Business Banking Assistant Banking Officer

Republic Bank•Lyndon, KY

2d•Hybrid

About The Position

The Commercial Banking Assistant Banking Officer is responsible for working with Officers and their client base to facilitate their loan requests, typically up to $7 Million, and any loan and deposit servicing requests. This position is typically dealing with the most complex type of loans within the Bank, and therefore requires a higher degree of expertise in commercial lending. In addition, this position is responsible for a larger amount of line of credit renewals, annual reviews, and financial statement and covenant tracking, due to the larger average size of loans and the heavier focus and concentration on C & I Lending within the portfolio. This position is also responsible for the handling of the entire process of any loan application through to the closing while following all policy and procedures in a manner that is consistent with the company’s financial objective. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Requirements

Minimum 2 years banking experience in processing retail and/or commercial loans required.
Proficiency in Microsoft Office products and internet applications required.

Nice To Haves

Sales and customer service skills preferred.

Responsibilities

Contact and meet with clients to collect the necessary information to process their loan request. May involve taking loan applications, opening new accounts, and retrieving information on file from Docuview, and assessing any additional information needed and collecting it.
Review with clients any necessary documents at time of loan application, adhering to any Republic compliance standards.
Submit and process commercial loan requests in conjunction with our centralized credit/processing/underwriting area, maintaining contact and clear communication with processing / underwriting, the closing attorney as needed, our client and the Officer who initiated the loan.
Learn the various types of commercial loans from owner occupied CRE, investment CRE, and C & I.
Schedule and coordinate commercial loan closings with clients and when applicable buyers, realtors and closing attorneys and attend or close loans if necessary.
Review settlement statements prior to closing and go over with client.
Have a thorough understanding of Republic’s loan and deposit products and matrix guidelines.
Handle client inquiries; help with problem solving, research, transfers, processing payments and customer service. Ensure first and second payments are being set up properly via ACH or billing to avoid 1st and 2nd payment defaults.
Complete necessary servicing tasks (file maintenance, BOB maintenance, payoff requests etc).
Work and renew all matured loans as well as annual reviews for business clients, as well as gathering of financial statements and covenant documentation, and look for other opportunities to cross sell
Look for innovative ways to streamline the flow of work and better assist clients.
Assist Management with preparation of sales and production reports.
Prepare and submit Fee Waivers according to LO/Management requests.
Prepare Summary of Terms and Commitment Letters for all officers as required within Bank policy.
Learn all bank systems, including but not limited to the commercial Loan Operating System and Salesforce.
Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required.
Model and foster behaviors that support the Bank’s values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.
Willingly perform all other duties and projects as assigned.