Commercial Loan Officer

First Federal Savings Bank•Meridian, ID

4d•Onsite

About The Position

Develops new business customer relationships for loan, deposit and other business banking services. Develops internal and external referral sources through centers of influence, participation in bank events and community activities. Always promotes favorable image of the bank in all business activities within the community. Develops and maintain relationships with branch managers and related staff to facilitate a team environment and successful delivery and cross referrals of products and services. Actively manages customer account relations. Manages customer portfolios to maintain appropriate loan documentation and credit quality to retain desirable customer relationships. Manages large or complex commercial loans. Counsels loan customers on appropriate financing options and strategy when needed. Participates in new loan development programs, implementing changes and additions for improvements. Maintains and enhances information based on local, regional and national economics, as well as other concerns that would impact the bank’s lending activities. Evaluates potential customer loan requests and approves or denies loans within lending limits or makes recommendations to management. Negotiates credit terms such as costs, repayment methods and collateral specifications. Provides input in maintaining interest rate structure to be consistent with the banks policies and procedures and to be competitive with current market rates. Reviews new laws and regulations that influence business lending within the bank; makes recommendations to management when necessary. Performs assigned business development activities, such as to identify and call on new prospects; assist potential customers in answering questions, handling details necessary to establish new accounts, loan file documentation and other paperwork necessary to complete customer account files. Assesses the workflow process within the Commercial Lending Department and identifies/makes recommendations for improvement.

Requirements

A Bachelor’s degree in Business, Accounting or Finance
2 years of experience in Commercial Lending or closely related role

Nice To Haves

3 years' experience as a Business/Commercial Banking Officer is preferred.

Responsibilities

Develops new business customer relationships for loan, deposit and other business banking services.
Develops internal and external referral sources through centers of influence, participation in bank events and community activities.
Promotes favorable image of the bank in all business activities within the community.
Develops and maintain relationships with branch managers and related staff to facilitate a team environment and successful delivery and cross referrals of products and services.
Actively manages customer account relations.
Manages customer portfolios to maintain appropriate loan documentation and credit quality to retain desirable customer relationships.
Manages large or complex commercial loans.
Counsels loan customers on appropriate financing options and strategy when needed.
Participates in new loan development programs, implementing changes and additions for improvements.
Maintains and enhances information based on local, regional and national economics, as well as other concerns that would impact the bank’s lending activities.
Evaluates potential customer loan requests and approves or denies loans within lending limits or makes recommendations to management.
Negotiates credit terms such as costs, repayment methods and collateral specifications.
Provides input in maintaining interest rate structure to be consistent with the banks policies and procedures and to be competitive with current market rates.
Reviews new laws and regulations that influence business lending within the bank; makes recommendations to management when necessary.
Performs assigned business development activities, such as to identify and call on new prospects; assist potential customers in answering questions, handling details necessary to establish new accounts, loan file documentation and other paperwork necessary to complete customer account files.
Assesses the workflow process within the Commercial Lending Department and identifies/makes recommendations for improvement.