Loan Workout Officer restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Being a Loan Workout Officer typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Workout Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Title: Loan Officer
Date: June 3,2024
Location: Crowley, La.
Salary: Commensurate with experience and qualifications
MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS:
Bachelor's degree in Business Administration, Finance, Agricultural Economics, or a related field, and two (2) or more years of experience as a loan officer or loan officer associate.
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.
BENCHMARKED JOB FUNCTIONS:
ADDITIONAL ESSENTIAL FUNCTIONS:
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 accounting/financial analyses under moderate supervision.
WORKING RELATIONSHIPS:
Frequent interaction with customers, association departmental staff and management. Occasional interaction with association senior management, and/or CEO. 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.
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.
POLICY AND COMPLIANCE:
Compliance with FCBT and Association technology and security standards is required.
NOTICE:
Regular attendance is required in this job. Must maintain a valid and current driver license.
To Apply:
If you meet the minimum requirements and want to be considered for this position, please apply online at www.louisianalandbank.com
AA/EOE/M/F/D/V