Loan Officer

3 weeks ago


Ponca City, Oklahoma, United States Ponca City Development Authority Full time

Job Summary: We are seeking a skilled Loan Officer to join our team at Ponca City Development Authority. As a Loan Officer, you will be responsible for developing new business, underwriting, and structuring new loans, as well as maintaining and servicing an existing portfolio.

Key Responsibilities:

  1. Monitor and manage an existing loan portfolio, ensuring proper risk ratings and anticipating potential problems.
  2. Source, develop, and underwrite new loan relationships, cultivating existing loan relationships to maximize bank profitability.
  3. Negotiate terms, structure loan financing based on risk considerations, and present to appropriate levels of authority for approval.
  4. Support the Bank's strong relationship banking culture through on-going customer contact and superior product knowledge.

Requirements:

  • Formal Credit training and ability to understand basic cash-flow analysis using tax returns, Financial Statements, Balance Sheets, Income Statements, or Profit & Loss Statements.
  • High school diploma or GED required; Bachelor's degree in Finance, Business, or applicable degree area preferred.
  • Strong oral and written communication skills, sound judgment in decision-making, high proficiency in problem-solving, and strong leadership and interpersonal skills.


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