Commercial Loan Officer - Specialty Lending

Northern Bank • Woburn, MA

4d • $130,000 - $160,000 • Onsite

About The Position

The Commercial Loan Officer is responsible for developing new client relationships primarily in Middlesex County to increase the loan portfolio and associated deposit balances.

Requirements

• 5+ years of commercial lending experience including both C&I and CRE loans
• Strong understanding of credit risk and sound underwriting principles.
• Strong understanding of the Banking industry and the regulatory requirements associated with it
• Excellent communication and organization skills.
• Strong analytical and computer skills including Microsoft Office products and lending programs
• Proven track record of relationship/portfolio management as well as loan origination

Nice To Haves

• Bachelor’s degree in Business, Finance, and/or Accounting preferred

Responsibilities

• Develop a diverse commercial loan portfolio through actively seeking new business.
• Assist in all phases of the loan life cycle (from application to close) by: Identifying and evaluating commercial loan opportunities.
• Present and recommend appropriate loans to the Bank’s credit committee.
• Compile necessary information needed for underwriters to accurately evaluate the deal.
• Consistently communicate with the borrower and Bank staff throughout the loan process.
• Work with the loan closing team and Bank’s attorney to close the loan.
• Meet and exceed annual lending goals set forth by the Bank.
• Understand Bank credit policy as well as regulatory requirements to ensure all loans are in compliance.

What This Job Offers

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