Loan Officer

Loan Officer at Lone Star Ag Credit

Lone Star Ag Credit is a premier resource to help people in urban areas who aspire to find and purchase their ideal home in the country. In addition, we help farmers, ranchers, agribusinesses, and rural homeowners achieve their dreams by providing reliable and consistent credit and financial services. We don't take deposits, and we don't finance other industries. Instead, we focus exclusively on the credit needs of rural America.

We're a full-service cooperative lender headquartered in Fort Worth, Texas, specializing in financing rural land and agricultural operations. We have 16 office locations serving 48 counties in Texas, $2.33 billion in assets, and are a member of the nationwide Farm Credit System.

About the role:

As a Loan Officer for our fast-paced Hillsboro credit office, you'll manage the overall functions of a medium- to large-sized branch office, including credit quality, loan servicing, business development, and personnel administration. In addition, you'll be the face of the organization in the local community. The delegated authority and supervisory responsibility is dependent on the candidates experience and education. Nevertheless, most of the duties are related to loan making. In this important role, you'll have latitude for decision-making in the implementation of association goals.

The big picture:

You will lead Lone Star's local effort to be the preferred provider of agricultural financial services, surpassing all others in the customer and employee experience by embracing innovation and operational excellence. In doing so, you will add increasing value to rural communities and their lifestyle.

If that sounds appealing to you, come join us!

Day-to-day, you will:

• Be responsible for developing and marketing new business within their service
• Assist prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
• Make and service leases, loans for operating equipment and real estate, and offering other related services such as cash management products and crop insurances within delegated authority and in accordance with association policies. Make and/or convey decisions on loan approval, structure, and pricing. Be responsible for exercising credit risk management responsibilities on loans within area of
• Conduct simple to moderately complex credit analyses. Analyze balance sheets, income statements, and cash flows of potential borrowers to ascertain creditworthiness. Maintain current, adequate, and verified financial information on borrowers and guarantors as required by association
• Perform loan servicing tasks, which may include partial releases, subordinations to mineral leases and right of ways, division orders, reamortizations, assumptions, severance agreements, insurance claims, additional advances, extensions, and
• Ensure that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are
• Comply with proper credit administration practices as outlined in the association's policies and
• Perform collections on assigned loans and assists senior-level staff and management with collections on all loans in the portfolio. Work with delinquent borrowers to obtain satisfactory loan
• Assure that adequate insurance coverage is maintained as required by loan conditions and monitors ad valorem taxes to ensure that such taxes are paid on the
• May assist with the title examination process on perspective loans to ensure validity of liens on property pledged as collateral or security interest on chattels. Prepares loan closing packages and facilitates the loan closing process as required in accordance with all applicable association and FCA policies and regulations.

Your qualifications:

• Bachelor's degree in Business Administration, Finance, Agricultural Economics, or a related field, or equivalent experience and two (2) or more years of progressively responsible banking or related agricultural lending experience.

What we offer:

• An authentic environment where you can grow as part of a strong and tight-knit team
• Competitive pay and bonus
• Premium medical, dental and vision coverage, including prescription drug coverage
• Flexible Spending Account (FSA) - Dependent Care, Health Care, Limited Purpose Health Care
• Health Savings Account (HSA)
• 401(k) Savings Plan with matching contributions
• Annual Leave (Vacation) Pay and Sick Pay
• Wellness Program
• more

Some legal language:

At the discretion of Lone Star Ag Credit, this position may be offered at an alternate title. In addition, other business experience may be considered relevant.

AA/EOE/M/F/D/V

Current Openings for Loan Officer Jobs at AgTrust Farm Credit