Commercial Loan Officer - Russellville, KY
Independence Bank•Russellville, KY
•Hybrid
About The Position
The Commercial Loan Officer will be responsible for developing new business, structuring and closing loans, as well as maintaining and servicing an existing portfolio. Must be a relationship manager focused on loan production and deposit growth resulting in a full banking relationship. This position will represent the bank in the local community through active participation in community affairs and participate in marketing of the bank’s products.
Requirements
- High School or GED
- A minimum of three (3) years of experience in commercial lending required
- Customer service skills
- Negotiation skills
- Oral and written communication skills
- Decision-making skills
- Interpersonal skills
- Mathematical skills
- Analytical thinking skills
- Financial skills
- Ability to multi-task
Nice To Haves
- Bachelors Degree in finance, business, economics, accounting or other related field preferred
Responsibilities
- Meets with applicants to obtain information for loan applications and answer questions about the process
- Explains to customers the types of loans and credit options available, including the terms of service
- Obtains and compiles copies of loan applicant's credit histories, financial statements, and other applicable financial information
- Analyzes applicant’s financial status, credit, and collateral to determine eligibility of granting loans
- Submits applications to credit analysts for verification and recommendation
- Approves loans within specified limits and presents loan applications outside those limits to appropriate authority for approval
- Reviews loan documents to ensure they are complete and accurate according to policy
- Reviews and updates credit loan files
- Stays abreast of new types of loans and other financial services and products to better meet customer’s needs
- Monitors existing loan portfolio to ensure proper risk ratings and early identification of potential issues
- Maintains on-going customer contact, quality customer service, and superior product knowledge
- Works with Cash Management and Trust Department to enhance banking relationship with existing and potential customers
- Maintains a presence in the community with civic organizations, events, and high visibility functions
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
