Business Banker
About The Position
Responsible for managing an assigned commercial loan portfolio. This responsibility includes credit quality, credit approval and profitability of the portfolio. Performs due diligence to verify the information provided by customer and contained in the loan application or other information submitted. Gathers information about customer relationship and related credit exposures Utilizes multiple sources to gain background information on assigned clients Gains understanding of the borrower's industry Gathers and evaluates business/personal financial statements, balance sheets and tax returns to determine borrower's ability to pay Works with manager and credit administration on analyzing of information obtained. Assists with credit approval presentations to the Executive Loan Committee and Board of Directors when the proposed loan dollar value exceeds lending authority. Assists with credit file review and annual review of loans, and monitors existing credits Reviews new laws and regulations that influence business lending within the financial institution. Assist in the correction of loan deficiencies cited by examiners. Develops new customer prospects and business for the financial institution. May participate in customer calls with other lenders Responsible for deepening customer relationships with new and existing customers. This will be accomplished through understanding the full account relationship with customers and making sales calls.
Requirements
- Comprehensive knowledge of banking and lending concepts, practices, and policies.
- Ability to effectively analyze information and situations to make timely and sound decisions.
- Highly organized.
- Strong service and team orientation.
- Proficient in Excel and Microsoft Word to produce documents and compile information.
- Strong communication and interpersonal skills.
Responsibilities
- Manage an assigned commercial loan portfolio, ensuring credit quality, approval, and profitability.
- Perform due diligence to verify customer-provided information and loan application details.
- Gather information on customer relationships and related credit exposures.
- Utilize multiple sources to gain background information on assigned clients and understand their industry.
- Evaluate financial statements, balance sheets, and tax returns to determine borrower's ability to pay.
- Collaborate with manager and credit administration on information analysis.
- Assist with credit approval presentations to the Executive Loan Committee and Board of Directors for loans exceeding lending authority.
- Assist with credit file reviews and annual reviews of loans, and monitor existing credits.
- Review new laws and regulations impacting business lending.
- Assist in correcting loan deficiencies cited by examiners.
- Develop new customer prospects and business for the financial institution.
- Participate in customer calls with other lenders.
- Deepen customer relationships through understanding full account relationships and making sales calls.
- Attend and/or complete assigned training.
- Comply with requirements imposed by federal and state regulatory agencies.
- Respond to customer needs and priorities, recognizing and acting to meet them.
- Establish effective working relationships with customers to gain their respect and loyalty.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
