Commercial Loan Officer I - Stuttgart, AR

Who We Are:

Southern Bancorp is a different kind of bank. As a Community Development Financial Institution (CDFI), a special certification designated for institutions that serve predominantly underserved communities, Southern Bancorp combines traditional banking and lending services with financial development tools and public policy advocacy to help families and communities grow stronger. Inspired by the principle that building net worth drives economic opportunity, our mission is to be wealth builders for everyone in the communities we serve, with a focus on low-wealth and un(der)banked populations, as well as an emphasis on Black and Brown individuals.

Job Summary

Establishes, maintains, and develops client relationships within assigned territory to attain targeted business and commercial loan portfolios. Manages a variety of commercial loans in compliance with bank policy and regulatory requirements.

Responsibilities

• Establishes and maintains favorable professional network within assigned local community, county, and/or territory.
• Calls on potential or existing clients to develop new business, increase business and retain existing business.
• Interviews applicants for commercial types of loans
• Assists commercial loan customers with the loan application process and ensures the confidentiality of all information provided by applicants.
• Analyzes and screens loan requests on all types of loans.
• Exercises judgment within wide ranging policies, precedents and upper-level management oversight for packaging loans as well establishing terms and conditions of loans.
• Achieves and maintains required loan portfolio balance.
• Maintains thorough understanding of loan policy and procedure in relation to commercial lending.
• Participates in a team effort to cross-sell bank and affiliate products and services.
• Completes all required training.
• Performs other related duties as required or assigned.

Requirements

Education and Qualifications:

• Bachelor's degree or equivalent combine of education and lending and banking experience
• Two to four years previous banking experience with emphasis in commercial lending and branch management
• Must have or receive NMLS clearance.
• Ability to communicate effectively with clients to achieve loan portfolio goals, establish business relationships, and maintain client satisfaction.
• Knowledge of regulatory requirements governing commercial lending.
• Proficiency in computer applications
• Must possess and maintain current and valid driver's license and a vehicle with appropriate insurance coverage.
• Ability to travel throughout the market for various meetings and appointments.

Physical Demand & Work Environment: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

#LI-Onsite

What we offer our employees:

A positive impact on Your Future:

• 401(k)/Roth plan with immediate eligibility and employer match up to 6%
• Employee stock ownership plan
• Discounted rate on primary home mortgage
• Credit and housing counseling as well as free financial education tools available to customers and employees

Benefits to improve your health:

• No deductible medical insurance plan
• Dental and vision insurance
• Employer paid life and long-term disability insurance
• Flexible Spending Accounts

The opportunity to nurture your well-being:

• Paid holidays and paid time off
• Bonus plan
• Opportunity for merit raises
• Employee reward and recognition programs
• Community service opportunities

Southern Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, sexual orientation, gender identity, gender expression, status as a protected veteran, among other things, or status as a qualified individual with disability. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

As a Community Development Financial Institution, Southern Bancorp desires its workforce to reflect the diversity of the customers and communities that we serve. Racial and ethnic minorities, people from working class backgrounds, women and LGBTQ people are often underrepresented in many financial service industry professions. Therefore, we strongly encourage applications from people with these identities or who are members of other marginalized communities.