Commercial Loan Officer II
POSITION DEFINITION The Commercial Loan Officer II accounts for supplying expert commercial financing solutions to current and potential bank consumers. The Commercial Loan Officer II is anticipated to produce their production that is certain and calling objectives and correctly handle their assigned loan profile.
PLACE QUALIFICATIONS Bachelors’ degree preferred, plus no less than 3 – five years of progressively responsible Commercial experience that is lending. Trustworthiness and sensitiveness are crucial. Experience competencies needed consist of, but they 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 ? capability to assess and grade credit danger, financial obligation solution ability 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 client focus ? Strong organizational and multi-tasking abilities in a fast-paced environment ? exemplary verbal and written interaction abilities ? exemplary proofreading abilities with a good focus on detail ? capacity to work both separately so that as a team player ? Practice perfect ethical behavior and understands the necessity for confidentiality ? i . t knowledge is an advantage. ? will need to have valid driver’s permit and use of a vehicle that is insured
Should have a standard comprehension of Bank operations and regulatory compliance, like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will continue to work closely with all 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 for the bank. The Commercial Loan Officer II will be able to work closely with all 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 relationship that is working a selection of facilities of impact, community leaders and company specialists.
Responsibility # 1 Loan Production and Upkeep
Originate, underwrite, and service a profile of commercial banking relationships and cross-sells other banking solutions whenever appropriate
Track loan that is existing to keep up a top quality asset base and help in number of delinquent 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 limitations
Responsibility # 2 Credit and Borrower Review
Screen possible commercial borrowers by analyzing their business strategy, techniques, and projections, along with, historical monetary statements and company outcomes
Talk with current clients and leads through different ways to talk about company requirements and suggest ways that the financial institution can offer solutions
Make use of Credit Analysts to accurately review potential debtor requests and coordinate processing of approved loans
Test monetary loan covenants and prepare yearly term loan reviews
Ensure all loan papers are correct, finalized and recorded/perfected.
Ensure all documentation that is supporting complete and signed whenever necessary.
participate in company development tasks and solicit brand new quality that is high and deposit company to quickly attain volume and/or manufacturing goal
Express SCB at various 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 academic possibilities, keeping networks that are personal taking part in expert companies.
Sound Community Bank can be an equal possibility manager and all sorts of qualified applicants will receive consideration for work without reference to battle, color, religion, intercourse, nationwide origin, intimate orientation, sex identification, impairment status, protected veteran status, or virtually any characteristic protected for legal reasons.