Commercial Loan Officer II
PLACE EXPLANATION The Commercial Loan Officer II is in charge of supplying expert lending that is commercial to existing and prospective bank customers. The Commercial Loan Officer II is anticipated to quickly attain their specific manufacturing and consumer calling objectives and precisely handle their assigned loan portfolio.
POSITION QUALIFICATIONS Bachelors’ degree preferred, plus at the least 3 – five years of progressively responsible Commercial experience that is lending. Trustworthiness and sensitiveness are crucial. Skill competencies needed include, but they are not restricted to: ? capacity to underwrite credit demands, determine appropriate loan framework and current loan that is proposed 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 ability and ratio analysis ? Good knowledge of financial statements including stability sheets, earnings statements and declaration of cash flows ? exemplary relationship building and social skills ? Strong consumer focus ? Strong organizational and multi-tasking abilities in a fast-paced environment ? exceptional verbal and written interaction abilities ? exceptional proofreading abilities with a solid focus on detail ? capability to work both individually so when a team player ? Practice perfect ethical behavior and knows the necessity for privacy ? i . t knowledge is a bonus. ? will need to have legitimate driver’s license and usage of an insured car
Should have a broad comprehension of Bank operations and compliance that is regulatory such as the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will continue to work closely aided by the Commercial Team Lead and Commercial Banking Manager to control current financing clients and develop new customer relationships to attract future financing possibilities when it comes to bank. The Commercial Loan Officer II is going to work closely aided by 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 relationship that is working a selection of facilities of impact, community leaders and company experts.
Responsibility # 1 Loan Production and Maintenance
Originate, underwrite, and solution a profile of commercial banking relationships and cross-sells other banking solutions whenever appropriate
Track current loan portfolios to steadfastly keep up a top quality asset base and help in number of delinquent loans
Negotiate renewals of credit facilities. https://loansolution.com/installment-loans-mo/ Suggest approval of loan re re payments, construction draw requests, draws from personal lines of credit and funds transfers with specified limitations
Responsibility # 2 Credit and Borrower Review
Screen possible commercial borrowers by analyzing their company plan, methods, and projections, along with, historical monetary statements and company outcomes
Talk with current customers and leads through different ways to talk about company requirements and suggest ways that the lender can offer solutions
Utilize Credit Analysts to accurately review borrower that is prospective and coordinate processing of approved loans
Test monetary loan covenants and prepare yearly term loan reviews
Ensure all loan papers are correct, signed and recorded/perfected.
Ensure all supporting paperwork is complete and signed whenever necessary.
Responsibility #3 Home Based Business Developing / Community Outreach
practice company development tasks and get brand new quality that is high and deposit company to quickly attain 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 possibilities, maintaining individual companies and playing expert businesses.
Sound Community Bank is an opportunity that is equal and all sorts of qualified candidates will get consideration for work without respect to competition, color, faith, sex, nationwide beginning, intimate orientation, sex identification, impairment status, protected veteran status, or other characteristic protected for legal reasons.