Loan Officer Heritage Bank of Schaumburg Schaumburg, IL Job Details Full-time 9 hours ago Benefits Health insurance Dental insurance 401(k) Paid time off Vision insurance 401(k) matching Life insurance Qualifications Loan officer experience Microsoft Office Math Bachelor's degree Financial product expertise Lending Bachelor of Arts Banking Full Job Description Heritage Bank of Schaumburg was established in 1974 and we have been serving Schaumburg and surrounding communities for over 50 years. We're an independent, single location bank dedicated to providing customer service the way it should be, personal and friendly. Heritage Bank of Schaumburg is committed to be the best provider of commercial and retail services by constantly working to exceed our customers' expectations for quality, value, and service. Position Summary The Loan Officer is responsible for generating new loan and deposit volume for the bank, including managing and expanding existing customer relationships. This position requires knowledge of standard lending practices and methods, experience with residential and commercial lending, and the ability to sell a variety of bank products to customers. Essential Duties and Responsibilities Establish and maintain effective relationships with new and existing loan and depository customers. Is knowledgeable and maintains proficiency in all lending products and has a working knowledge of all other bank products to be able to market those services to existing and potential customers. Analyzes applicant financial status, credit, and asset evaluation to determine feasibility of granting loan or submits application to underwriting for verification and recommendation. Compiles loan package and facilitates negotiation of loan structure with applicant, including fees, loan repayment options, and other credit terms. Assures timely loan closing and funding activities. Actively manages existing loan portfolio, monitors loan repayment activities, and takes necessary action to collect from past-due accounts. Develops new business by contacting existing customers and seeking out new prospects. Maintain and expand database of customers. Participates in community affairs to increase the bank's visibility and to enhance new business opportunities. Identifies and analyzes potential markets to develop prospects for loans. Assists customers with inquiries and information requests and resolves complaints relating to loan products and services. Education and Experience Bachelor's degree (B. A.) from four-year college or university. Two years of lending experience is required. Computer Skills To perform this job successfully, an individual should have proficiency in Microsoft Office Suite.

Job Type:

Full-time Job Type:

Full-time Benefits:

401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Vision insurance

Experience:

Lending:

2 years (Preferred)

Work Location:

In person