Commercial Lending Officer

Maine Savings Federal Credit Union • Ellsworth, ME

2d

About The Position

This role is responsible for developing new business, underwriting, structuring, and closing of commercial loans, as well as maintaining and servicing a commercial loan portfolio.

Requirements

• Applicant should be able to exercise good judgment in establishing and maintaining working relationships, problem solving, and be able to deliver a high level of accuracy, focus and timeliness with limited supervision.
• Strong written and verbal communication skills are required along with a proficiency in Microsoft Office Suite of Programs/Products.
• Must have the ability to read, analyze, and interpret policies, contracts, credit and financial documents as well as other legal documents as needed.
• Ability to present, sell and service bank products as well as demonstrate professional knowledge of commercial lending.
• Strong analytical and mathematical capabilities as well as an understanding of credit underwriting and loan documentation.
• Minimum of 5 years' experience in Commercial lending, with a preference for existing experience within service area preferred. Credit training.
• Bachelor's Degree in Business Administration or related area.
• Ability to generate $8-12 million in new loan growth.

Responsibilities

• Interviews applicants to determine loan requirements and gathers pertinent information for loan applications.
• Requests applicant credit reports, background checks, reference checks and other information pertinent to loan applicant's evaluation.
• Analyzes applicant's financial status, credit, and asset evaluation to determine feasibility of granting a loan, establishes credit limit through written and/or oral assessment.
• Resolves uncertainties relating to customer application information through inquiries with applicant or creditors.
• Structure loans within loan policy. Approves loan within specified limits or champions loan opportunities to the credit department and/or Committee for proper approval.
• Prepares financing proposals consistent with approval for presentation to the applicant
• Reviews loan documentation prior to closing for completeness and acceptance by the applicant.
• Ensures timely loan closing and funding activities.
• Maintains a positive working relationship with customers, bank staff, local professionals, centers of influence, and community organizations.
• Participate in community and professional organizations and events.
• Manage loan portfolio including renewals, modifications, updated credit analysis, collections and portfolio monitoring.
• Uses experience and sound judgment to plan and accomplish goals.

Benefits

• Maine Savings offers an excellent compensation package as well as the opportunity to thrive in a challenging, fun, and exciting environment.
• Maine Savings also offers health insurance, dental and vision insurance, 401k with company match, paid holidays, a generous Paid Time Off program, employee referral program, employee discounts, continuing education and student debt relief programs, longevity bonuses and more!

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level