Job Announcement
A regional development bank headquartered in Guam and providing lending services to communities across the North Pacific including the Commonwealth of the Northern Marianas Islands, Palau, Yap, Chuuk, Kosrae, Pohnpei, and the Marshall Islands, is seeking qualified applicants for the following position:
Loan Officer
Duties and Responsibilities (including but not limited to):
- Maintain current loan portfolio and develop new clients and business opportunities.
- Structure, underwrite and present loan requests in accordance with loan policies and procedures. Negotiate loan terms and conditions, and structure credit with recommendations for improving access to credit and capital.
- Lead loan department in meeting annual loan goals and target.
- Maintain a quality loan portfolio and meet loan delinquency goals. Identify problem loans and recommend workout options.
- Prepare required loan reports in a timely manner and present to management.
- Utilize sales and marketing expertise or techniques to build a portfolio of prospective clients.
- Develop and maintain extensive knowledge of bank loan products and services. Training will be provided.
- Actively participate in networking functions and events when assigned to enhance the bank’s visibility in the market.
- Other duties as assigned from time to time.
General Requirements and Skills:
- College degree in business, finance, economics or related fields preferred. High School diploma or GED required.
- Minimum two (2) years’ experience in commercial, residential, or consumer lending.
- Excellent analytical and critical thinking skills are needed to underwrite and monitor loans.
- Ability to comprehend and explain loan products and services.
- Personable with strong management and organizational skills.
- Excellent written and verbal communication skills. Research and strong analytical skills.
- Computer skills required. Proficiency in spreadsheets and word processing applications.
- Goal oriented with demonstrated commitment to professional development.
- Excellent negotiation and presentation skills.
- Demonstrates high ethical standards and personal integrity.
Loan Service Specialist
Duties and Responsibilities (including but not limited to):
- Maintain a quality loan portfolio and meet loan delinquency objectives, including working with the Loan Team in addressing problem loans and recommending workout options.
- Communicate and correspond with borrowers regarding loan status, generate collection notices and letters, and work with designated collection attorneys.
- Assist the Loan officer in meeting annual loan goals and targets, including maintaining the current loan portfolio and developing new clients and business opportunities.
- Develop and maintain extensive knowledge of bank loan products and services. Training will be provided.
- Respond to initial inquiries about loan applications and pre-qualifications.
- Assist in organizing, maintaining and updating credit files and records.
- Actively participate in networking functions and events when assigned to enhance the bank’s visibility in the market.
- Other duties as assigned from time to time.
General Requirements and Skills:
- Minimum two (2) years’ experience in lending and/or collections preferred.
- High School diploma or GED required. College degree preferred.
- Must be eligible to work in Guam and have a Guam driver’s license.
- Micronesian language speaker preferred: Marshallese, or Chuukese, or Kosraean, or Palauan, speaker needed.
- Computer skills required. Proficiency in spreadsheets and word processing applications preferred (i.e. Microsoft Office Word, Excel, PowerPoint, Publisher).
- Research and analytical skills preferred.
- Excellent verbal and written communication skills.
- Personable with strong management and organizational skills.
- Demonstrates high ethical standards and personal integrity.
Salaries and Benefits:
Attractive compensation and benefits package to be negotiated based on experience and qualifications.
Duty Station:
Guam, U.S.A.
How to Apply:
You can pick up an application at our office Monday through Friday between 8:00 a.m. to 5:00 p.m., or you can find it on our website under “Career Opportunities.” Submit a completed application together with your resume/CV and a copy of your government issued photo I.D. Up to three letters of recommendation from individuals that have worked with you are strongly recommended and encouraged to be submitted with an application packet.
Submit the application form to:
Pacific Islands Development Bank
Reflection Center
222 E. Chalan Santo Papa Street,
Suite 102 Hagatna, Guam 96910
Email completed application packet to: rosa@pacificidb.com and copy email to lindsay@pacificidb.com
Deadline to submit the application: Open until filled.
Pacific Islands Development Bank is an Equal Opportunity Lender, Provider and Employer
