Commercial Loan Officer II
PLACE DEFINITION The Commercial Loan Officer II accounts for supplying expert commercial financing services to current and potential bank clients. The Commercial Loan Officer II is anticipated to obtain their production that is certain and 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 crucial. Experience competencies needed consist of, but are not restricted to: ? capability to underwrite credit needs, determine appropriate loan structure and current proposed loan needs 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 knowledge Virginia payday advance of economic 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 ? exemplary verbal and written interaction abilities ? exemplary proofreading skills with a stronger focus on detail ? capacity to work both individually and also 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 automobile
Will need to have a standard comprehension of Bank operations and regulatory compliance, like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will be able to work closely aided by the Commercial Team Lead and Commercial Banking Manager to handle 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 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 centers of impact, community leaders and company specialists.
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 steadfastly keep up a superior quality asset base and help in number of overdue loans
Negotiate renewals of credit facilities. Suggest approval of loan re payments, construction draw requests, draws from personal lines of credit and funds transfers with specified restrictions
Responsibility #2 Credit and Borrower Research
Screen possible borrowers that are commercial analyzing their business strategy, methods, and projections, in addition to, historical financial statements and company outcomes
Speak to current customers and leads through different ways to discuss company requirements and suggest ways that the lender can offer solutions
Make use of Credit Analysts to accurately review borrower that is prospective and coordinate processing of approved loans
Test economic loan covenants and prepare yearly term loan reviews
Ensure all loan papers are correct, finalized and recorded/perfected.
Ensure all documentation that is supporting complete and signed whenever necessary.
Responsibility number 3 Start Up Business Developing / Community Outreach
take part in company development activities and obtain brand brand new quality that is high and deposit business 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 exposure
Responsibility # 4 Continuing Education
Update work knowledge by taking part in academic possibilities, keeping individual systems and taking part in professional companies.
Sound Community Bank is definitely 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, sexual orientation, sex identification, impairment status, protected veteran status, or just about any other characteristic protected for legal reasons.