Commercial Loan Officer II
POSITION EXPLANATION The Commercial Loan Officer II accounts for supplying expert commercial financing solutions to current and prospective bank customers. The Commercial Loan Officer II is anticipated to produce their particular manufacturing and client calling objectives and precisely 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 required consist of, but are not restricted to: ? capability to underwrite credit needs, 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 ? capability to assess and grade credit risk, financial obligation service ability and ratio analysis ? Good knowledge of monetary statements including stability sheets, earnings statements and statement of cash flows ? exceptional relationship building and social skills ? Strong consumer focus ? Strong organizational and multi-tasking abilities in a fast-paced environment ? exceptional verbal and written interaction skills ? exceptional proofreading abilities with a good awareness of detail ? power to work both individually and also as a team player ? Practice flawless ethical behavior and understands the necessity for privacy ? Information Technology knowledge is an advantage. ? should have legitimate driver’s permit and usage of an insured automobile
Will need to have a standard knowledge 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 with all 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 for the bank. The Commercial Loan Officer II will be able to work closely with all the Bank’s Credit Analysts to help in analysis of credit needs and planning of Credit Write ups.
Outside Bank Position keeps payday loans MN regular and close relationship that is working a number of facilities of impact, community leaders and company experts.
PLACE DUTIES
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 a superior quality asset base and help out with number of overdue loans
Negotiate renewals of credit facilities. Suggest approval of loan re re re payments, construction draw requests, draws from credit lines and funds transfers with specified restrictions
Responsibility # 2 Credit and Borrower Research
Screen possible borrowers that are commercial analyzing their company plan, techniques, and projections, along with, historical monetary statements and company outcomes
Speak to current clients and leads through different ways to talk about 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, finalized and recorded/perfected.
Ensure all documentation that is supporting complete and signed whenever necessary.
Responsibility # 3 Start Up Business Developing / Community Outreach
practice company development tasks and obtain brand brand new quality that is high 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 exposure
Responsibility #4 Continuing Education
Update work knowledge by playing academic possibilities, keeping individual companies and taking part in expert businesses.
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 identity, impairment status, protected veteran status, or just about any other characteristic protected for legal reasons.