Commercial Loan Officer II
PLACE DEFINITION The Commercial Loan Officer II accounts for supplying expert lending that is commercial to current and potential bank consumers. The Commercial Loan Officer II is anticipated to reach their particular manufacturing and client calling objectives and precisely handle their assigned loan profile.
PLACE QUALIFICATIONS Bachelors’ degree preferred, plus at the least 3 – five years of progressively responsible Commercial experience that is lending. Trustworthiness and sensitiveness are necessary. Experience competencies required include, but they are not restricted to: ? capability to underwrite credit needs, determine appropriate loan framework and current proposed loan needs for approval ? Prepare expert Credit Write- Ups for review by Commercial Team Lead, Credit management and Loan Committee for approval ? capability to assess and grade credit danger, financial obligation solution ability and ratio analysis ? Good knowledge of monetary statements including stability sheets, earnings statements and statement of cash flows ? exceptional relationship building and interpersonal skills ? Strong consumer focus ? Strong organizational and multi-tasking skills in a fast-paced environment ? exemplary verbal and written interaction abilities ? exemplary proofreading abilities with a good focus on detail ? power to work both separately so when a team player ? Practice perfect ethical behavior and knows the necessity for privacy ? i . t knowledge is a bonus. ? will need to have legitimate driver’s permit and usage of a vehicle that is insured
Should have a general comprehension of Bank operations and compliance that is regulatory like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will continue to work closely utilizing the Commercial Team Lead and Commercial Banking Manager to control lending that is existing and develop brand new customer relationships to attract future financing https://homeloansplus.org/payday-loans-ak/ possibilities for the bank. The Commercial Loan Officer II will be able to work closely with all the Bank’s Credit Analysts to help in analysis of credit demands and planning of Credit Write ups.
Outside Bank Position keeps regular and close relationship that is working a selection of facilities of impact, community leaders and company experts.
Responsibility # 1 Loan Production and Upkeep
Originate, underwrite, and solution a portfolio of commercial banking relationships and cross-sells other banking solutions whenever appropriate
Track loan that is existing to keep a top quality asset base and help in collection of delinquent loans
Negotiate renewals of credit facilities. Suggest approval of loan payments, construction draw requests, draws from credit lines and funds transfers with specified limitations
Responsibility # 2 Credit and Borrower Review
Screen prospective commercial borrowers by analyzing their company plan, methods, and projections, in addition to, historical monetary statements and company outcomes
Speak to current clients and leads through different solutions to talk about company requirements and suggest ways that the financial institution can provide solutions
Make use of Credit Analysts to accurately review prospective debtor requests and coordinate processing of approved loans
Test monetary loan covenants and prepare yearly term loan reviews
Ensure all loan documents are correct, recorded/perfected and signed.
Ensure all documentation that is supporting complete and signed whenever necessary.
Responsibility # 3 Start Up Business Developing / Community Outreach
take part in company development activities and get brand new quality that is high and deposit business to obtain volume and/or manufacturing objective
Express SCB at different community functions and professional/civic groups to further enhance the Bank’s image and exposure
Responsibility # 4 Continuing Education
Update work knowledge by taking part in academic possibilities, keeping individual systems and taking part in expert companies.
Sound Community Bank is an equal possibility manager and all sorts of qualified candidates will get consideration for work without respect to battle, color, faith, intercourse, nationwide beginning, intimate orientation, sex identity, impairment status, protected veteran status, or other characteristic protected for legal reasons.