Commercial Loan Officer II
PLACE DEFINITION The Commercial Loan Officer II is in charge of supplying expert lending that is commercial to current and potential bank customers. The Commercial Loan Officer II is anticipated to attain 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 Lending experience. Trustworthiness and sensitiveness are necessary. Experience competencies required consist of, but are not restricted to: ? capacity to underwrite credit demands, 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 ? capacity to assess and grade credit danger, 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 ? exemplary 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 perfect ethical behavior and knows the necessity for privacy ? i . t knowledge is a bonus. ? should have legitimate driver’s permit and use of an insured automobile
Will need to have a general comprehension of Bank operations and regulatory compliance, such as the Bank Secrecy Act.
RELATIONSHIPS AND CONNECTIONS Within Bank Commercial Loan Officer II will be able to work closely aided by the Commercial Team Lead and Commercial Banking Manager to installment loans Rhode Island control 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 continue to work closely aided by the Bank’s Credit Analysts to aid in analysis of credit needs and planning of Credit Write ups.
Outside Bank Position keeps regular and close relationship that is working a number of facilities of impact, community leaders and company specialists.
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 existing loan portfolios 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 payments, construction draw requests, draws from credit lines and funds transfers with specified limitations
Responsibility # 2 Credit and Borrower Review
Screen possible commercial borrowers by analyzing their company plan, techniques, and projections, along with, historical monetary statements and company outcomes
Talk with current clients and leads through different solutions to discuss company requirements and suggest ways that the financial institution can offer solutions
Make use of 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, finalized and recorded/perfected.
Ensure all documentation that is supporting complete and signed whenever necessary.
Responsibility number 3 Start Up Business Development / Community Outreach
take part in business development tasks and get brand new good quality loan and deposit company to quickly attain volume and/or manufacturing objective
Represent 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 taking part in academic possibilities, keeping networks that are personal taking part in professional companies.
Sound Community Bank is an equal possibility company and all sorts of qualified candidates will get consideration for work without regard to competition, color, faith, intercourse, national beginning, intimate orientation, sex identification, impairment status, protected veteran status, or other characteristic protected for legal reasons.