Commercial Lender

Qualifications - Commercial Lending Officer

• Related college degree, successful completion of banking courses or equivalent work experience is required.
• 5+ years of related banking experience in general operations, lending and regulatory compliance are required.
• Solid knowledge of financial lending regulations.
• Results oriented, sales aptitude with demonstrated ability to achieve organizational and business goals.
• Computer skills required:
  Advanced level proficiency in Microsoft Office Suite.
• Careful attention to detail and time management.
• Demonstrate a high level of knowledge of Bank Secrecy Act and OFAC related responsibilities in the performance of daily operations to ensure adherence to bank policies and compliance with all regulatory requirements.
• Originate, review and assist underwrite commercial loan applications.
• Prepare the Concept Memo when deemed necessary.
• Analyze and review credit information to make a general assessment of applicant’s credit worthiness and determine if the loan will conform to the bank’s lending policy.
• Exercise due diligence when reviewing loans including assessing risks, real estate analysis, cash flow, profitability.
• Prepare written summary of loan terms and conditions in the Concept Memo and a written narrative explaining business background, outlining risk factor and justify assigned risk rating.
• Improve condition of loan portfolio by working to reduce delinquencies through improved collection and underwriting techniques.
• Develop and maintain business relationships and referral sources throughout the community.
• Seek to expand bank product usage to current customers by cross selling all types of deposit accounts, loan accounts, and services during customer contacts and interviews.
• Stay abreast of new types of loans and other financial services and products to better meet customer need.
• Maintain and apply a thorough understanding of the bank’s lending policy, SBA eligibility and all necessary business practices to ensure the submission of accurate and complete loan application packages.
• Participate in community-oriented and professional organizations to determine the various depository and credit needs of the Bank’s market area to support Community Reinvestment Act (CRA) objective.
• Update and maintain accurate new business and renewal files.
• Respond professionally and accurately to customer inquiries and concerns in a timely manner.
• Complete annual required compliance training.
• Perform other job-related duties as assigned by management.