Commercial Loan Officer

Job Summary

The Commercial Loan Officer is responsible for originating, evaluating, and managing commercial loans while building and maintaining strong relationships with business clients.

Key Responsibilities

• Develop and maintain a strong pipeline of commercial lending opportunities.
• Manage and grow an existing commercial loan portfolio, ensuring portfolio quality and performance.
• Analyze financial statements, credit reports, and business plans to assess loan viability.
• Structure and negotiate loan terms in compliance with bank policies and regulatory requirements.
• Cross-sell additional banking products and services to meet client needs.
• Maintain a strong background and knowledge of commercial products and services, including applicable regulations and requirements.
• Build and nurture relationships with business owners, accountants, attorneys, and other referral sources.
• Monitor loan performance and work with clients to resolve any financial challenges.
• Stay updated on industry trends, economic conditions, and competitor offerings.

Qualifications & Must-Have Requirements

• 3 to 5 years of experience in commercial or business lending within a progressive financial services company.
• Existing commercial loan portfolio with a proven ability to manage and grow client relationships.
• Strong background in commercial lending products, regulations, and underwriting standards.
• Proven success in a sales and production role within the financial services industry.
• Strong analytical skills with the ability to assess credit risk and financial viability.
• Excellent negotiation, communication, and relationship-building skills.
• Bachelor's degree in Finance, Business Administration, or a related field (preferred).

Preferred Skills

• Experience with loan origination systems (LOS) and CRM tools.
• Knowledge of SBA lending programs.
• Existing network of business clients and referral sources.