VP Commercial Loan Officer Job Watertown Minnesota USA,Finance & Banking

Location: Watertown

Position Summary

The VP Commercial Loan Officer manages an existing commercial loan portfolio and originates new commercial lending relationships within the great Twin Cities metropolitan area. This role underwrites, structures, and closes commercial loans in accordance with the Bank’s policies and applicable state and federal regulations. The officer exercises sound credit judgment and maintains strong customer relationships.

The level of this position is based on years of service, education and/or equivalent experience, knowledge level and skill set.

Essential Functions

Proactively develop new commercial relationships through networking, referrals, and targeted outreach.

Foster referral and participation networks and cross-sell bank products and services.

Through relationship development, originate commercial loans and grow deposits.

Underwrite, structure, document, and close commercial loans across a variety of products.

Analyze financial statements, cash flows, tax returns, and collateral to assess creditworthiness.

Prepare clear credit memoranda and approve credits within this position’s individual lending authority or present loan requests to approval authorities.

Monitor portfolio performance and proactively manage risk; recommend workout strategies as needed.

Maintain current knowledge of lending policies, regulatory requirements, and BSA/AML obligations.

Ensure loan documentation and processes comply with internal controls and regulatory guidance.

Collaborate with credit, operations, and other departments to deliver excellent customer service.

Assist colleagues and contribute to team goals.

All employees are expected to exemplify and follow our core values.

Regular attendance and punctuality when reporting to work.

Travel for trade and industry schools and seminars as needed.

This position may require the employee to install and use Multi-Factor Authentication (MFA) apps on the employee’s personal mobile device; MFA apps are used to authenticate a user’s identity to the system for security purposes.

Adhere to and comply with all applicable, federal, and state laws, regulations, and guidance, including those related to BSA/AML, as well as adhere to the Bank’s policies and procedures.

The employer reserves the right to revise this job description at any time. This document is not a contract of employment.

Perform other duties as assigned.

Education and Experience

Required: High School diploma or GED.
Required: Continuing Education to maintain job knowledge.
Required: Three years of related commercial banking experience.
Preferred: Bachelor’s degree in business, finance, accounting, or related field.
Preferred: Five to ten years of related commercial banking experience.
Preferred: Proficiency in Microsoft Office Suite.
Preferred: Experience with SBA, CRE or C&I lending and financial modeling skills.

The employer reserves the right to revise this job description at any time. The position description is not a contract for employment.

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