Commercial Loan Officer II
POSITION DEFINITION The Commercial Loan Officer II is in charge of supplying expert commercial financing solutions to current and potential bank consumers. The Commercial Loan Officer II is anticipated to reach their particular manufacturing and consumer calling objectives and precisely handle their assigned loan profile.
PLACE QUALIFICATIONS Bachelors’ degree preferred, plus no less than 3 – 5 years of progressively responsible Commercial experience that is lending. Trustworthiness and sensitiveness are necessary. Experience competencies required consist of, but are not restricted to: ? capacity to underwrite credit needs, determine appropriate loan framework and current 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 risk, 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 ? Strong consumer focus ? Strong organizational and multi-tasking abilities in a fast-paced environment ? exemplary verbal and written interaction abilities ? exemplary proofreading abilities with a solid focus on detail ? capacity to work both individually and also as a team player ? Practice perfect ethical behavior and knows the necessity for privacy ? Information Technology knowledge is an advantage. ? will need to have legitimate driver’s permit and usage of an insured car
Should have a complete comprehension of Bank operations and regulatory conformity, such as the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will be able to work closely using the Commercial Team Lead and Commercial Banking Manager to control 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 be able to work closely because of the Bank’s Credit Analysts to aid in analysis of credit needs and planning of Credit Write ups.
Outside Bank Position keeps regular and close working relationship with a selection of facilities of influence, community leaders and business experts.
Responsibility # 1 Loan Production and Upkeep
Originate, underwrite, and solution a profile of commercial banking relationships and cross-sells other banking solutions when appropriate
Track current loan portfolios to steadfastly keep up a superior 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 credit lines and funds transfers with specified restrictions
Responsibility # 2 Credit and Borrower Research
Screen possible borrowers that are commercial analyzing their her comment is here business strategy, strategies, and projections, in addition to, historical monetary statements and company outcomes
Speak to current clients and leads through different solutions to talk about company requirements and suggest ways that the financial institution can offer solutions
Make use of Credit Analysts to accurately review prospective borrower requests and coordinate processing of approved loans
Test loan that is financial and prepare yearly term loan reviews
Ensure all loan documents are correct, recorded/perfected and signed.
Ensure all documentation that is supporting complete and signed whenever necessary.
Responsibility #3 Start Up Business Developing / Community Outreach
participate in company development activities and obtain brand new top quality loan and deposit company to realize volume and/or production objective
Express SCB at different community functions and groups that are professional/civic further enhance the Bank’s image and presence
Responsibility # 4 Continuing Education
Update work knowledge by taking part in educational possibilities, keeping networks that are personal taking part in expert companies.
Sound Community Bank is definitely an equal possibility boss and all sorts of qualified candidates will get consideration for work without reference to competition, color, faith, intercourse, nationwide origin, intimate orientation, sex identification, impairment status, protected veteran status, or virtually any characteristic protected for legal reasons.