Commercial Lending Officer

Description

For over 100 years, ABOC has fostered deep ties with our customers and our community, serving the banking needs of countless businesses, organizations, institutions, and individuals, many for multiple generations. These relationships are based on profound trust, in-depth understanding and highly personal and responsive service provided by our experienced bankers.

We take tremendous pride in being a great place to work! We value the contributions our employees bring to the table every day. We work hard to nurture and maintain a mutually respectful, diverse culture that fosters teamwork and a commitment to exceptional customer service.

ABOC looking for a Commercial Lending Officer .This person is responsible for developing and managing commercial lending relationships while delivering tailored financing solutions to meet business client needs.

RESPONSIBILITIES:

• Interview loan applicants, collect and analyze financial and related data to determine the credit worthiness of the prospect and the merits of the specific loan request.
• Establish and negotiate the terms under which credit will be extended: including interest rates, fees, repayment schedule and collateral required.
• Approve loans up to authorized limit and serve as a contact officer on loans above this limit.
• Reviews the current credit worthiness and merits of existing assigned loans, by direct inspection of the applicant's business and/or collateral review of interim financial reports, personal interview, etc.
• Monitor loan repayment activities of assigned loans and take necessary action to collect on past-dues.
• Attend weekly loan meetings.
• Develop new business by contacting prospects and present customers including cross-selling bank services.
• Source and establish new construction loans.
• Approves overdrafts, uncollected funds, check referrals and sign checks up to authorized limits.
• Make recommendations on improvements or change of policy through chain of command.
• Performs other related duties as assigned.

REQUIRED EDUCATION, EXPERIENCE AND SKILLS:

• Bachelor's degree in business, accounting, finance, or related field
• Minimum of 5 years' experience in commercial and real estate lending
• Ability to travel up to 20% of the time
• Attend business functions in the evenings and weekends occasionally
• Microsoft 365 Experience
• Excellent communication skills, both written and verbal.

We are an equal opportunity employer and value diversity, equity, and inclusion at our company. We do not discriminate based on any protected category. We will ensure that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.