Commercial Loan Officer II
PLACE EXPLANATION The Commercial Loan Officer II is in charge of supplying expert commercial financing solutions to current and potential bank customers. The Commercial Loan Officer II is anticipated to produce their particular manufacturing and client 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 experience that is lending. Trustworthiness and sensitiveness are crucial. Experience competencies needed consist of, but they are not restricted to: ? capability to underwrite credit demands, determine appropriate loan framework and present loan that is proposed for approval ? Prepare expert Credit Write- Ups for review by Commercial Team Lead, Credit Administration and Loan Committee for approval ? capability to assess and grade credit danger, financial obligation solution ability and ratio analysis ? Good knowledge of financial statements including balance sheets, earnings statements and declaration of cash flows ? exemplary relationship building and social skills ? Strong consumer focus ? Strong organizational and multi-tasking abilities in a fast-paced environment ? exemplary verbal and written interaction abilities ? exemplary proofreading abilities with a good focus on detail ? power to work both individually so that as a team player ? Practice perfect ethical behavior and knows the necessity for confidentiality https://www.maxloan.org/installment-loans-mo ? i . t knowledge is an advantage. ? will need to have legitimate driver’s permit and use of a vehicle that is insured
Should have a standard knowledge of Bank operations and regulatory conformity, like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will be able to work closely because of the Commercial Team Lead and Commercial Banking Manager to control lending that is existing and develop brand new customer relationships to attract future financing possibilities for the bank. The Commercial Loan Officer II will be able to work 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 specialists.
PLACE DUTIES
Responsibility # 1 Loan Production and Upkeep
Originate, underwrite, and solution a profile of commercial banking relationships and cross-sells other banking solutions when appropriate
Track current loan portfolios to keep a top quality asset base and help in collection of overdue 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 plan, methods, and projections, along with, historical monetary statements and company outcomes
Speak to current clients and leads through various solutions to talk about company requirements and suggest ways that the financial institution can offer solutions
Make use of Credit Analysts to accurately review prospective debtor requests and coordinate processing of approved loans
Test monetary loan covenants and prepare annual term loan reviews
Ensure all loan papers are correct, finalized and recorded/perfected.
Ensure all supporting paperwork is complete and signed whenever necessary.
Responsibility #3 Start Up Business Developing / Community Outreach
take part in company development tasks and obtain brand new quality that is high and deposit company to produce volume and/or production 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 is an opportunity that is equal and all sorts of qualified candidates will get consideration for employment without respect to battle, color, faith, intercourse, nationwide beginning, intimate orientation, sex identification, impairment status, protected veteran status, or other characteristic protected for legal reasons.