Loan Officer 
Blue Grass Valley Bank

Position Overview 

Responsible for helping customers research loans and navigate the application, approval

and closing process. Their duties include recommending commercial and personal loan options to clients and explaining their terms, as well as determining risks for loaning to

clients based on their credit and processing paperwork.

 

Loan Officer Skills, Knowledges and Proficiencies

• Excellent communication and interpersonal skills

• Good analytical skills

• Good critical thinking skills

• Good customer service skills

• Good attention to detail

• Good organizational skills

• Good understanding of wealth and debt management

• In-depth knowledge of financial products​

 

Loan Officer Duties and Responsibilities

• Assess customer needs, explore all options and introduce different types of loans

• Interview applicants to determine financial eligibility and feasibility of granting

  loans

• Evaluate credit worthiness by processing loan applications and documentation

  within specified limits

• Determine all applicable ratios and metrics and set up debt payment plans

• Communicate with clients either to request or to provide information

• Justify decisions (approvals/rejections) and report on them

• Complete loan contracts and counsel customers on policies and restrictions

• Update job knowledge by participating in educational opportunities, reading

  professional publications, etc.

• Complete ongoing account maintenance and servicing

• Go the “extra mile” to build trust relationships, customer loyalty and satisfaction

  throughout the underwriting process

• Operate in compliance with laws and regulations and adhere to lending

  compliance guidelines

• Follow up on delinquent accounts

• Review GL daily to ensure prior day transactions were processed correctly

   

Loan Officer Requirements and Qualifications

• High school diploma or GED required

• Bachelor’s degree in finance, accounting, economics, or a related field preferred

• Proven work experience as a Loan Officer, Loan Processor, or other related role

  preferred

• Solid understanding of lending products and practices

• Familiary with computers and banking applications/software

 

To Apply

Send resumes to:

Tina Blagg

tina@bluegrassvalleybank.com

P.O. Box 516

Monterey, VA 24465

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