SouthEast Bank
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Loan Officer
role at
SouthEast Bank
in Chattanooga, TN.
Compensation: $20,000.00 - $100,000.00 per year.
Job Overview The Loan Officer evaluates, authorizes, or recommends approval of commercial and/or consumer loans and advises borrowers on financial status and payment methods.
Essential Functions
Meet with applicants to obtain information for loan applications, complete loan forms, and answer questions about the process.
Analyze applicants’ financial status, credit history, and collateral to determine loan viability and assess financial risk.
Obtain and compile copies of credit histories, corporate financial statements, and other financial documents for proper documentation.
Explain available loan types and terms to customers.
Review loan agreements for accuracy and compliance.
Approve loans within specified limits; refer applications outside limits to management for approval; present financial matters as needed.
Stay abreast of new loan types and financial products to better serve customers.
Document, record, and update information in credit and loan files.
Submit applications to credit analysts for verification and recommendation.
Negotiate payment arrangements and compute payment schedules.
Analyze potential loan markets and develop referral networks to locate loan prospects.
Work with other bank departments to ensure accounts are in good standing and make informed decisions on delinquent accounts.
Collect on past‑due or charged‑off loans as needed.
Handle customer complaints and resolve them appropriately.
Build interpersonal relationships with the public and external partners.
Develop objectives and strategies for job performance.
Organize, plan, and prioritize workload to achieve job objectives.
Additional Responsibilities
Encourage employee involvement in community programs that positively impact quality of life and build connections with organizations and the public.
Cross‑sell SEB products and services.
Skills, Knowledge, and Training
Effective communication with loan processors and underwriters.
Understanding implications of new information for current and future decisions.
Use logical reasoning to evaluate alternative solutions.
Ability to convey information face‑to‑face and in writing.
Identify complex problems and develop solutions.
Consider costs and benefits of potential actions.
Understand system operations and environmental impacts on outcomes.
In‑depth knowledge of collections, bankruptcies, repossessions, and foreclosures.
Computer proficiency with Word, Excel, PowerPoint, e‑mail, and Internet navigation.
Knowledge of business and management principles.
Customer service principles, quality standards, and satisfaction evaluation.
Economic and accounting principles, financial markets, and banking analysis.
English language structure, meaning, spelling, composition, and grammar.
Knowledge of laws, regulations, court procedures, and banking guidelines.
Requirements
3–5 years of commercial lending experience (required).
Bachelor’s degree in Finance, Business, or Economics (preferred).
1 year of customer service experience (preferred).
Combination of education and experience (preferred).
Ability to work with all levels of senior management.
Maintain up‑to‑date knowledge of state and federal regulations, including the Bank Secrecy Act, Consumer Privacy, and Fair Lending.
Job Details
Seniority level: Mid‑Senior level
Employment type: Full‑time
Job function: Finance and Sales
Industry: Banking
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Loan Officer
role at
SouthEast Bank
in Chattanooga, TN.
Compensation: $20,000.00 - $100,000.00 per year.
Job Overview The Loan Officer evaluates, authorizes, or recommends approval of commercial and/or consumer loans and advises borrowers on financial status and payment methods.
Essential Functions
Meet with applicants to obtain information for loan applications, complete loan forms, and answer questions about the process.
Analyze applicants’ financial status, credit history, and collateral to determine loan viability and assess financial risk.
Obtain and compile copies of credit histories, corporate financial statements, and other financial documents for proper documentation.
Explain available loan types and terms to customers.
Review loan agreements for accuracy and compliance.
Approve loans within specified limits; refer applications outside limits to management for approval; present financial matters as needed.
Stay abreast of new loan types and financial products to better serve customers.
Document, record, and update information in credit and loan files.
Submit applications to credit analysts for verification and recommendation.
Negotiate payment arrangements and compute payment schedules.
Analyze potential loan markets and develop referral networks to locate loan prospects.
Work with other bank departments to ensure accounts are in good standing and make informed decisions on delinquent accounts.
Collect on past‑due or charged‑off loans as needed.
Handle customer complaints and resolve them appropriately.
Build interpersonal relationships with the public and external partners.
Develop objectives and strategies for job performance.
Organize, plan, and prioritize workload to achieve job objectives.
Additional Responsibilities
Encourage employee involvement in community programs that positively impact quality of life and build connections with organizations and the public.
Cross‑sell SEB products and services.
Skills, Knowledge, and Training
Effective communication with loan processors and underwriters.
Understanding implications of new information for current and future decisions.
Use logical reasoning to evaluate alternative solutions.
Ability to convey information face‑to‑face and in writing.
Identify complex problems and develop solutions.
Consider costs and benefits of potential actions.
Understand system operations and environmental impacts on outcomes.
In‑depth knowledge of collections, bankruptcies, repossessions, and foreclosures.
Computer proficiency with Word, Excel, PowerPoint, e‑mail, and Internet navigation.
Knowledge of business and management principles.
Customer service principles, quality standards, and satisfaction evaluation.
Economic and accounting principles, financial markets, and banking analysis.
English language structure, meaning, spelling, composition, and grammar.
Knowledge of laws, regulations, court procedures, and banking guidelines.
Requirements
3–5 years of commercial lending experience (required).
Bachelor’s degree in Finance, Business, or Economics (preferred).
1 year of customer service experience (preferred).
Combination of education and experience (preferred).
Ability to work with all levels of senior management.
Maintain up‑to‑date knowledge of state and federal regulations, including the Bank Secrecy Act, Consumer Privacy, and Fair Lending.
Job Details
Seniority level: Mid‑Senior level
Employment type: Full‑time
Job function: Finance and Sales
Industry: Banking
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