Commercial Loan Officer

Job Description

SUMMARY / OVERVIEW

Generate commercial deposits, treasury management products and loans that are priced accordingly to risk and market conditions. Develop and establish commercial and treasury management relationships.

PRIMARY RESPONSIBILITIES

May perform any or all of the following duties:

Generate commercial loans and fee income while properly managing the risk of the loan portfolio in accordance with bank policy, procedures, and complying with regulations.

Service credit needs of customers and prospects; obtaining financial and other information; analyze credits; recommend approval to senior management or the credit committee where required; and negotiate terms and conditions such as rates, collateral, guarantees, loan agreements, and other documentation.

Generate deposits and assist in the sale of other bank products and services.

Proactive loan portfolio management to ensure minimum risk of loss on all loans.

Act as financial consultant to customers and prospects which require maintenance of technical knowledge.

Responsible to manage and grow commercial and public deposit base as directed. Solicit the business of new and established customers.

Acts as a relationship manager for customers ensuring customer satisfaction and the resolution of service problems.

Maintain product and selling knowledge to generate credit, deposit, and fee business.

Monitor the quality of book of loans and credit accounts. Maintain a well-mixed book of business while maintaining diversification and monitoring financial risk. Complete credit pool analysis.

Responsible for preparation of appropriate action plans as assigned.

Analyze and decision commercial loans promptly upon completion of the analysis.

Understand and comply with bank policy, laws, and regulations.

Applies on-going supervision and review of the credit until ultimate collection or loan payoff.

Monitor/mentor junior leaders as needed.

Other duties as assigned.

OTHER QUALIFICATIONS / SKILLS

Thorough knowledge of banking services, especially as it relates to lending.

Display knowledge and abilities to analyze financial information.

Must have good verbal and written communication skills.

Must be able to work independently with little supervision.

Ability to develop and exercise interpersonal skills in negotiating and selling.

Ability and willingness to maintain specialized technical and product knowledge.

EXPERIENCE / EDUCATION REQUIREMENTS

Bachelor's degree or equivalent experience required, with basic understanding of business and economic subjects.

Two to four years of loan and banking experience required.