Commercial Loan Officer

Norway Savings Bank Opportunties • North Conway, NH

18h • Onsite

About The Position

Norway Savings Bank is seeking a Commercial Loan Officer for its North Conway, NH location. This role is crucial in helping local businesses grow by building trusted relationships and delivering customized lending solutions. The Commercial Loan Officer will develop and manage a diverse portfolio of commercial clients, partner with existing and prospective customers, and identify new opportunities. This position requires understanding financial goals, providing guidance, ensuring compliance with regulations and bank policies, and connecting customers with appropriate products and services through a needs-based approach.

Requirements

• College degree with preferred emphasis in business or accounting.
• Solid foundation in credit skills, finance and accounting.
• Top notch business development abilities.
• Computer competencies (Microsoft Excel and Word, along with other bank specific platforms and programs).
• Demonstrates consistently reliable transportation to and from client meetings, community engagement events, and other off-site business related activities.

Nice To Haves

• Self-motivation, flexibility, ability to prioritize, high degree of time management skill, strong interpersonal skills, excellent organizational skills, strong negotiating skills, and excellent customer servicing abilities.
• Ability to effectively manage multiple projects and priorities fluently.
• Participates in community involvement activities and/or non-profit organizations.

Responsibilities

• Interviews commercial loan applicants and evaluates the viability of requests by identifying and collecting appropriate data necessitated for standard loan underwriting procedures to determine risk and profitability factors.
• Evaluates credit analyses while concurrently considering customer needs and other risk and regulatory factors prior to determining loan decision and negotiating terms.
• Determines the extent to which additional investigations are necessary for existing customers and new business prospects.
• Determines loan decisions within lending authority and/or recommends and presents loans for approval to appropriate approval authority including the Loan Committee and/or Board of Directors.
• Negotiates loan terms and conditions, as required.
• Prepares and approves line of credit renewals and extensions of matured notes.
• Enhances existing customer relationships by providing consistently excellent service.
• Reviews and monitors portfolio credit quality including but not limited to: initiating collection efforts, downgrading problem loans, along with constructing exit strategies when necessary.
• Provides policy and credit quality input to appropriate commercial personnel/committees.
• Demonstrates expert knowledge on bank products and services by engaging in cross-selling on a needs-based approach.
• Participates in new business and community development activities while representing the bank at various business and/or community events as requested to enhance bank visibility.
• Serves as voting member of Loan Committee as requested.
• Understanding of standard commercial loan documentation.
• Demonstrates understanding of commercial loan documentation along with possessing the ability to fully underwriter and analyst loan requests as necessary.
• Performs ongoing file updates, maintenance and organization.

Benefits

• 160 hours of paid time off per year, increasing with longevity
• 48 hours of paid sick time per year
• 11 paid holidays
• Top tier full insurance benefits
• 401K with exceptional employer matching and contributions
• Tuition reimbursement
• Employer HSA contributions
• Comprehensive Wellness Program with access to complimentary Heath Coaches, on-site fitness rooms, and monetary incentives for reaching your wellness goals
• Valued work-life balance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level