Commercial Loan Officer - Russellville, KY

About the Role

The Commercial Loan Officer will develop new business, structure and close loans, and maintain and service an existing portfolio. This position focuses on loan production, deposit growth, and full banking relationships. The role involves active community participation and marketing of the bank’s products.

Responsibilities

• Meets with applicants to obtain information for loan applications and answer questions about the process.
• Explains to customers the types of loans and credit options available, including the terms of service.
• Obtains and compiles copies of loan applicants' credit histories, financial statements, and other applicable financial information.
• Analyzes applicant’s financial status, credit, and collateral to determine eligibility for loans.
• Submits applications to credit analysts for verification and recommendation.
• Approves loans within specified limits and presents loan applications outside those limits to appropriate authority for approval.
• Reviews loan documents to ensure they are complete and accurate according to policy.
• Reviews and updates credit loan files.
• Stays abreast of new types of loans and other financial services and products to better meet customer needs.
• Monitors existing loan portfolio to ensure proper risk ratings and early identification of potential issues.
• Maintains ongoing customer contact, quality customer service, and superior product knowledge.
• Works with Cash Management and Trust Department to enhance banking relationships with existing and potential customers.
• Maintains a presence in the community through civic organizations, events, and high-visibility functions.

Requirements

• Minimum of three (3) years of experience in commercial lending.
• High School diploma or GED required; Bachelor’s degree in finance, business, economics, accounting, or a related field preferred.

Skills

• Customer service skills
• Negotiation skills
• Oral and written communication skills
• Decision-making skills
• Interpersonal skills
• Mathematical skills
• Analytical thinking skills
• Financial skills
• Ability to multi-task

Working Conditions

Primarily indoors in an environmentally controlled office environment. The noise level is typical of most office settings with telephones, personal interruptions, and background noises. Occasional travel may include outdoor, uncontrolled environmental conditions such as rain, sleet, ice, snow, extreme heat, or cold temperatures.

• Travel: Occasionally required to meet with clients and/or close loans.
• Physical Requirements:
  • Sitting: Frequently
  • Standing: Frequently
  • Walking: Frequently
  • Lifting: Rarely (up to 10 pounds)
  • Carrying: Occasionally
  • Keyboarding: Frequently
  • Speaking: Constantly
  • Hearing: Constantly
  • Near Visual Acuity: Frequently
  • Far Visual Acuity: Occasionally