Commercial Loan Officer

River Valley Community Bank • Yuba City, CA

2d

About The Position

A Commercial Loan Officer analyzes, structures, underwrites and services a variety of business and individual loans, both secured and unsecured. They are detail oriented and provide initial credit screening of new loan opportunities. They work closely with other team members to deliver soundly structured credit solutions to existing and prospective bank clients. They are responsible for structuring and underwriting loan requests as well as guiding the requests through the delivery channel. They carry out the internal advocacy for credit requests through written and verbal presentations. Each Commercial Loan Officer keeps management informed as to the status of loans in their portfolio by collecting/reviewing required financial information and frequent customer interaction and is responsible for proper risk assessment of all credit requests and loans within their assigned portfolio. They provide financial counsel to current and prospective customers and handle primarily new credit requests and more complex requests for existing clients. The Commercial Loan Officer must understand and adhere to the bank’s policies and procedures while recommending and providing solutions which meet the client's needs. They are expected to have knowledge and understanding of, and be compliant with, all Federal and State bank regulations.

Requirements

• Bachelor’s degree in business administration, finance, or related field or equivalent work experience.
• Knowledge of accounting and financial statement basics
• Knowledge of credit principles and concepts, theories, loan structure and banking products.
• Strong verbal, written, and interpersonal communication skills with an ability to apply common sense to carry out instructions, read, analyze, and interpret many different types of communication.
• Experience working with others in a team setting to meet client needs and respond promptly to client requests.
• Ability to handle multiple assignments simultaneously.
• Working knowledge of computers and computer software such as Microsoft Word, Microsoft Outlook, Excel

Nice To Haves

• One year or more of Commercial credit underwriting experience is preferred, but not required.
• Experience with spreading software such as Moody’s, Baker Hill, CreditQuest, or a similar product is preferred but not required.

Responsibilities

• Structures and underwrites credit requests and prepares credit write-ups for approval primarily consisting of relationships that are new to the bank and more complex credit requests for existing clients.
• Structures, analyzes, recommends, and presents consumer and commercial credit requests for approval.
• Develops and maintains quality customer relationships; including business/personal loans and deposits, also calls on existing customers to maintain a strong relationship and provide additional banking products as needed.
• Makes and services a variety of business and individual loans and lines of credit, both secured and unsecured.
• Monitors and keeps informed on status of loans in assigned portfolio.
• Requests required customer information per loan documents and monitors for covenant compliance, promptly notifying management of any deterioration in the portfolio.
• Reviews loan documentation and cross-references with approved loan request to ensure accuracy prior to sending to customer for signature.
• Responsible for assigned customer credit quality, net yield on loans and origination/funding of loans consistent with the Bank’s credit policies.
• Maintains complete and accurate loan files, reviewing and preparing the files for completeness prior to audits.
• Represents the bank at select civic and community functions to develop additional business.
• Provides guidance and direction to junior staff members, including mentoring and training of credit analysts.
• Reviews and underwrites customer requests for Automatic Clearing House (ACH) and Remote Deposit Capture (RDC).
• May assist senior lenders as back-up officer or in analyzing credits.
• Familiar with and complies with applicable Bank policies and all banking regulations including, but not limited to BSA, USA Patriot/CIP requirements, AML and all Fair Lending, CRA and Compliance related regulations.
• Remains current with compliance training and any other periodic trainings as assigned.
• Meets measurable goals and objectives, assigned annually, by December 31.
• Performs and assists in other miscellaneous duties as may be assigned.

Benefits

• Base salary commensurate with experience and standard employee benefits package

What This Job Offers

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