Comm Loan Officer

GENERAL SUMMARY

RESPONSIBILITIES AND DUTIES

• Possesses a portfolio of all types of loan/depository accounts.
• Prospects new customers and solicits new loans.
• Cross-sells other banking services to new and existing customers.
• Maintains ongoing customer contact to ensure good customer relations.
• Performs ongoing 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: gathers and evaluates financial and related data to establish credit worthiness.
• Maintains monitoring of customers' financial condition.
• Reviews and approves or denies loan requests 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.
• Serves and votes as a member of the bank loan committee.
• Makes necessary actions to collect past-due accounts.
• May participate in preparation of department budget, goals, and objectives and strategic planning.
• Attends customer and bank-sponsored events.
• Participates in civic and community organizations, representing the bank, but following personal interests.
• Performs other related duties as assigned by management.

KNOWLEDGE, SKILL, AND ABILITIES

• Knowledge of commercial lending procedures.
• Knowledge of general banking principles and banking.
• Knowledge of sales and marketing practices and principles.
• Communicates with clients and co-workers in a courteous and professional manner.
• Operates computer terminals and printers.
• Prices loans.
• Maintains a high level of confidentiality.
• Solves problems.
• Makes sound decisions using available information.
• Demonstrates accuracy and efficiency in a fast-paced environment.
• Functions as a team player.

EDUCATION AND EXPERIENCE

• College degree preferred.
• Prior commercial lending experience is preferred.

PHYSICAL REQUIREMENTS

• NOTE: The statements herein are intended to describe the general nature and level of 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 persons so classified.