Commercial Loan Officer

Job Description

Job Description

Description:

Position Overview

Key Community Bank is seeking an experienced Commercial Lender to join our team in Inver Grove Heights, Minnesota. The Commercial Lender will be responsible for developing and managing a high-quality portfolio of commercial and commercial real estate relationships, including business development, credit structuring, underwriting support, and ongoing portfolio management in alignment with our community bank culture and risk standards.

About Key Community Bank

Key Community Bank is a locally owned, relationship-focused community bank headquartered in Inver Grove Heights, MN. We serve small and mid-sized businesses, commercial real estate investors, and local professionals with tailored credit, deposit, and treasury solutions. Our culture emphasizes responsive decision-making, direct access to local leadership, and a conservative yet growth-oriented credit philosophy.

Key Responsibilities

• Proactively develop new commercial and commercial real estate relationships within our market through calling efforts, networking, centers of influence, and community involvement.
• Build and maintain long-term relationships with business owners, real estate investors, and professional firms, serving as a trusted advisor on financing and banking needs.
• Interview prospective borrowers, gather financial information, and evaluate credit requests for working capital, equipment, owner-occupied and investor real estate, and other commercial purposes.
• Analyze financial statements, tax returns, rent rolls, and cash-flow projections; recommend appropriate loan structures, terms, and covenants consistent with bank policy and risk appetite.
• Prepare and present clear, well-supported credit recommendations in accordance with bank policies, procedures, and regulatory requirements.
• Work closely with credit administration and loan operations to ensure accurate documentation, timely closing, and proper booking of new and renewed loans.
• Monitor an assigned loan portfolio for credit quality, covenant compliance, maturities, renewals, and past due relationships; take proactive steps to address emerging credit issues.
• Cross-sell deposit, treasury/cash management, and other bank products to deepen relationships and improve profitability.
• Maintain current knowledge of applicable banking regulations, loan policy, underwriting standards, and documentation requirements.
• Actively represent Key Community Bank in community, civic, and professional organizations within the Inver Grove Heights and greater south-metro Twin Cities market.

Qualifications

• Bachelor’s degree in Business, Finance, Accounting or related field, or equivalent banking experience.
• Typically 3–7 years of experience in commercial and/or commercial real estate lending, preferably in a community bank setting. Senior-level candidates with greater experience are encouraged to apply.
• Demonstrated success in sourcing, underwriting, and managing a profitable commercial loan portfolio.
• Strong credit skills, including financial statement and tax return analysis, global cash-flow evaluation, collateral assessment, and risk rating methodology.
• Working knowledge of applicable federal and state lending regulations and commercial loan documentation.
• Proven ability to build relationships and generate business through calling, networking, and referral development.
• Excellent written and verbal communication skills; ability to prepare and present concise credit write-ups and recommendations.
• Proficiency with Microsoft Office (Excel, Word, Outlook) and common banking/loan systems.

Personal Attributes

• Relationship-oriented with a strong commitment to community banking values.
• Sound judgment and a balanced approach to growth and risk.
• High level of integrity, professionalism, and accountability.
• Self-starter who can manage a pipeline and portfolio with limited supervision while collaborating effectively with colleagues.

Compensation and Benefits

• Competitive base salary commensurate with experience, plus performance-based incentives tied to portfolio growth, quality, and overall contribution.
• Comprehensive benefits package including health, dental, vision, life insurance, and retirement plan.
• Opportunities for professional development, credit training, and career advancement within a growing community bank.

Requirements: