Commercial Loan Officer

About the role

This position is responsible for developing new business through the underwriting, structuring, and closing of commercial loans, as well as maintaining and servicing an existing portfolio.

Responsibilities

• Acquisition, expansion, and retention of commercial relationships using a proactive calling strategy.
• Cross-sell ancillary products and services of the bank.
• Analyze credit history of applicants and determine loan repayment capabilities.
• Negotiate credit terms, such as costs, loan repayment methods, and collateral specifications.
• Develop and maintain interest rate structure consistent with financial institution policies and competitive with current market rates.
• Evaluate potential customer loan requests and make loan recommendations to management.
• Daily review, approval, and disposition of commercial overdrafts.
• Review new laws and regulations influencing business lending and make recommendations to management.
• Provide assistance and recommend training for new commercial loan officers.
• Develop new customer prospects and business for the bank.
• Represent the bank in the local community through active participation in community affairs.
• Handle customer complaints and escalate issues as needed.
• Maintain cleanliness in and around work station.
• Recommend possible methods to improve department operations to supervisor.
• Complete all required compliance exams on a yearly basis.
• Adhere to all bank policies and procedures.
• Dress professionally.
• Perform other duties as assigned by supervisor.

Requirements

• Bachelor’s degree in business, finance, or accounting preferred.
• Minimum of three years of experience in commercial banking.
• Extensive knowledge of commercial lending policies and procedures.
• Extensive knowledge of lending services and related areas.
• Business development experience.

Skills

• Exceptional customer service skills.
• Good problem-solving and decision-making skills.
• Demonstrates good judgment.
• Strong interpersonal skills and ability to work well with a wide range of people.
• Ability to communicate effectively through written, verbal, and non-verbal means.
• Willingness to accept additional responsibilities.
• Dependable and adheres to timelines and schedules.
• Takes initiative in development and completion of projects.

Location: Tulsa