Commercial Lender

Magnolia State Bank takes pride in building tight-knit relationships with our community and our customers to help us understand their needs and provide catered business solutions. The position of Commercial Lender assists in maintaining this standard by providing loans for our business customers.

• Solicit, negotiate, underwriting, and coordinate the closing of commercial loans with respect to lending regulations and bank policy.
• Prospect new customers, provide active engagement in their communities, and present loan packages to our loan team and committee.
• Perform work in-office while also visiting customers off-site.
• Manage current accounts and initiate new business by identifying potential business customers in need of bank financial support.
• Provide financial advice and counsel on investments to potential and existing customers.
• Engage in business development and community involvement activities.
• Manage client relationships; prepare loan documentation; manage loan portfolio and ensure credit quality; prepare presentations for loan committee meetings.
• Set pricing and terms for loan products; evaluate loan requests and customer financial condition.
• Assist in collections efforts as needed; provide operational and managerial support to the lending team; adhere to all compliance standards and regulations.

The position of Commercial Lender performs duties specific to the position and other functions as assigned.

The position of Commercial Lender will supervise one Loan Processor.

• Bachelor’s degree (BA) or equivalent from a 4 year college or university; 5 years related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of a financial analyzing or lending background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
• Advanced experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
• Mastered experience, knowledge and training in all lending activities and terminology.
• Mastered knowledge of commercial, construction, real estate and consumer loan processing.
• Advanced knowledge of related state and federal lending and compliance regulations, and other Bank lending policies.
• Proven ability to develop marketing and business development skills with customers.
• Intermediate knowledge of branch operation procedures, Bank products and services.
• Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
• Excellent organizational and time management skills, with the ability to provide leadership, supervision and training for NUMBER or more employees using positive supervisory techniques to ensure maximum productivity; demonstrated ability in organization and delegation skills.
• Intermediate knowledge of human resource and labor laws and policies.
• Intermediate skills in computer terminal and personal computer operation; mainframe computer system; word processing, spreadsheet and specialty software programs.
• Intermediate typing skills to meet production needs of the position.
• Advanced math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
• Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, speak clearly to customers and employees.
• Thorough understanding of management procedures; ability to plan department or Bank activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to…