SouthEast Bank · 1 day ago
Loan Officer
Chattanooga, TN
Full-time
Onsite
Mid Level
3+ years expSouthEast Bank is a financial institution focused on providing lending services, and they are seeking a Loan Officer to evaluate and recommend approval of loans. The role involves meeting with applicants, analyzing financial information, and ensuring compliance with lending standards.
BankingFinancial Services
Responsibilities
Meet with applicants to obtain information for loan applications, complete information on loan forms and answer questions about the process
Analyze the applicants financial status, credit history, and any collateral available including the use of property evaluations to determine feasibility of granting or denying loans and evaluating the degree of financial risk
Obtain and compile copies of the loan applicants credit histories, corporate financial statements, and other financial information for proper documentation
Explain to customers the different types of loans that are available, as well as the terms of those options
Review loan agreements to ensure that they are complete and accurate according to compliance standards
Approve loans within specified limits and refer loan applications outside those limits to management for approval; May require making presentations on financial matters
Stay abreast of new types of loans and other financial services and products to better meet the customers needs
Document, record and update information in credit and loan files
Submit applications to credit analysts for verification and recommendation
Negotiate payment arrangements with customers and compute payment schedules
Analyze potential loan markets and develop referral networks to locate prospects for loans
Work with other departments in the bank to make sure all accounts are in good standing and when accounts are delinquent make informative decisions on what must be paid to best suit the customer and the bank
Collect on past due and/or charged off loans or accounts as needed
Handle customer complaints and take appropriate action to resolve them
Work directly with the public establishing and maintaining interpersonal relationships; communicating with persons outside the organization to build relationships
Develop objectives and strategies to best perform job functions
Organize, plan, and prioritize workload to achieve job functions
We encourage our employees to become involved in their communities, lending their voluntary support to programs that positively impact the quality of life within these communities and help SEB build connections with these organizations and the public
Cross sell SEB products and services
Qualification
Required
3-5 years of commercial lending experience
Must be able to work with all levels of senior management
Maintain up-to-date knowledge of and adhere to all state and federal regulations that pertain to this position including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending
Working knowledge of state and federal regulations including but not limited to Bank Secrecy Act, Consumer Privacy and Fair Lending along with industry best practices that pertain to this position
Preferred
Bachelors degree in Finance, Business, or Economics
1 year of customer service experience
Combination of education and experience
Company
SouthEast Bank
SouthEast Bank is a locally owned bank operational in Tennessee.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Barbara Thomas
Chief Operating Officer
Jimmy Dalton
Chief Credit Officer
Recent News
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