Commercial Loan Officer Jobs

About The Position

Requirements

• Bachelor’s Degree in Business/Economics/Accounting of finance or equivalent work experience.
• 5-10 years of Commercial Lending experience required.
• Accounting and financial skills
• Strong analytical skills
• Strong banking and legal knowledge
• Advanced understanding of commercial loan documentation
• Strong personal computer skills
• Strong interpersonal skills

Responsibilities

• Interview loan applicants and collects and analyzes financial data to determine the general creditworthiness and appropriateness of the loan request.
• Establish and negotiate the terms under which credit will be extended including loan pricing, structure, repayments terms and collateral requirements that are consistent with the Bank’s policies.
• Meet established loan production goals as well as deposit and fee income goals.
• Participate in community activities to increase the Bank’s visibility and to enhance new business opportunities.
• Develop analysis and Credit Memorandums for presentation and approval of loan requests.
• Monitor loan portfolio for repayments, and take necessary actions for the collection of past due accounts, as well as the annual collection of financial information and annual reviews.
• Periodically visit with Borrowers, performing site visits and to promote good customer relations.
• Participate in sales meetings and blitzes.
• Cross sell Bank products and services.