Commercial Loan Officer

Essential Functions

• Establishes and maintains a visible presence in all market areas.
• Attends civic activities to promote growth and development of the community and represent the bank in a positive manner.
• Stays informed on emerging trends, innovations, and best practices within the community and industry.
• Makes business development calls to key accounts in the market area.
• Calls on public officials, business owners, and centers of influence within the community to develop a strong core deposit base.
• Possesses the ability to prospect and sell loan products and services as needed by clients.
• Tracks and reports results through CRM software.

Commercial Lending Functions

• Interviews loan applicants, collects and analyzes financial and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request.
• Establishes, and negotiates where necessary, terms under which credit will be extended, including the cost, repayment method, and schedule and collateral requirements.
• Collects and analyzes information that reflects the current creditworthiness of customers and the current merits of existing loans. May obtain information through direct inspection of the applicant's business and/or collateral, review of interim financial reports, personal interview, and other means.
• Makes recommendations for new or improved products and services through identifiable needs of the customers.
• Works closely with colleagues and lending team including loan officers, loan administrators, and credit analysts.
• Makes recommendations for new or improved products and services through identifiable needs of the customers.
• Monitors loan repayment activities and takes necessary action to collect from past due accounts.
• Advises customers, where possible, concerning business management and financial matters.
• Prepares loan presentations for the benefit of loan committees as required.

Skills and Qualifications

• Strong interpersonal skills
• Proven ability to develop and enhance client relationships
• Extensive knowledge of all bank deposit and loan products including SBA/FSA and other third-party offerings
• Strong computer skills in Microsoft Office products
• Experience in Moody's Lending Cloud software is beneficial

Education

Four-year college degree preferably in Business, Finance, Economics or a related field.

Experience

Minimum of 5 years of commercial lending experience. Bank experience preferred.

Accounting or bookkeeping experience in formation of financial statements and cashflows.