.
Negotiates and structures new and renewal ag/commercial lines of credit and loans.
Cross-sells applicable insurance and other bank related products and services associated with the loan.
2. Underwrites commercial loans.
Orders credit reports, background checks, reference checks, obtains tax returns and financial statements from applicants, and requests other necessary documents for evaluation and analysis, as needed.
Prepares and analyzes debt service repayment ability.
Evaluates and determines credit-worthiness in accordance with bank credit policies.
Makes or coordinates and reviews on-site inspections of collateral as needed.
Compiles loan proposal information for presentation to loan committee.
Presents loans which exceed credit authority to the loan committee for recommendations and approval.
3. Makes credit decisions to approve or decline loans within credit limits.
Makes ag/commercial loans to customers within established credit limits.
Communicates credit decisions to loan applicants.
Negotiates credit terms and repayments schedules within established guidelines.
Initiates written notification of adverse action of all appropriate loans.
Orders necessary information to facilitate perfected security interest and other documentation as required.
4. Schedules, coordinates, and conducts loan closings.
Reviews loan documents with customers.
Obtains customers signature on loan documents.
Initiates the disbursement of loan proceeds.
5. Manages loans within loan portfolio.
Prepares letters pertinent to maintaining collateral documentation, financial statements and other lending activities.
Releases liens such as titles, mortgages, paid notes, etc.
Reviews for trend changes in customer portfolio before renewing credit.
Responsible for identification and evaluation of deteriorating loan situations in order to recognize charge-off loans early and manage credit to minimize losses.
Handles follow-ups, collections, or delinquent and problem loans as requested.
Works in concert with internal and external auditors and corporate credit review staff to ensure compliance with bank policies and procedures and federal and state regulations.
6. Services loans in portfolio to retain high loan quality level.
Monitors customer's financial condition, loan performance and repayment process. Takes appropriate corrective action as necessary.
Performs collateral review for all crop production lines maintained.
Assists customers with preparation and review of crop budgets.
Corresponds with customers with delinquent accounts, counsels borrowers to bring accounts current. Provides guidance for customers seeking solutions to financial problems.
Conducts timely field inspections of collateral and inventory held by the bank.
Sends written notification to customer for loan renewals, rate adjustments, etc.
7. Develops new business and expands existing relationships.
Maintains knowledge of commercial banking products and services, as well as knowledge of the industries or market areas served.
Calls on potential customers, identifies banking needs, secures financial data for analysis and makes proposals for new business.
Coordinates with customer service area to set up new accounts.
Reviews existing account relationship for opportunities to meet additional needs with other products or services, makes proposals as appropriate.
Makes sales calls in the calling program to achieve individually established goals.
Participates in civic and community activities to generate visibility and contact for bank.
8. May perform one or more of the following functions:
Gather, evaluate, underwrite and close commercial loans within established credit authority limits.
Oversee processing of commercial loan documents and file maintenance.
Coordinate collection activities.
Provides direction to loan servicing, collection, loan administration support staff.
Participates in loan approval process.
9. Adheres to all State and Federal Banking regulations.
Requirements:
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience: Prefer Bachelor's degree (B. A.) from four-year college or university in a business related field and at least seven years of commercial lending experience.
Language Skills: Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.
Mathematical Skills: Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages.
Reasoning Ability: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Computer Skills: To perform this job successfully, an individual should have knowledge of Spreadsheet software and Word Processing software.
Other Qualifications: Must be able to travel to meet clients and to attend meetings at other locations using own transportation. Must have strong business development skills.
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to use hands to finger or handle and talk or hear. The employee is frequently required to sit. The employee is occasionally required to stand; walk; climb or balance and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision and ability to adjust focus.
Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.The noise level in the work environment is usually quiet.
VisionBank is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, and veteran and/or disability status
Location Description:
VisionBank
104 Chestnut
Ames, IA 50010
Position: VP-Commercial Banker (Duff)
Location: Ames - Chestnut St.

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