Commercial Loan Officer, SVP

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e., bonus, incentives, and/or commission).

Responsibilities

• Ensures the asset quality of the assigned loan portfolio.
• Reviews delinquency reports with direct supervisor to ensure proper collection efforts are being utilized to manage the credit risk of the portfolio.
• Maintains low loan delinquency and ensures that there are no administrative past due loans.
• Communicates timely and comprehensively with their supervisor concerning any credit that is experiencing stress.
• Manages, supervises, and grows individual loan and commercial deposit portfolios.
• Develops and maintains existing customer base and builds customer satisfaction and confidence in the Bank.
• Works effectively with personnel in the Credit Administration Department.
• Solicits new customers and negotiates rate and loan terms (for both new and renewal loans) in a competitive and price-sensitive environment.
• Cross-sells other bank services to customers (e.g., retail deposits, cash management, retail lending, and wealth management services).
• Analyzes customer credit applications, balance sheets, profit and loss statements, and cash flow projections to make sound loan decisions and predict future repayment capacity within a predetermined lending limit.
• Coordinates loan analysis efforts with personnel in the Credit Administration Department.
• Makes recommendations to the loan committee on new and renewal loans for amounts above lending limit.
• Participates as a member of various Bank committees as assigned.
• Represents the Bank and provides leadership in key community activities and committees.
• Participates in professional associations; attends conventions, conferences, and seminars.
• Completes required training associated with job function.
• Performs related duties as assigned.

Requirements

• Bachelor’s degree in Finance or Business Administration or equivalent specialized training in commercial and/or consumer lending and overall bank management.
• 7+ years of experience in commercial lending with relevant knowledge of CRE and C&I lending.

Skills

• Thorough knowledge of the Company’s products and services.
• High level of analytical skills to conduct loan analysis and maintain loan progress in consideration of market trends, credit/interest rates, economic conditions, and other factors.
• High level of interpersonal skills to interact with customers and potential customers in a professional manner.
• Adequate knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment.

Benefits

• Competitive health, dental, and vision coverage with HSA match.
• 401(k) with employer match + Employee Stock Purchase Plan.
• Generous PTO, paid holidays, and parental leave.
• Tuition reimbursement and performance-based bonuses.
• Banking perks.

Incentives and benefits are subject to eligibility requirements.