Commercial Loan Officer

GenoaBank • Sandusky, OH

5h • Onsite

About The Position

GenoaBank, founded in 1902, is a locally-owned, independent community bank that provides a broad range of banking services to both business and private customers. The Commercial Loan Officer position is responsible for making and servicing commercial loans within assigned lending limits, making loan presentations, and participating in commercial lending decisions. This role also involves performing other customer services to manage a commercial loan portfolio, including collection efforts, and is responsible for calling on new customers to generate loan and deposit business.

Requirements

• Bachelor’s Degree in Finance, Sales, Business or related field.
• At least 2 years experience in Commercial Lending.
• Above average Communication Skills.
• Strong and proven sales and business development skills.
• Familiar with financial statements and compliance regulations.

Nice To Haves

• Background in credit analysis helpful.

Responsibilities

• Develops personal business plan to achieve annual loan production goals.
• Calls on non-current business customers to attract new business relationships.
• Interviews applicants to develop information concerning their businesses, needs, desires, abilities, and earnings to determine the level of acceptable risk.
• Promotes all GenoaBank products.
• Obtains and analyzes financial statements.
• Submits financials to Credit Analyst for review.
• Makes lending decisions in accordance with the loan policy manual.
• Attends Loan Officer Committee Meetings and participates in loan decision making.
• Responsible for loan structuring and making recommendations to the loan committee.
• Maintains current relationships by attending to needs and seeking new opportunities within each relationship.
• Makes courtesy calls to ensure needs are being met by the bank.
• Answers questions and resolves customer complaints.
• May give financial advice and counsel to customers and prospective customers.
• Assists service staff in collection of annual financial statements.
• Responsible for initiating collection efforts on delinquent loans.
• Works with supervisor and/or collection department if delinquency progresses.
• Responsible for submitting weekly call reports to Supervisor.
• Maintains compliance and required compliance training with all banking laws, acts, regulations and bank policies and procedures.
• Any other duties and/or projects as assigned by Management.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Long-term disability insurance
• Short-term disability insurance
• Life insurance
• 401(k) plan
• 401(k) matching
• Profit sharing
• Employee Stock Purchase Plan
• Generous paid time off

What This Job Offers

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