Business Banker II

If unable to find qualified candidates, the hiring authority will consider an underfill as a Business Banker I.

Summary of Work

The Bank of North Dakota (BND) is seeking a Business Banker II to join our team! The Bank was established to promote agriculture, commerce, and industry in the State. Its loan programs work in conjunction with private financial institutions to finance economic development throughout the State. It is the legal depository for all state funds unless provided otherwise by law. The Bank also serves as the central clearing agency and provides many other services to North Dakota banks and other financial institutions.

As a Business Banker II, you will serve as a primary contact for financial institutions and will manage a loan portfolio for the eastern portion of the state. This role is responsible for building relationships with financial institutions as well as internally with related departments. This position will be responsible for representing BND through community involvement and industry events.

Duties and Tasks

Market Analysis/Outreach

• Responsible for building strong relationships with financial institutions in the assigned market. 
• Educate financial institutions on BND products and services and identify needs.
• Increase BND’s visibility in the banking community.
• Attend various banking and other related meetings to communicate BND’s services and role in the state’s development.
• For non-credit needs, position will function as a liaison between BND internal service areas and various financial institutions, collaborate on presentations and help facilitate meetings.

Portfolio Management 

• This position requires fielding calls from financial institutions on major service issues and collect annual information from borrowers.
• Work with originating lender on modifications to existing loans.
• Review loan files for documentation deficiencies and exceptions.
• Maintain delinquency records, problem loan strategies, and loan files.
• Contact originating lender to provide assistance and guidance in resolving delinquent and workout credits.
• Maintain, complete, or review necessary computer input records. 

Credit Analysis/Approval 

• Analyze financial data for credit worthiness, includes spreading financial statements as necessary, calculating ratio and cashflows, and discussing with originating lender.
• Verify loan requests are within the program guidelines and overall mission of the bank.
• Verify loans are structured and maintained to provide profitability and minimize risk to the bank. 
• Recommend approval or denial of loan requests to senior management on those requests in excess of business banker’s individual lending authority.
• Develop loan packets and makes loan presentations to various loan committees depending upon the size of the credit request.
• Review commitment or rejection letters to originating lenders.
• Review computer input sheets upon funding of loan participations.

Responsibilities include structuring credits, taking loan applications, obtaining financial information, performing site inspections, negotiating rates and fees (service and origination), managing the loan closing package and follow-up on outstanding items in conjunction with the Loan Administration and Credit Administration areas in the loan approval process.

The candidate will be authorized to make loan approval decisions up to current established lending limit thresholds. Incumbent may be required to work extra hours, as needed, for delivery of special projects or to meet deadlines.

Overall, job-related decision making is guided by bank personnel, loan and compliance policies, association data, federal and state laws and regulations, senior management influence and through acquired banking experience

Minimum Qualifications

This position requires an undergraduate degree with specific emphasis in accounting, banking and finance, business administration, or economics and five years of banking/lending experience. Must have the following competencies: presentation skills, drive for results, self-development, customer focus, ethics & values, negotiating skills, decision quality and functional/technical skills. The underfill of this position would need to meet all the current requirements and have three years of experience.