Loan Officer

Pinnacle Bank/Bank of Colorado

$115K — $160K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Knowledge of agriculture, commercial and consumer lending procedures is essential.
  • Understanding of credit structuring and general banking principles required.
  • Sales and marketing practices and principles should be well understood.
  • Excellent communication skills with clients and co-workers are necessary.
  • Ability to maintain confidentiality and demonstrate problem-solving skills is crucial.
  • Experience in a fast-paced environment with accuracy and efficiency is expected.
  • A college degree and three years of lending experience preferred.

Responsibilities

  • Prospect new customers and solicit new loan applications while cross-selling banking services.
  • Manage a diverse portfolio of loan and depository accounts, including account reviews and problem-solving.
  • Evaluate loan applications to establish creditworthiness and review loan requests.
  • Monitor repayment activities and take necessary actions for collections on past-due accounts.
  • Participate in departmental budgeting and strategic planning activities.
  • Engage with community organizations to represent the bank, aligning with personal interests.
  • Attend both customer and bank-sponsored events to strengthen relations.

Benefits

  • 8 paid holidays and 17 PTO days for the first five years of employment.
  • 16 hours of paid sick time upon hire date.
  • Comprehensive health, dental, and vision insurance plans.
  • 401K plan with employer contributions and profit sharing eligibility after 3 months.
  • Group term life insurance of $50,000 and long-term disability insurance provided.
  • Flexible spending plans for medical and dependent care expenses available.
Full Job Description
Loan Officer

Application Deadline: 19 August 2026

Department: 1319-Thornton

Employment Type: Full Time

Location: Thornton, Colorado

Compensation: $115,000 - $160,000 / year

Description

GENERAL SUMMARY:

Manages a portfolio of all types of loan/depository accounts. Responsible for prospecting new customers and cross-selling other banking services.

COMPENSATION: Salary $115,000 - $160,000
APPLY ONLINE: https://www.bankofcolorado.com/careers

RESPONSIBILITIES AND DUTIES:
  1. Prospects new customers and solicits new loans. Cross-sells other banking services to new and existing customers. Maintains on-going customer contact to ensure good customer relations.
  2. Performs on-going management of a portfolio of all types of account relationships. Includes account reviews, problem solving, research and follow-up to internal account errors, etc. Interviews loan applicants: gather and evaluate financial and related data to establish credit worthiness. Monitor customers' financial condition.
  3. Reviews and approves or denies loan request to new or existing customers up to a pre-determined limit. Prepares action memos to be reviewed by management and presents credits exceeding authority to the loan committee. May serve and vote as a member of the bank loan committee.
  4. Monitors loan repayment activities, take necessary action to collect past-due accounts.
  5. May participate in preparation of department budget, goals and objectives and strategic planning.
  6. Participates in civic and community organizations, representing the bank, but following personal interests. Attends customer and bank sponsored events.
  7. Performs other related duties as assigned by management.
  8. Ability to maintain regular and reliable attendance


KNOWLEDGE, SKILL, AND ABILITIES:
  • Knowledge of agriculture, commercial and consumer lending procedures.
  • Knowledge of credit structuring.
  • Knowledge of general banking principles and banking.
  • Knowledge of sales and marketing practices and principles.
  • Skill in communicating with clients and co-workers in courteous and professional manner.
  • Skill in operating computer terminals and printers.
  • Skills in pricing loans.
  • Ability to maintain a high level of confidentiality.
  • Ability to problem solve.
  • Ability to make sound decision using information at hand.
  • Ability to demonstrate accuracy and efficiency in a fast-paced environment.
  • Ability to function as a team player.


EDUCATION AND EXPERIENCE:
  • College degree preferred
  • Three years lending experience is preferred.


BENEFITS:
  • Benefits for employees working at least 35 hours per week include 8 paid holidays; 17 PTO days each year for the first five years of employment (employees must complete 90-day introductory period prior to accruing PTO); 16 hours of paid sick time upon hire date; health, dental, prescription drug card, vision, and voluntary life insurance plans; health savings account with employer contributions; flexible medical and dependent care spending plans; 401K plan after 3 months and start of next quarter with employer contributions and profit sharing; $50,000 group term life insurance; long term disability insurance and employee assistance program. If working less than 35 hours per week, above benefits are modified.


PHYSICAL REQUIREMENTS:

NOTE:

The statements herein are intended to describe the general nature and level or work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills, required of person so classified.

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