Commercial Loan Officer II
PLACE DEFINITION The Commercial Loan Officer II accounts for supplying professional lending that is commercial to current and potential bank consumers. The Commercial Loan Officer II is anticipated to quickly attain their production that is certain and calling objectives and correctly handle their assigned loan profile.
PLACE QUALIFICATIONS Bachelors’ degree preferred, plus no less than 3 – 5 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 service capability and ratio analysis ? Good knowledge 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 communication abilities ? exceptional proofreading abilities with a solid focus on detail ? capacity to work both separately and also as a team player ? Practice perfect ethical behavior and knows the necessity for confidentiality ? Information Technology knowledge is a bonus. ? will need to have legitimate driver’s permit and use of a vehicle that is insured
Need a general comprehension of Bank operations and compliance that is regulatory like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II works closely with all the Commercial Team Lead and Commercial Banking Manager to handle lending that is existing and develop brand payday loans Virginia brand brand 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 regular and close relationship that is working a selection of facilities of impact, community leaders and company experts.
Responsibility # 1 Loan Production and Upkeep
Originate, underwrite, and solution a portfolio of commercial banking relationships and cross-sells other banking solutions whenever appropriate
Track loan that is existing to steadfastly keep up a top quality asset base and help in number of delinquent loans
Negotiate renewals of credit facilities. Suggest approval of loan re payments, construction draw requests, draws from credit lines and funds transfers with specified restrictions
Responsibility # 2 Credit and Borrower Review
Screen prospective borrowers that are commercial analyzing their business strategy, methods, and projections, along with, historical monetary statements and company results
Talk with existing clients and leads through different solutions to talk about company requirements and suggest ways that the lender can offer solutions
Utilize Credit Analysts to accurately review borrower that is prospective and coordinate processing of approved loans
Test monetary loan covenants 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
practice company development tasks and obtain brand new good quality loan 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 presence
Responsibility # 4 Continuing Education
Update job knowledge by taking part in academic possibilities, keeping individual systems and taking part in expert companies.
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, religion, intercourse, nationwide beginning, sexual orientation, sex identification, impairment status, protected veteran status, or just about any other characteristic protected for legal reasons.