Commercial Loan Officer; Restaurant & Franchise Lending

The Franchise & Restaurant Loan Officer is responsible for actively seeking and creating partnerships with full service and quick-service restaurant (“QSR”) owners and professionals looking for financing to increase the Bank’s strong QSR loan portfolio while simultaneously supporting, servicing, and maintaining existing client relationships.

• Maintain and develop Bank’s existing portfolio by assessing and meeting existing clients’ needs and through actively seeking new business
• Assist in all phases of the loan life cycle (from application to post-closing) by:
  • Identifying and evaluating commercial loan opportunities.
  • Presenting and recommending appropriate loans to the Bank’s credit committee.
  • Compiling necessary information needed for underwriters to evaluate the deal accurately.
  • Consistently communicating with the borrower and Bank staff throughout the loan process.
  • Working with the loan closing team and the Bank’s attorney to close the loan.
  • Reviewing annual loan reviews and renewals for existing relationships while identifying potential credit weaknesses and validating/assigning appropriate risk ratings
  • Monitoring a loan portfolio, including but not limited to delinquent loans, matured loans, line of credit renewals, status reports, etc.
  • Maintaining accurate document management records of clients and managing the process to request, collect, and store client documents.
  • Engage with third party consultants on construction loans in order to monitor construction progress
  • Review and oversee requisition processes for construction loans
  • Monitoring lease, franchise and remodel dates, documentation relating to extensions, completion dates, and upcoming financing needs relating to these requirements.
• Cultivate long-term relationships with clients and outside professional centers of influence by developing positive Bank recognition by attending and coordinating networking events, functions, and industry events.
• Maintain comprehensive understanding of current commercial products offered in the QSR industry.
• Keep informed of all relevant industry trends and practices.
• Resolve non-routine and complex problems with specialized knowledge and independent action.
• Responsible for understanding the impact of QSR Lending on the Bank’s goals.
• Verify quality, completeness, and accuracy of supporting loan documentation and analysis while ensuring loans comply with the Bank’s lending policy and regulatory requirements and procedures (State and Federal).
• Maintain accurate department records and other duties as assigned by supervisor.
• Assist in various special projects as assigned.
• Flexible schedule - must travel out-of-state and participate in Bank events during and after hours.

• 5+ years of commercial lending experience preferred, including QSR franchise, commercial real estate, and construction
• Master’s degree in business, finance, or accounting preferred.
• Strong analytical, technical, and statistical skills.
• Sound knowledge of credit risk, accounting principles, financial statements, and tax returns.
• Strong understanding of the banking industry and the regulatory requirements associated with it.
• Excellent decision making / problem-solving skills.
• Advanced writing and oral communication skills.
• Ability to multitask, prioritize, and manage time efficiently.
• Strong computer skills, including Microsoft Office products and lending programs.
• Proven track record of relationship/portfolio management as well as loan origination.

The targeted annual salary range for the Franchise & Restaurant Loan Officer is $160,000 - $200,000 per year and commensurate with experience.

Northern Bank is a full-service bank dedicated to providing practical, common sense…