Commercial Loan Officer

Job Description

Job Description

Description:

Commercial Loan Officer

Exempt - Grade Level 9

Equal Employment Opportunity

Corporate Values & Mission

“Provide superior service, quality advice and show utmost respect to everyone we meet.”

General Summary

The Commercial Loan Officer develops and manages commercial loan accounts that meet established lending requirements and provide maximum profitability to the Bank at minimum risk.

Reports To: VP Commercial Lending Team Lead and SVP Senior Lender

Essential Duties and Responsibilities

• Monitor assigned loan portfolio by maintaining accurate loan grades and risk assessments. Portfolio to consist of 75-150 accounts totaling $30-35,000,000.00.
• Make sales calls and develop new business by contacting prospects and existing clients.
• Interview loan applicants. Collect and analyze financial and related data to determine general creditworthiness of the borrower and merits of the specific loan request to evaluate for the purpose of making commercial loans and/or continuation/renewal of existing loans.
• Prepare and/or present loan presentations for committee review and approval authority
• Be active in community affairs to increase bank’s visibility and to enhance new business opportunities.
• Additional responsibilities as assigned.
• Be familiar with and comply with the provisions of the Bank Secrecy Act and USA PATRIOT Act as they relate to the functions of this position. Complete all required reports related to those acts and reports any observed violations or potential violations of those acts to a supervisor or other appropriate bank officer.
• Be familiar with and comply with all federal and state banking regulations as applicable.

Qualifications

To perform this job successfully, an Individual in this position must be able to perform each of the above essential duties satisfactorily and exhibit the values of the Company. In addition, the requirements listed below are representative of the knowledge, skill and/or ability required.

Experience and/or Education

• Bachelor's Degree in business-related major
• One (1) to three (3) years of commercial lending or credit underwriting experience
• Knowledge of all commercial lending functions and regulatory requirements; has a thorough understand of underwriting, coverages, and rating procedures

Competencies

In addition to the Corporate Core Competencies, individuals in this position are expected to exhibit the following:

Written and Oral Communication – Effective written and oral communication skills required, with the ability to interface with internal and external stakeholders and community partners. Has group presentation skills.

Quality – Demonstrates accuracy and thoroughness; monitors own work and the work of others to ensure quality.

Technical Skills – Assesses own strengths and weaknesses; pursues training and development opportunities; strives to continuously build knowledge and skills; shares expertise with others as necessary. Has a thorough understanding of underwriting, coverages and rating procedures.

Judgment – Displays willingness to make decisions; exhibits sound and accurate judgment; supports and explains reasoning for decisions; includes appropriate people in decision-making process. Makes timely decisions.

Project Management – Develops project plans; coordinates projects; communicates changes and progress; completes projects on time ad budget; manages project team activities.

Initiative – Undertakes self-development activities; takes independent actions and calculated risks; looks for and takes advantage of opportunities; asks for and offers help when needed.

Quantity – Meets productivity standards; completes work in a timely manner; stives to increase productivity; works quickly.

Physical Demands and Work Environment

Ability to work in an office environment which may include many hours of computer and telephone usage. In addition, this position requires many hours of “outside” or non-office activities that will place the employee in a variety of private and public environments. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subject to reasonable accommodations.