The Loan Officer is responsible for developing, underwriting, closing and collecting all types of loans by performing the following duties and responsibilities:
Originate, underwrite and close consumer, residential real estate, home equity, construction and commercial loans.
Underwrite loan requests according to bank and regulatory guidelines.
Make credit decisions to approve or deny loan requests within lending authority.
Mitigate risk by adhering to bank policy guidelines.
Schedule loan closings and explain loan documents, terms and conditions with borrower.
Service loan portfolio including collections, future maturities, document exceptions, etc.
Work closely with Loan Clerks to ensure the loan process is completed accurately and timely.
Support loan operations and branch operations as needed, including auditing, filing, deposit transactions, opening/closing branch, etc.
Generate new business through effective, proactive calling for prospective and existing customers.
Maintain thorough knowledge of Bank’s products and services and cross sell the same products and services.
Other duties as assigned.
Requirements for the qualified candidate includes the following:
Two or four year college degree preferred.
Some lending experience preferred.
Credit Insurance license.
Proficient in Microsoft Office programs.
Excellent customer service skills and work ethic.
Strong written and verbal communication skills.
Strong attention to detail and organizational skills.
Must be able to work a Saturday rotation.
Must be able to work, at minimum, two nights a week until the bank closes.
Legacy Bank offers an attractive benefits package:
Medical, dental and vision insurance
Flexible Spending Accounts
Company-paid Group Life insurance
Voluntary Life insurance for employee, spouse and children
Company-paid short and long-term Disability insurance
401(k) with Company Match
About Legacy Bank
Formerly Farmers Savings Bank and opened in 1904, the bank was purchased by the Chittenden family in 1968. With locations added over the years in Mitchellville, Bondurant, Altoona and Clive, we’ve expanded our rural and agricultural roots to also include Construction, Personal, Commercial and other types of business in the Metro area.
We found success through personal banking relationships and involvement within the communities we serve. In 2001 it was decided that the name Legacy Bank more accurately represented the type of bank we had become.
We continue to embrace change without forgetting who we are. Our goal is to invest money in the local communities, give outstanding expert service, and give our customers a feeling of being treated like a partner and not a number.
Success of our customers is why we still exist today. In a world of change, our goal is to hold onto what the original idea was in 1904 - serving our communities by building legacies one customer at a time.