Sound Community Bank: Commercial Loan Officer II. Will need to have a broad knowledge of Bank operations and regulatory conformity, like the Bank Secrecy Act.
Commercial Loan Officer II
PLACE EXPLANATION The Commercial Loan Officer II accounts for supplying expert commercial lending solutions to current and prospective bank customers. The Commercial Loan Officer II is anticipated to accomplish their production that is certain and calling objectives and precisely handle their assigned loan profile.
PLACE QUALIFICATIONS Bachelors’ degree preferred, plus no less than 3 – 5 online payday OK years of progressively responsible Commercial experience that is lending. Trustworthiness and sensitiveness are necessary. Experience competencies needed consist of, but are not restricted to: ? capability to underwrite credit demands, 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 danger, financial obligation solution ability and ratio analysis ? Good knowledge of economic 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 ? exemplary verbal and written interaction abilities ? exemplary proofreading abilities with a very good focus on detail ? power to work both separately so that as a team player ? Practice perfect ethical behavior and understands the necessity for privacy ? i . t knowledge is an advantage. ? Must have legitimate driver’s permit and usage of an insured car
Should have a standard comprehension of Bank operations and regulatory conformity, like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will continue to work closely aided by the Commercial Team Lead and Commercial Banking Manager to handle current financing clients and develop brand new customer relationships to attract future lending possibilities when it comes to bank. The Commercial Loan Officer II will be able to work closely aided by the Bank’s Credit Analysts to help in analysis of credit needs and planning of Credit Write ups.
Outside Bank Position keeps regular and close working relationship with a selection of centers 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 solutions whenever appropriate
Track current loan portfolios to steadfastly keep up a good quality asset base and help in number of delinquent loans
Negotiate renewals of credit facilities. Suggest approval of loan payments, construction draw requests, draws from personal lines of credit and funds transfers with specified limitations
Responsibility # 2 Credit and Borrower Research
Screen possible commercial borrowers by analyzing their company plan, methods, and projections, in addition to, historical monetary statements and company outcomes
Talk with current clients and leads through different techniques 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 supporting documents is complete and signed whenever necessary.
Responsibility no. 3 Start Up Business Developing / Community Outreach
take part in business development tasks and obtain brand new good quality loan and deposit business to obtain volume and/or production 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 networks that are personal taking part in expert businesses.
Sound Community Bank is an equal possibility company and all sorts of qualified candidates will get consideration for work without respect to battle, color, faith, intercourse, nationwide beginning, intimate orientation, sex identification, impairment status, protected veteran status, or other characteristic protected for legal reasons.