Loan Officer III

About the role

Keep abreast of industry changes, local economic, financial and legislative events which may have an impact on commercial lending activities.

Responsibilities

• Analyze cash flow, liquidity, profitability, leverage and other financial ratios and be able to come to various conclusions, including evaluation of collateral and other relevant credit information.
• Prepare loan presentations that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of borrower’s surrounding credits.
• Recommend or deny loan requests in conformance with banking regulations and Bank’s loan policies and procedures.
• Gather documents to perfect the security interest in collateral, if applicable.
• Detect early warning signs of problem loans and immediate notification to a supervisor, Chief Credit Administrator, Loan Review, or Loan Servicing.
• Monitor loan covenants and conditions per loan agreement and report any violation to manager.
• Absorb loan closing and funding including obtaining signatures on loan documents according to the Bank’s procedures.
• Analyze collateral values and insurance coverage.
• Collect loan accounts and overdraft information.
• Submit reports of calls made and document customer contact.
• Meet customers regularly and seek opportunities to grow relationship.
• Conduct site visits and on-site interviews under the supervision of a portfolio manager.
• Comply with regulatory requirements including but not limited to: Reg B, HMDA, Bank Secrecy Act, OFAC, and USA Patriot Act, CRA, Privacy, and Security.
• Report suspicious activities to manager, Chief Risk Officer or Information Security Officer.
• Mentor junior lending staff.

Qualifications/Requirements

• 5+ years of commercial lending experience.
• Excellent written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
• Ability to respond effectively to customer complaints or other sensitive inquiries.
• Ability to make effective presentations.
• Excellent analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Strong Analytical/Math skills.
• Effectively manage multiple deadlines and projects.
• Knowledge of bank regulations affecting customer accounts.
• Knowledge of lending operations, Note or International Dept policies and procedures.

Pay

The salary range for this full-time position is $80,000.00 annually - $100,000.00 annually + bonus + benefits. Salary ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.

Schedule

Occasional local travel is required, as may participate in client meetings with Relationship Managers.

Benefits

Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.