Commercial Loan Officer III

The Commercial Loan Officer III is responsible for extending credit within the policies and guidelines set forth in the loan policy and ensuring that all loan decisions, actions, and recommendations are based on an accurate and thorough understanding of each customer's financial needs and conditions and comply with all laws, regulations, and bank policy. This position must properly administer the creditworthiness and documentation of all loans and/or borrowing relationships originated or assigned to the officer.

Further, it is the officer's responsibility to maintain current credit files and proper note and collateral security documents.

• A. Assigning the proper credit rating to loans as defined in this policy at origination and as conditions may change with the normal credit monitoring process. It is expected that officers should be the first to recognize and report deterioration in the credit quality of a loan or borrowing relationship. Early identification of problem loans is extremely important to minimize losses.
• B. Recommending approval and administering workout programs for problem loans.
• C. Recommending approval and monitoring levels of reserves established for loans serviced by the officer.
• D. Administering the collection process either internally or with bank counsel, complying with all laws and regulations.
• E. Protecting depositors' funds and stockholders' equity.
• F. Generating earnings for the bank and its stockholders.
• G. Promoting and maintaining a favorable image for the bank.
• H. Interviewing loan applicants and making credit decisions.
• I. Responsible for developing new business and managing existing portfolio.
• J. Responsible for collecting past due loans keeping credit and collateral exceptions within policy ranges.
• K. Manages a portfolio of loans and may coordinate collection efforts.

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 6 years related experience and/or training, and 5 years related management experience, or equivalent combination of education and experience.

Ability to write reports, business correspondence, and policy/procedure manuals; ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane, algebra, solid geometry and trigonometry.

Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.

Not indicated.

Not indicated.

Intermediate:
Spreadsheet, Word Processing/Typing

Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities may include but not limited to interviewing, hiring and training employees; planning, assigning and directing work; appraising performance, rewarding and disciplining employees; addressing complaints and resolving problems.

Supervises a small group (1-3) of employees in the same or lower classification. Assigns and checks work; assists and instructs as required, but performs same work as those supervised, or closely related work, most of the time. Content of the work supervised is of a non-technical nature and does not vary in complexity to any great degree.

Somewhat disagreeable working conditions. Continuously exposed to one or two elements such as noise,…