Commercial Loan Officer - 3 (Como - St. Paul)
About The Position
At Sunrise Banks we are committed to a culture of trust and transparency that welcomes all. POSITION SUMMARY Service and maintain a portfolio of a variety of commercial loan accounts. Interview, assess and analyze prospective loan clients and their financial position. Establish new business loans and deposit prospects through sales calls, networking and referral base. Grant new loans according to bank guidelines and loan policy. ESSENTIAL FUNCTIONS Collects and analyzes financial and related data in order to determine the credit worthiness of the borrower within the parameters of the bank’s loan policies. Establishes and negotiates the terms under which credit will be granted to comply with loan underwriting guidelines. Solicits business from new & existing customers; actively seeks out, identifies and solicits commercial loan business consistent with the bank’s objectives to increase the commercial loan portfolio. Ensures proper loan documentation is executed to provide the bank with a valid promissory note and security interest in collateral. Manages individual loan portfolio including collections and restructuring of problem loans. Reviews existing loan portfolio for documentation exceptions and periodic financial statements. Refer clients and prospects to “non-bank” investment, insurance and mortgage related services. Performs other responsibilities and special projects as assigned.
Requirements
- College degree in business related field or equivalent relevant experience.
- Previous financial industry experience required.
- Strong sales skill set.
- Comprehensive skill set in the use of the following software applications: Microsoft Excel, Word, and Outlook.
- Commercial loan experience required, as follows: CLO 3 = Ten (10) yrs & coml lending school.
Nice To Haves
- Previous credit experience beneficial.
- CDFI, non-profit, CRE credit experience.
- Dale Carnegie sales training is beneficial.
- GSB Degree is a plus.
Responsibilities
- Service and maintain a portfolio of a variety of commercial loan accounts.
- Interview, assess and analyze prospective loan clients and their financial position.
- Establish new business loans and deposit prospects through sales calls, networking and referral base.
- Grant new loans according to bank guidelines and loan policy.
- Collects and analyzes financial and related data in order to determine the credit worthiness of the borrower within the parameters of the bank’s loan policies.
- Establishes and negotiates the terms under which credit will be granted to comply with loan underwriting guidelines.
- Solicits business from new & existing customers; actively seeks out, identifies and solicits commercial loan business consistent with the bank’s objectives to increase the commercial loan portfolio.
- Ensures proper loan documentation is executed to provide the bank with a valid promissory note and security interest in collateral.
- Manages individual loan portfolio including collections and restructuring of problem loans.
- Reviews existing loan portfolio for documentation exceptions and periodic financial statements.
- Refer clients and prospects to “non-bank” investment, insurance and mortgage related services.
- Performs other responsibilities and special projects as assigned.
- Will demonstrate leadership and provide coaching to loan team, including Portfolio Managers, Team Members and BBAs.
Benefits
- Medical, Dental, Vision, Life, AD&D, STD, LTD, Pet insurances
- FSA, PPL, PTO, PVTO, 401k w/match and more.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
