Commercial Loan Officer II
POSITION EXPLANATION The Commercial Loan Officer II is in charge of supplying expert lending that is commercial to current and prospective bank customers. The Commercial Loan Officer II is anticipated to reach their particular manufacturing and consumer 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 needed 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 professional Credit Write- Ups for review by Commercial Team Lead, Credit management and Loan Committee for approval ? capacity to assess and grade credit danger, financial obligation solution capability and ratio analysis ? Good knowledge of monetary statements including stability sheets, earnings statements and declaration of cash flows ? exceptional 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 ? exemplary proofreading abilities with a solid awareness of detail ? capacity to work both separately so that as a team player ? Practice perfect ethical behavior and understands the necessity for privacy ? i . t knowledge is a bonus. ? should have legitimate driver’s permit and usage of an insured car
Will need to have a general knowledge of Bank operations and regulatory conformity, 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 handle lending that is existing and develop brand new customer relationships to attract future financing opportunities when it comes to bank. The Commercial Loan Officer II is going to work closely utilizing 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 variety of facilities of impact, community leaders and business Professionals.
Responsibility #1 Loan Production and Upkeep
Originate, underwrite, and solution online installment loans Michigan a profile of commercial banking relationships and cross-sells other banking solutions whenever appropriate
Track current loan portfolios to steadfastly keep up a good quality asset base and help in number of overdue loans
Negotiate renewals of credit facilities. Suggest approval of loan re re re payments, construction draw requests, draws from personal lines of credit and funds transfers with specified restrictions
Responsibility # 2 Credit and Borrower Review
Screen prospective borrowers that are commercial analyzing their business strategy, strategies, and projections, along with, historical monetary statements and company outcomes
Talk with current clients and leads through various ways to talk about company requirements and suggest ways that the financial institution can offer solutions
Make use of Credit Analysts to accurately review borrower that is prospective 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 supporting documents is complete and signed whenever necessary.
Responsibility number 3 Start Up Business Developing / Community Outreach
practice company development tasks and obtain brand brand new quality that is high and deposit company to attain volume and/or production 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, maintaining networks that are personal taking part in professional businesses.
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, sex identification, disability status, protected veteran status, or other characteristic protected for legal reasons.