Commercial Loan Officer Contractor

Finance Authority of Maine•Augusta, ME

About The Position

We are seeking an experienced Commercial Loan Officer on a 6-12 month contract term to support our lending team by analyzing credit requests, closing commercial loans, reviewing and approving commercial loan insurance requests, servicing a commercial loan portfolio, and assistance with programmatic work. This position will also negotiate with lenders and/or borrowers to properly structure loan and loan insurance requests and then present them to appropriate staff and/or FAME boards with recommendations for action. This role requires a proactive, organized, and collaborative individual who is comfortable navigating complex commercial loans and working with multiple stakeholders. The successful candidate will play a critical role in ensuring the timely delivery and success of multiple credit and loan insurance requests. We are looking for someone who enjoys working with the team, managing multiple priorities, and has commercial lending experience.

Requirements

Proven experience (typically 3-5+ years) in banking with a background in complex commercial loans
Demonstrated experience with servicing commercial loan portfolios
Demonstrated experience with loan presentation to stakeholders including board level roles
Strong organizational, analytical, and problem-solving skills
Excellent communication and interpersonal skills

Nice To Haves

Preferably in a consulting or contract capacity
Familiarity with multi-layer deal structures and business analysis practices

Responsibilities

Analyzing credit requests
Closing commercial loans
Reviewing and approving commercial loan insurance requests
Servicing a commercial loan portfolio
Assistance with programmatic work
Negotiating with lenders and/or borrowers to properly structure loan and loan insurance requests
Presenting loan and loan insurance requests to appropriate staff and/or FAME boards with recommendations for action