Commercial Loan Officer - C&I Lending

ConnectOne Bank•Melville, NY

1d•Hybrid

About The Position

The Commercial Loan Officer (CLO) is responsible for developing new business, broadening existing relationships, underwriting, structuring,closing of commercial loans (including asset classes for land, site and construction transactions and/or C & I and owner occupied transactions), as well as maintaining and managing an existing portfolio. The Commercial Loan Officer represents the bank in the local community through active participation in community affairs and participates in marketing all of the Bank’s products and services. The CLO is responsible for their portfolio from “Cradle to Grave” In this role you will: Support the Bank’s “People First” focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB “A Better Place to Be”. Source, develop and underwrite new loans, interim and permanent mortgages and lines of credit for new and existing clients, including collecting and analyzing information regarding the client’s income, assets, investments and/or debts. Maximize bank profitability through appropriate pricing of new loan originations, fee income and selling of all bank products and services; advising clients regarding the advantages and disadvantages of different financial products. Negotiate terms, structure loan financing based on risk analysis and present credits for approval to appropriate levels of authority with the bank as required. Ensure all activities, transactions and records are in compliance with operational, security and control procedures of the Bank, preventing fraud and protecting customer assets. Handle client service issues by conducting research, taking ownership, and daily follow up (as necessary) until conclusion. Review and negotiate all loan documentation for any given transaction.

Requirements

Strong “People First” interest and ability.
Knowledge of relevant Federal and State banking regulations.
Credit training.
Thorough knowledge of procedures and policies with respect to loan transactions.
Familiarity with Bank security and safety practices.
Strong understanding of commercial loan documentation.
Minimum five years of C&I lending experience.
Thorough understanding of federal banking compliance and requirements.

Nice To Haves

Working knowledge of Google apps and products.
Working knowledge of the nCino loan processing platform.
Bachelor’s degree preferred, commensurate on-the-job experience is acceptable.
Formal bank credit training

Responsibilities

Developing new business
Broadening existing relationships
Underwriting, structuring,closing of commercial loans (including asset classes for land, site and construction transactions and/or C & I and owner occupied transactions), as well as maintaining and managing an existing portfolio.
Representing the bank in the local community through active participation in community affairs
Participating in marketing all of the Bank’s products and services
Source, develop and underwrite new loans, interim and permanent mortgages and lines of credit for new and existing clients, including collecting and analyzing information regarding the client’s income, assets, investments and/or debts.
Maximize bank profitability through appropriate pricing of new loan originations, fee income and selling of all bank products and services; advising clients regarding the advantages and disadvantages of different financial products.
Negotiate terms, structure loan financing based on risk analysis and present credits for approval to appropriate levels of authority with the bank as required.
Ensure all activities, transactions and records are in compliance with operational, security and control procedures of the Bank, preventing fraud and protecting customer assets.
Handle client service issues by conducting research, taking ownership, and daily follow up (as necessary) until conclusion.
Review and negotiate all loan documentation for any given transaction.

Benefits

World class health, vision, and dental benefits on day one
401k with employer match
Hybrid work from home (depending on role)
Employee appreciation events (team building, softball games, food truck days, etc..)
Employee assistance programs (EAP)
Wellness programs (flu shot, preventive care, health programs and services discounts, etc..)
Tuition reimbursement
Employee Discount perks
CNOB Community Service Events
….and much, much more!