Sound Community Bank: Commercial Loan Officer II. Should have a general knowledge of Bank operations and compliance that is regulatory like the Bank Secrecy Act.
Commercial Loan Officer II
PLACE DEFINITION The Commercial Loan Officer II is in charge of supplying expert commercial financing services to existing and potential bank consumers. The Commercial Loan Officer II is anticipated to realize their specific manufacturing and consumer calling objectives and correctly 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 not restricted to: ? capacity to underwrite credit demands, 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, financial obligation solution capability and ratio analysis ? Good understanding of monetary statements including stability sheets, earnings statements and declaration of cash flows ? exemplary relationship building and social skills ? Strong client focus ? Strong organizational and multi-tasking abilities in a fast-paced environment ? exceptional verbal and written interaction skills ? exemplary proofreading abilities with a good focus on detail ? capacity to work both separately so that as a team player ? Practice perfect ethical behavior and knows the necessity for privacy ? i . t knowledge is an advantage. ? should have legitimate driver’s permit and usage of a vehicle that is insured
Should have a general comprehension of Bank operations and regulatory conformity, like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II is going to work closely using the Commercial Team Lead and Commercial Banking Manager to handle current financing customers and develop brand new customer relationships to attract future financing possibilities when it comes to bank. The Commercial Loan Officer II will continue to work closely because of the Bank’s Credit Analysts to help in analysis of credit demands and preparation of Credit Write ups.
Outside Bank Position keeps regular and close relationship that is working a variety of centers of impact, community leaders and business 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 loan that is existing to keep up a superior quality asset base and help out with collection of overdue loans
Negotiate renewals of credit facilities. Suggest approval of loan re payments, construction draw requests, draws from credit lines and funds transfers with specified restrictions
Responsibility #2 Credit and Borrower Review
Screen prospective commercial borrowers by analyzing their company plan, strategies, and projections, along with, historical monetary statements and business outcomes
Talk with current clients and leads through different ways to discuss company requirements and suggest ways that the financial institution can offer solutions
Make use of Credit Analysts to accurately review potential debtor requests and coordinate processing of approved loans
Test loan that is financial and prepare yearly term loan reviews
Ensure all loan papers are correct, recorded/perfected and signed.
Ensure all documentation that is supporting complete and signed https://maxloan.org/installment-loans-wy/ whenever necessary.
Responsibility # 3 Start Up Business Developing / Community Outreach
participate in company development tasks and get brand brand brand new good quality loan and deposit company to obtain 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 participating in academic possibilities, keeping networks that are personal playing expert companies.
Sound Community Bank is definitely an equal possibility company and all sorts of qualified candidates will get consideration for work without respect to battle, color, faith, intercourse, nationwide origin, intimate orientation, sex identification, disability status, protected veteran status, or other characteristic protected for legal reasons.