Commercial Lender

Careers
Commercial Lender About SSB Careers
Commercial Lender
Location: Sioux Falls, SD Type: Full-Time

As a Commercial Lender at Security Savings Bank, you will play a key role in evaluating and managing loan applications for commercial purposes. Your role involves assessing the creditworthiness of potential borrowers, recommending loan approvals, and managing ongoing loan relationships.

You will work directly with clients and prospective clients to understand their financial goals, address their borrowing needs, and contribute to their success while upholding the bank’s commitment to integrity and community support. This role requires strong analytical skills, effective communication, and a dedication to exceptional customer service. Developing new customer relationships with the bank through strong business development activities will be a high priority with this position.

• Meets with current and prospective commercial clients to discuss the loan products offered by the bank.
• Maintains current knowledge and understanding of the bank’s lending policies, regulatory requirements, economic conditions, market rates, vendors and competitors.
• Obtains financial statements, tax returns and other financial information from customers, and assists in underwriting their current credit situation.
• Effectively executes new loans and serves existing loans in a timely manner.
• Negotiates loan rates and terms with customers within set guidelines, while maximizing profitability for the bank
• Approves or rejects loans and terms within officers’ limits and established bank policies.
• Actively seek and engage with new potential clients to build and expand the customer base.
• Obtains the necessary documentation to perfect a lien, clear real estate title, or complete any other requirements to facilitate a loan closing.
• Monitors loan repayment activities and take necessary actions to collect from past due accounts.
• Works with lending staff to ensure all proper documentation is in the loan files and assists in obtaining any additional necessary documentation.
• Participates in relevant committees as required by the bank.
• Assists with the collection of defaulted loans.
• Performs collateral inspections.

• Ability to maintain current and thorough knowledge of all lending programs, policies, procedures, and regulatory requirements.
• Strong familiarity of mortgage processes, procedures, rules, regulations, and compliance; knowledge of federal, state and local levels of loan processing laws and regulations with ability to communicate these laws in a non-technical and conversational manner to customers
• Ability to develop and maintain respect for all employees and management; demonstrates a commitment to the company’s culture.
• Must have strong analytical skills and perception; will be required to accurately assess clients’ financial statements to ensure creditworthiness.
• Strong attention to detail; must be comfortable working with minuscule details.
• Must be familiar and/or comfortable with computers and software applications related to banking.
• Excellent customer service, interpersonal, and communication skills.

• Associates or Bachelor’s degree in finance, economics, or a related field (preferred).
• 2+ years’ experience in the banking, lending, or real estate industry.

• Sit, Stand, or walk for extended periods.
• See to read small print or complex reports.
• Manually operate a keyboard, mouse, and other personal computing devices
• Occasionally lift up to 50 pounds

Security Savings Bank is a family-friendly organization.

Equality statement:
Security Savings Bank is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, gender identity, sexual preference or orientation), national origin, age, disability, and marital or veteran status.