This position may be located at our Stockman branch in Stevensville or Hamilton.
Position General Responsibilities:
Generate and administer a high-quality Consumer Loan Portfolio consistent with established lending policies.
Education, Experience and Certification Requirements
Note: Only minimum responsibilities are listed. Other responsibilities may be required as requested by management.
Basic Qualifications:
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Strong commitment to providing exceptional customer service.
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4 years business related college degree and/or equivalent experience.
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1-3 years consumer underwriting and/or lending experience.
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Strong credit analysis and decision making skills.
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Strong time-management skills with ability to work independently and to prioritize multiple tasks.
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Strong communication computer skills.
Preferred Qualifications:
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Previous lending/underwriting experience.
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Previous Bank and/or sales experience helpful.
Dimension of Job:
Responsible for Consumer Loan Portfolio. Will have extensive public or telephone contact and is to conduct relationships in a manner that will enhance the overall marketing effort of the Bank. This position may be called upon to call (telephone, personal visit or letter) on customers or prospective customers and/or to participate with community organizations and community projects.
Position Specific Responsibilities, Duties and Competencies
1. Consumer Lending Functions (Consumer, Student Loans and Credit Cards):
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Maintain an extensive knowledge of loan and non-deposit services by studying product information, bulletins, regulations and updates. Attend periodic training sessions and stay abreast of new procedures, marketing techniques, rules and regulations.
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Understanding and compliance with SB/SFC lending policies and procedures and documentation of consumer loans.
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Origination of new and renewal consumer loans.
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Lien filings and insurance follow-up.
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Responsible for regulatory compliance – all consumer loans.
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Credit card lending and overdraft protection. Review and make credit decisions on new applications.
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Review lines of credit for potential increase, decrease or adverse action.
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Student Loans – have knowledge of MGSLP and MHESAC.
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Train back-up in Consumer Lending when directed.
2. Loan Administration:
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Supervision of consumer loans collection procedures.
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Direct contact with delinquent borrowers.
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Recommendations for definite plans of action for collection of difficult accounts.
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Regular reporting of delinquent loans and loans in jeopardy.
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Monitor past due totals and percentages and report to Senior Management.
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Supervision and record keeping of property held for resale.
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Develop and implement disposal plans.
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Adherence to loan limits.
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New Business Development, New Product Development and Marketing:
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Responsible for generating new consumer loan business, employee advantage and direct deposit.
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Regular contact with merchants who might refer business to Stockman Bank.
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Call on prospective direct loan customers.
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Refer potential customer to other Bank personnel as appropriate.
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Loan activity should be covered by insurance products when applicable.
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Assist with development of new programs and products for consumer loan customers.
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New ideas for generation of income.
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Monitor our competition as to rates and prices.
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Assistance with information of price changes.
