Senior Commercial Loan Officer

LED FastStart • Terrytown, LA

1d

About The Position

The Senior Commercial Loan Officer is responsible for managing the Bank’s commercial loan portfolio, overseeing a team of Commercial Loan Officers, and driving portfolio growth while ensuring regulatory compliance. The role includes developing lending strategies, reviewing loan applications and client relationships, monitoring portfolio performance, and supporting the accurate and timely servicing of commercial loans. The position also works with management, auditors, compliance personnel, and examiners to maintain effective procedures and address recommendations. The role operates in a typical office setting and may require travel to other branches and events as needed.

Requirements

• High school diploma or equivalent.
• Bachelor’s degree in business administration, finance, or a related field.
• At least 10 years of experience in lending and loan operations, administration, and policies and procedures.
• At least 5 years of experience in a management role.
• Active NMLS license.
• Extensive knowledge of banking laws, regulations, policies, and procedures.
• High-level analytical skills.
• Strong interpersonal, negotiation, and business development skills.
• Excellent written and verbal communication skills.
• Effective time-management skills.
• Intense attention to detail.

Nice To Haves

• Master’s degree or Graduate School of Banking.

Responsibilities

• Manage a team of Commercial Loan Officers.
• Cultivate new business relationships and source prospective clients.
• Assist the CLO in creating guidelines and policies for accurate and timely servicing of the institution’s commercial loan portfolio.
• Participate in the review and approval of loan applications.
• Maximize portfolio growth through effective planning, development, and implementation of lending strategies.
• Review existing and new client relationships for credit quality, structure, and pricing.
• Monitor and manage the institution’s commercial portfolio and communicate performance and concerns to top management.
• Develop and maintain manuals and references.
• Stay current on regulations, legislation, and political and policymaking events that directly affect the financial institution.
• Conduct assessments and audits to confirm department procedures achieve accurate and desired results.
• Interact with auditors, compliance personnel, and examiners during Bank reviews and examinations; address and ensure implementation of necessary changes or recommendations.
• Maintain open communication and partner effectively with other department managers.
• Achieve department goals within defined timelines.
• Provide ongoing training and communicate current or developing industry topics and standards, policy changes, and regulations.
• Provide performance management, including regular feedback, coaching, goal setting, and performance evaluations.
• Support the Bank and its core values and follow all policies and procedures.
• Perform additional duties assigned by a supervisor.

Benefits

• Medical insurance.
• Dental insurance.
• Vision insurance.
• Company-provided life insurance.
• Company-provided disability insurance.
• Paid time off.
• 401(k) with employer match.
• Tuition and professional development assistance.

What This Job Offers

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