Commercial Loan Officer II
PLACE EXPLANATION The Commercial Loan Officer II is in charge of supplying expert commercial lending solutions to existing and potential bank consumers. The Commercial Loan Officer II is anticipated to realize their production that is certain and calling objectives and precisely handle their assigned loan profile.
POSITION QUALIFICATIONS Bachelors’ degree preferred, plus no less than 3 – 5 years of progressively responsible Commercial Lending experience. Trustworthiness and sensitiveness are necessary. Experience competencies needed consist of, but are not restricted to: ? capacity to underwrite credit needs, determine appropriate loan framework and present proposed loan demands for approval ? Prepare expert Credit Write- Ups for review by Commercial Team Lead, Credit management and Loan Committee for approval ? power to assess and grade credit danger, financial obligation solution capability and ratio analysis ? Good knowledge of monetary statements including stability sheets, earnings statements and declaration of cash flows ? exceptional relationship building and social skills https://loansolution.com/installment-loans-ma/ ? Strong consumer focus ? Strong organizational and multi-tasking abilities in a fast-paced environment ? exemplary verbal and written communication abilities ? exemplary proofreading abilities with a stronger focus on detail ? capability to work both separately so that as a team player ? Practice perfect ethical behavior and knows the necessity for privacy ? Information Technology knowledge is an advantage. ? should have legitimate driver’s permit and usage of an insured car
Should have a broad comprehension of Bank operations and regulatory conformity, like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will be able to work closely aided by the Commercial Team Lead and Commercial Banking Manager to handle lending that is existing and develop brand brand new customer relationships to attract future financing possibilities when it comes to bank. The Commercial Loan Officer II will continue to work closely utilizing the Bank’s Credit Analysts to help in analysis of credit demands and planning of Credit Write ups.
Outside Bank Position keeps regular and close working relationship with a number of facilities of impact, community leaders and company specialists.
Responsibility #1 Loan Production and Maintenance
Originate, underwrite, and solution a portfolio of commercial banking relationships and cross-sells other banking solutions whenever appropriate
Monitor current loan portfolios to steadfastly keep up a good quality asset base and help out with number of overdue loans
Negotiate renewals of credit facilities. Suggest approval of loan re re payments, construction draw requests, draws from personal lines of credit and funds transfers with specified restrictions
Responsibility # 2 Credit and Borrower Research
Screen prospective borrowers that are commercial analyzing their company plan, techniques, and projections, in addition to, historical monetary statements and company results
Talk with current clients and leads through different ways to talk about company requirements and suggest ways that the financial institution can offer solutions
Assist Credit Analysts to accurately review borrower that is prospective and coordinate processing of approved loans
Test economic loan covenants and prepare yearly term loan reviews
Ensure all loan papers are correct, recorded/perfected and signed.
Ensure all supporting paperwork is complete and signed whenever necessary.
Responsibility #3 Home Based Business Developing / Community Outreach
take part in company development tasks and get brand brand new top quality loan and deposit company to reach volume and/or manufacturing objective
Express SCB at different community functions and groups that are professional/civic further enhance the Bank’s image and exposure
Responsibility # 4 Continuing Education
Update work knowledge by taking part in academic opportunities, keeping networks that are personal taking part in expert businesses.
Sound Community Bank is an equal possibility company and all sorts of qualified candidates will get consideration for work without regard to competition, color, faith, intercourse, national beginning, intimate orientation, sex identification, impairment status, protected veteran status, or virtually any characteristic protected for legal reasons.