Commercial Loan Officer II
PLACE EXPLANATION The Commercial Loan Officer II accounts for supplying expert commercial financing services to current and potential bank customers. The Commercial Loan Officer II is anticipated to obtain their certain manufacturing and client calling objectives and correctly handle their assigned loan profile.
PLACE QUALIFICATIONS Bachelors’ degree preferred, plus no less than 3 – 5 years of progressively responsible Commercial experience that is lending. Trustworthiness and sensitiveness are necessary. Experience competencies needed consist of, but they are not restricted to: ? capacity to underwrite credit needs, determine appropriate loan framework and current proposed loan demands 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, financial obligation service capability and ratio analysis ? Good knowledge of monetary statements including stability sheets, income 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 ? exemplary verbal and written interaction skills ? exemplary proofreading abilities with a solid focus on detail ? power to work both individually and also as a team player ? Practice perfect ethical behavior and knows the www.loansolution.com/installment-loans-wi necessity for privacy ? i . t knowledge is a bonus. ? should have valid driver’s permit and usage of a vehicle that is insured
Should have a general knowledge of Bank operations and regulatory conformity, like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II works closely aided by the Commercial Team Lead and Commercial Banking Manager to handle current financing clients and develop brand new customer relationships to attract future financing possibilities when it comes to bank. The Commercial Loan Officer II will be able to work closely aided by the Bank’s Credit Analysts to help in analysis of credit demands and planning of Credit Write ups.
Outside Bank Position keeps regular and close working relationship with a variety of facilities of influence, community leaders and company specialists.
Responsibility # 1 Loan Production and Maintenance
Originate, underwrite, and solution a profile of commercial banking relationships and cross-sells other banking solutions when appropriate
Track loan that is existing to keep a quality asset base and help out with number of delinquent loans
Negotiate renewals of credit facilities. Recommend approval of loan re re payments, construction draw requests, draws from credit lines and funds transfers with specified restrictions
Responsibility # 2 Credit and Borrower Review
Screen possible borrowers that are commercial analyzing their business strategy, techniques, and projections, in addition to, historical financial statements and company outcomes
Speak to current clients and leads through different ways to talk about company requirements and suggest ways that the lender can offer solutions
Utilize Credit Analysts to accurately review borrower that is prospective and coordinate processing of approved loans
Test monetary loan covenants and prepare yearly term loan reviews
Ensure all loan papers are correct, signed and recorded/perfected.
Ensure all supporting paperwork is complete and signed whenever necessary.
Responsibility no. 3 Home Based Business Development / Community Outreach
take part in company development tasks and obtain brand brand brand new quality that is high and deposit business to reach volume and/or manufacturing objective
Express SCB at different community functions and groups that are professional/civic further enhance the Bank’s image and exposure
Responsibility # 4 Continuing Education
Update work knowledge by taking part in academic possibilities, keeping networks that are personal taking part in professional companies.
Sound Community Bank can be an opportunity that is equal and all sorts of qualified candidates will get consideration for work without reference to competition, color, faith, intercourse, nationwide beginning, intimate orientation, gender identification, impairment status, protected veteran status, or just about any other characteristic protected for legal reasons.