Commercial Loan Trainee (Finance)
Why work for First Federal Bank?
Our company culture is driven by our desire to serve our members and communities, something we have done for over 100 years. Along with doing meaningful work, enjoy perks and benefits that come along with being part of Idaho's only mutual bank – no stockholders or majority owners, just our account members!
Eligible First Federal Bank employees receive paid vacation, sick leave, and holidays; health insurance, dental insurance, and vision insurance; 401(K) retirement; educational assistance; life insurance; and long-term disability insurance.
Employees also receive paid community service hours and can participate in our Pay-It-Forward program to give back to the communities we serve. In addition, the First Federal Foundation has provided over $1.4 million to local non-profits since 2003. For a meaningful job and to be part of a community-focused team, as well as much more, apply today at www.bankfirstfed.com/careers.
Essential Duties and Responsibilities
- Work with Commercial Loan Serving and Processing to understand department workflow and responsibilities.
- Performs analysis of financial statements and tax returns to determine the degree of risk involved in extending credit or lending money.
- Uses financial statements and tax returns to develop cash flow analysis.
- Utilizes financial ratios to evaluate the customers' financial status.
- Prepares loan presentation documents and check lists.
- Assists the Commercial Loan Officers in completing Annual Reviews.
- Orders flood hazard determinations, credit reports, UCC lien searches, title policies, etc.
- Orders commercial/residential property evaluations and appraisals.
- Performs preliminary research such as UCC lien searches, property information, etc.
- Participates in new loan development programs, marketing programs, bank events and community activities.
- To perform all job duties and maintain compliance with all banking acts, laws and regulations applicable to your job function.
Qualifications Required
-A bachelor's degree in accounting, finance, or related field, or
-Two years' experience as a credit analyst.
Physical Requirements and Working Conditions
Sitting for extended periods of time, requires close visual acuity and the ability to work and operate computer applications and equipment including copy machine, telephone, scanner or other basic business equipment. Some infrequent travel is required for branch/department visitations. A Valid driver's license is required. The job is within the normal office environment range.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
