Commercial Loan Officer II

Centennial Bank•Fort Worth, TX

5d•Onsite

About The Position

The Commercial Loan Officer II is responsible for extending credit within the policies and guidelines set forth in the loan policy. This position ensures that all loan decisions, actions, and recommendations are based on an accurate and thorough understanding of each customer's financial needs and conditions and comply with all laws, regulations, and bank policies. The Commercial Loan Officer II must properly administer the creditworthiness and documentation of all loans and/or borrowing relationships originated or assigned to the officer. Further, it is the officer's responsibility to maintain current credit files and proper note and collateral security documents. This role also involves assigning proper credit ratings, recognizing and reporting credit quality deterioration, recommending approval and administering workout programs for problem loans, recommending approval and monitoring reserves, administering the collection process, protecting depositors' funds and stockholders' equity, generating earnings for the bank, promoting a favorable bank image, interviewing loan applicants and making credit decisions, developing new business, managing an existing portfolio, collecting past due loans, keeping credit and collateral exceptions within policy ranges, and managing a portfolio of loans and coordinating collection efforts.

Requirements

Broad knowledge of accounting, marketing, business administration, finance, etc.
Equivalent to a four-year college degree, plus 5 years related experience and/or training, and 4 years related management experience, or equivalent combination of education and experience.
Ability to write reports, business correspondence, and policy/procedure manuals.
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane, algebra, geometry, and trigonometry.
Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.
Intermediate proficiency in Spreadsheet and Word Processing/Typing software.
College degree in general business, finance, economics or accounting.
Five (5) years lending experience.
Five (5) years experience with banking, investment, or economic analysis.
Two (2) years experience using Microsoft Word and Excel.
General computer skills.
Ability to communicate using oral and written skills.

Nice To Haves

The position may require the use of a vehicle to service customers, administer or participate in civic events, commute to company-owned properties, commute to company-related places of business, or any other purpose considered necessary to the job.

Responsibilities

Extends credit within policies and guidelines.
Ensures loan decisions comply with laws, regulations, and bank policies.
Administers creditworthiness and documentation of loans.
Maintains current credit files and collateral security documents.
Assigns proper credit ratings to loans and reports credit quality deterioration.
Recommends approval and administers workout programs for problem loans.
Recommends approval and monitors loan reserves.
Administers the collection process.
Protects depositors' funds and stockholders' equity.
Generates earnings for the bank.
Promotes and maintains a favorable image for the bank.
Interviews loan applicants and makes credit decisions.
Develops new business and manages existing portfolio.
Collects past due loans and keeps credit/collateral exceptions within policy.
Manages a portfolio of loans and may coordinate collection efforts.
Interviews commercial loan applicants.
Examines and evaluates applicants' credit and financial history.
Examines collateral to determine adequacy.
Authorizes or recommends approval/denial of applicant.
Approves loan within specified limits or refers to appropriate approval level.
Prepares loan offering memorandum.
Ensures all loan documents are complete, accurate, and in accordance with policy.
Closes/Declines loans in a timely manner.
Monitors loan portfolio/performance.
Corresponds with customers.
Recommends changes in risk rating.
Collects past due loan payments.
Develops potential loan markets and loan prospects.
Completes required BSA/AML training and other compliance training.
Works in a constant state of alertness and in a safe manner.
Performs any other related duties as required or assigned.