Commercial Lender

Peoples Bank•Munster, IN

6d•$107 - $126

About The Position

The Commercial Lender originates, underwrites, and closes commercial loans and manages a loan portfolio in accordance with bank policies and regulatory lending guidelines. The role develops, maintains, and services customer relationships, cross-sells bank products, and participates in community activities that support professional growth and the bank’s image as a community bank. The position works closely with the Chief Business Banking Officer, Business Banking Team Leader, Business Bankers, Business Banking Assistants, customers, prospects, third parties, and staff in loan administration, Credit, and banking centers. The Commercial Lender must maintain the confidentiality of bank records. Information about benefits is available on the company’s Careers page.

Requirements

Bachelor’s degree in a business-related field.
Annual commercial loan originations consistently at or above the minimum for the employee’s level.
Ability to manage multiple projects in a fast-paced environment without compromising quality.
Ability to work within established standards and guidelines.
Ability to communicate with bank leadership, personnel, customers, prospects, and third parties.
Ability to work with financial information, analyze data, and use prudent judgment in decision-making.
Knowledge of Word, Excel, Microsoft Office, nCino, Salesforce, and pricing software.
Ability to extract and analyze data to identify and resolve exceptions.
Goal-oriented and proactive approach focused on results set forth by the bank’s strategic plan.
Ability to maintain the confidentiality of bank records.

Nice To Haves

Three to five years of banking, Credit, or lending experience is preferred.

Responsibilities

Call on existing customers to retain and expand relationships.
Develop new customers and prospects to achieve individual goals.
Interview prospective customers to understand their loan requests and businesses.
Provide financial consultation and analysis to help customers determine borrowing capacity.
Gather financial statements, analyze loan requests, and physically inspect collateral.
Structure and price loans within the bank’s underwriting and pricing guidelines.
Underwrite loan files by evaluating appraisals, title insurance, credit reports, and other loan-specific criteria.
Respond promptly to underwriting questions and requests for additional documentation while a loan request is in Credit.
Review policy and procedure changes to ensure compliance.
Review loan presentations for accuracy and compliance with loan policies and pricing guidelines before submitting them for approval.
Approve loans within individual lending limits and recommend loans for approval in accordance with bank policy and pricing guidelines.
Review loan documents for accuracy and completeness before borrowers sign.
Participate in Officer Loan Committee discussions and vote promptly.
Manage past-due loans through active collection efforts.
Time loan renewals appropriately and review risk, rates, and fees.
Collect updated financial information from existing customers in a timely manner.
Collect on expired insurance.
Participate in social, service, and community organizations.
Promote and explain other bank products, and use joint calling efforts with other lines of business to expand transactional relationships into primary banking relationships.
Leverage Centers of Influence and existing relationships to expand prospect calling activity.
Enter sales calls and referrals in Salesforce promptly, ensuring all calls for the month are entered by month-end.
Complete compliance testing assignments on or before their due dates.
Perform other duties as assigned.