Commercial Loan Officer II
PLACE EXPLANATION The Commercial Loan Officer II accounts for supplying expert commercial financing solutions to current and prospective bank customers. The Commercial Loan Officer II is anticipated to reach their particular manufacturing and client calling goals and precisely handle their assigned loan profile.
PLACE QUALIFICATIONS Bachelors’ degree preferred, plus at the least 3 – five years of progressively responsible Commercial Lending experience. Trustworthiness and sensitiveness are necessary. Experience competencies required consist of, but they are installment loans SD not restricted to: ? capacity to underwrite credit needs, determine appropriate loan framework and current loan that is proposed for approval ? Prepare expert Credit Write- Ups for review by Commercial Team Lead, Credit management and Loan Committee for approval ? power to assess and grade credit danger, debt solution ability and ratio analysis ? Good knowledge of monetary statements including stability sheets, earnings statements and declaration of cash flows ? Excellent relationship building and interpersonal skills ? Strong consumer focus ? Strong organizational and multi-tasking abilities in a fast-paced environment ? exceptional verbal and written interaction abilities ? exceptional proofreading abilities with a stronger awareness of detail ? power to work both individually so that as a team player ? Practice perfect ethical behavior and understands the necessity for privacy ? Information Technology knowledge is an advantage. ? will need to have legitimate driver’s permit and usage of a vehicle that is insured
Will need to have a general knowledge of Bank operations and compliance that is regulatory such as the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will continue to work closely using the Commercial Team Lead and Commercial Banking Manager to control lending that is existing and develop brand brand new customer relationships to attract future financing possibilities when it comes to bank. The Commercial Loan Officer II works closely with all the Bank’s Credit Analysts to aid in analysis of credit needs and planning of Credit Write ups.
Outside Bank Position keeps regular and close working relationship with a number of facilities of impact, community leaders and company experts.
Responsibility # 1 Loan Production and Upkeep
Originate, underwrite, and solution a profile of commercial banking relationships and cross-sells other banking solutions whenever appropriate
Track current loan portfolios to keep up a good quality asset base and help in number of delinquent loans
Negotiate renewals of credit facilities. Suggest approval of loan re re payments, construction draw requests, draws from credit lines and funds transfers with specified limitations
Responsibility # 2 Credit and Borrower Review
Screen prospective commercial borrowers by analyzing their business strategy, techniques, and projections, along with, historical monetary statements and business outcomes
Talk with existing clients and leads through different techniques to talk about company requirements and suggest ways in which the lender can offer solutions
Utilize Credit Analysts to accurately review potential debtor requests and coordinate processing of approved loans
Test loan that is financial and prepare annual term loan reviews
Ensure all loan papers are correct, finalized and recorded/perfected.
Ensure all documentation that is supporting complete and signed where necessary.
Responsibility no. 3 Start Up Business Developing / Community Outreach
practice company development tasks and obtain brand brand brand new quality that is high and deposit company to realize volume and/or manufacturing objective
Express SCB at different community functions and professional/civic groups to further enhance the Bank’s image and presence
Responsibility # 4 Continuing Education
Update work knowledge by taking part in academic possibilities, keeping networks that are personal taking part in expert companies.
Sound Community Bank can be an equal possibility company and all sorts of qualified candidates will get consideration for work without reference to competition, color, faith, sex, nationwide beginning, intimate orientation, sex identification, impairment status, protected veteran status, or just about any characteristic protected for legal reasons.