Commercial Loan Officer III
About The Position
The Commercial Loan Officer III develops, manages, and grows agricultural, SBA, commercial, and/or commercial real estate loans that meet established commercial lending criteria while providing maximum profitability to the Bank at minimum risk. The role also develops and increases commercial and retail deposit accounts. The position manages loan and commercial deposit portfolios, maintains customer relationships, solicits new customers, negotiates loan rates and terms, analyzes credit applications and financial information, and makes sound lending decisions within a predetermined lending limit. It coordinates with Credit Administration, makes recommendations to the loan committee for loans above its lending limit, and contributes to Bank committees and community activities.
Requirements
- Bachelor’s degree in Finance or Business Administration, or equivalent specialized training in commercial and/or consumer lending and overall bank management.
- At least 5 years of experience in commercial lending.
- Relevant knowledge of CRE and C&I lending.
- Thorough knowledge of the Company’s products and services.
- High level of analytical skill to conduct loan analysis and monitor loan progress in consideration of market trends, credit and interest rates, economic conditions, and other factors.
- High level of interpersonal skill to interact professionally with customers and potential customers.
- Adequate knowledge of internal policies and procedures and applicable state and federal laws and regulations governing departmental functions.
Responsibilities
- Ensure the asset quality of the assigned loan portfolio; review delinquency reports with the direct supervisor, support appropriate collection efforts, maintain low loan delinquency, prevent administrative past-due loans, and promptly communicate stressed credits to the supervisor.
- Manage, supervise, and grow individual loan and commercial deposit portfolios.
- Develop and maintain the existing customer base and build customer satisfaction and confidence in the Bank.
- Work effectively with personnel in the Credit Administration Department.
- Solicit new customers and negotiate rates and loan terms for new and renewal loans in a competitive, price-sensitive environment.
- Cross-sell other Bank services, including retail deposits, cash management, retail lending, and wealth management services.
- Analyze customer credit applications, balance sheets, profit and loss statements, and cash flow projections within a predetermined lending limit to make sound loan decisions and predict repayment capacity.
- Coordinate credit analysis with personnel in the Credit Administration Department.
- Recommend new and renewal loans above the lending limit to the loan committee.
- Participate as a member of Bank committees as assigned.
- Represent the Bank and provide leadership in key community activities and committees.
- Participate in professional associations and attend conventions, conferences, and seminars.
- Complete required training associated with the job function.
- Perform related duties as assigned.
Benefits
- Comprehensive healthcare and competitive health coverage
- Dental and vision coverage
- Well-being benefits
- HSA match
- Paid family leave and parental leave
- Generous paid time off
- Paid holidays
- Banking perks
- Tuition reimbursement
- Employee Stock Purchase Plan
- 401(k) plan with employer match
- Discretionary short-term incentives, including bonuses, incentives, and/or commission
- Performance-based bonuses
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
