Commercial Banking Officer (Commercial Lender)

Job Description

The Commercial Banking Officer makes and services commercial loans within lending limits. They perform other customer service routines as required and manage a commercial loan portfolio. They may also make consumer loans and residential mortgage loans.

• Developing new business for the bank by calling on prospective commercial members.
• Retaining existing members through follow-up and by providing excellent service.
• Interviewing applicants to develop information concerning their businesses, needs, desires, abilities, and earnings to determine whether a loan may be an acceptable risk.
• Obtaining and analyzing financial data and providing service on approved lines of credit, equipment financing loans, etc.
• Drafting necessary documents and agreements.
• Making decisions on loans and terms if within the lending limits or making recommendations to a superior lending officer.
• Following current loans to ensure complete conformity with terms and knowledge of developing trends.
• Calling on potential or existing members and introducing them to other departments when another service is needed.
• Supervising and giving direction to staff (if applicable).

Required Skills

• At least five years of commercial lending experience or experience in loan operations or credit analysis.
• Extensive knowledge of documentation and regulations.
• Prominent business development skills.
• Excellent communication skills and the ability to interact professionally.
• Strong connections to and relationships with referral sources/centers of influence in the greater Richmond market.
• Proficient skills in Microsoft Word, Excel, and Outlook.

Desired Skills

• A Bachelor’s degree in Business, Accounting, or Finance.
• Previous management or supervisory experience.

Physical Requirements

• Expressing or exchanging ideas by means of the spoken word via email and verbally.
• Exerting up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
• Not substantially exposed to adverse environmental conditions.