Commercial Loan Officer

Responsibilities

• Possesses responsibility for prospecting new customers and cross-selling other banking services.
• Maintains ongoing customer contact to ensure good customer relations.
• Performs ongoing management of a portfolio of all types of account relationships, including account reviews, problem solving, research, and follow-up to internal account errors.
• Interviews loan applicants, gathers and evaluates financial and related data to establish creditworthiness.
• Maintains monitoring of customers' financial conditions.
• Reviews and approves or denies loan requests up to a pre-determined limit, prepares action memos for review by management, and presents credits exceeding authority to the loan committee.
• Serves and votes as a member of the bank's loan committee.
• Provides guidance to subordinate lending officers on lending decisions and managing accounts.
• Maintains oversight of loan repayment activities, takes necessary actions to collect past-due accounts.
• May participate in the preparation of department budgets, goals, and objectives, and strategic planning.
• Attends customer and bank-sponsored events, representing the bank while following personal interests.

Qualifications

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

Skills

• Knowledge of commercial lending procedures.
• Knowledge of general banking principles and practices.
• Knowledge of sales and marketing practices and principles.
• Ability to communicate effectively with clients and colleagues in a courteous and professional manner.
• Proficiency in operating computer terminals and printers.
• Ability to price loans accurately.
• High level of confidentiality.
• Problem-solving skills.
• Decision-making abilities based on available information.
• Able to work in a fast-paced environment.
• Team player ability.

Benefits

• 8 paid holidays per year.
• 17 Paid Time Off (PTO) days annually for the first five years of employment, with an introductory period of 90 days required before 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 (HSA) with employer contributions.
• Flexible Medical and Dependent Care Spending Plans.
• 401(k) 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.
• Employee Assistance Program (EAP).