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 responsibility for 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.
• Reports suspicious activities to manager, Chief Risk Officer or Information Security Officer.
• Mentor junior lending staff.
• Occasional local travel is required, as may participate in client meetings with Relationship Managers.
• Participate in community organizations and/or events to help the Bank meet its CRA Objectives.

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.