Commercial Lender

Job Summary

Manages the commercial lending process for loan applicants, ensuring appropriate interviews and gathering necessary financial information for efficient loan processing. Recommends loan conditions and terms, provides input to improve loan services, and offers recommendations to enhance loan strategies.

Responsibilities

• Reviews, analyzes, and processes commercial loan requests and packages loans as necessary, adhering to financial institution policies and procedures.
• Recommends conditions and terms of commercial loans.
• Provides input to management to streamline and improve loan services for both customers and the financial institution.
• Provides loan status reports to management and departmental statistics on financial institution loan products.
• Offers recommendations and actions to improve loan strategies when necessary.
• Interviews loan applicants and obtains and compiles necessary financial information to process loans.
• Participates in local business and community activities.
• Understands and fulfills the role within the three lines of defense to maintain a compliant culture.

Requirements

• Bachelor’s degree in business, finance, or related field.
• One to two years of experience in a financial institution, loan department, or similar area.
• Knowledge of financial institution policies and procedures.
• Knowledge of commercial lending practices and related areas.
• Good managerial, communication, and public relations skills.
• Good sales, organization, and interpersonal skills.
• Ability to read and comprehend training materials, financial institution communications, and related loan manuals.
• Completes appropriate career level training identified by manager.