Sound Community Bank: Commercial Loan Officer II. Will need to have a standard comprehension of Bank operations and compliance that is regulatory like the Bank Secrecy Act.vall vall
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 customers. The Commercial Loan Officer II is expected to realize their specific manufacturing and consumer calling objectives and correctly handle their assigned loan portfolio.
PLACE QUALIFICATIONS Bachelors’ degree preferred, plus no less than 3 – 5 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 framework and current proposed loan demands for approval ? Prepare expert Credit Write- Ups for review by Commercial Team Lead, Credit management online payday VT and Loan Committee for approval ? capacity to assess and grade credit danger, financial obligation solution 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 ? exceptional verbal and written interaction skills ? exceptional proofreading abilities with a stronger focus on detail ? capacity to work both individually and also as a team player ? Practice perfect ethical behavior and knows the need for privacy ? i . t knowledge is a bonus. ? should have legitimate driver’s permit and usage of a vehicle that is insured
Should have a complete knowledge of Bank operations and compliance that is regulatory like the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II works closely using the Commercial Team Lead and Commercial Banking Manager to control current financing clients and develop brand new client relationships to attract future lending possibilities for the bank. The Commercial Loan Officer II is going to work closely because of 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 number of facilities 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 when appropriate
Track loan that is existing to keep a top quality asset base and help out with number of delinquent loans
Negotiate renewals of credit facilities. Suggest approval of loan re re payments, construction draw requests, draws from credit lines and funds transfers with specified restrictions
Responsibility # 2 Credit and Borrower Research
Screen prospective borrowers that are commercial analyzing their business strategy, methods, and projections, in addition to, historical monetary statements and company outcomes
Talk with 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 documents are correct, recorded/perfected and signed.
Ensure all supporting paperwork is complete and signed where necessary.
Responsibility no. 3 Start Up Business Developing / Community Outreach
take part in company development tasks and obtain brand brand new quality that is high and deposit company to attain volume and/or manufacturing objective
Represent 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 playing expert companies.
Sound Community Bank is an opportunity that is equal and all sorts of qualified candidates will get consideration for work without reference to competition, color, faith, sex, nationwide beginning, intimate orientation, sex identification, impairment status, protected veteran status, or just about any other characteristic protected for legal reasons.