Sound Community Bank: Commercial Loan Officer II. Will need to have a standard knowledge of Bank operations and regulatory conformity, like the Bank Secrecy Act.
Commercial Loan Officer II
PLACE DEFINITION The Commercial Loan Officer II is in charge of supplying expert commercial financing solutions to current and potential bank consumers. https://homeloansplus.org/payday-loans-nh/ The Commercial Loan Officer II is anticipated to produce their production that is certain and calling objectives and correctly handle their assigned loan profile.
POSITION 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 needs, determine appropriate loan framework and current proposed loan demands 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 ability and ratio analysis ? Good knowledge of economic statements including stability sheets, earnings statements and declaration of cash flows ? exemplary relationship building and interpersonal skills ? Strong consumer focus ? Strong organizational and multi-tasking abilities in a fast-paced environment ? exemplary verbal and written interaction abilities ? exceptional proofreading abilities with a stronger awareness of detail ? capacity to work both separately so when a team player ? Practice perfect ethical behavior and knows the necessity for privacy ? Information Technology knowledge is a bonus. ? should have valid driver’s permit and usage of a vehicle that is insured
Should have a broad understanding of Bank operations and compliance that is regulatory such as the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will work closely using the Commercial Team Lead and Commercial Banking Manager to handle lending that is existing and develop new customer relationships to attract future financing possibilities when it comes to bank. The Commercial Loan Officer II will continue to work closely utilizing the Bank’s Credit Analysts to aid in analysis of credit demands and planning of Credit Write ups.
Outside Bank Position keeps frequent and close working relationship with a number of facilities of impact, community leaders and company experts.
Responsibility # 1 Loan Production and Upkeep
Originate, underwrite, and solution a profile of commercial banking relationships and cross-sells other banking services whenever appropriate
Track current loan portfolios to keep a top quality asset base and help in number of past due 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 limitations
Responsibility # 2 Credit and Borrower Review
Screen possible commercial borrowers by analyzing their business strategy, methods, and projections, along with, historical monetary statements and company outcomes
Speak to existing customers and leads through different ways to talk about company requirements and suggest ways the lender can provide solutions
Make use of Credit Analysts to accurately review prospective 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 whenever necessary.
Responsibility number 3 Start Up Business Developing / Community Outreach
participate in company development activities and get brand brand brand new quality that is high and deposit company to produce volume and/or manufacturing 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, keeping networks that are personal participating 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 competition, color, faith, intercourse, nationwide beginning, intimate orientation, gender identity, impairment status, protected veteran status, or just about any other characteristic protected for legal reasons.