Commercial Loan Officer
Apply NowCompany: ITASCA BANK & TRUST Company
Location: Itasca, IL 60143
Description:
Itasca Bank & Trust Co. is an independently owned, local community bank with locations in Itasca and Roselle. Itasca Bank values its staff. Our most important assets are the people - customers and employees. For over 75 years the Bank has been a responsible citizen and community leader because it respects the values of its past when making decisions that shape its future. Without a dedicated and responsible staff, we can't serve customer needs and remain a responsible corporate citizen. Itasca Bank has been voted Best of the Best/Top Pick by the Daily Herald Readers since 2016, which reflects our dedication to quality service, high standards, and responsiveness to customers and employees alike. Itasca Bank is a responsible employer dedicated to the health and safety of employees and works to maintain diversity in both its workforce and the vendors it uses. We encourage our employees' participation in community and civic activities which lead to better communities, and a positive workplace environment where a work/life balance is encouraged.
Essential Functions
Generate new loan and deposit relationships and maintain existing relationships that meet bank credit standards regarding safety, liquidity, and profitability.
Perform comprehensive review of loan due diligence to support the credit decision and ensure perfection of collateral.
Produce sound and accurate underwriting decisions in a timely manner.
Coordinate with the loan team to ensure loan requests move efficiently through all stages.
Promptly recognize potential problem credits and implement resolution strategies.
Proactively manage delinquencies with effective collection efforts as demonstrated by minimal losses in the portfolio.
Cross-sell deposit accounts and cash management products.
Refer potential trust and financial planning opportunities to the appropriate staff.
Manage time effectively, prioritize work appropriately and consistently meet deadlines.
Produce professional, articulate, and concise written and verbal communication.
Protect the Bank and its customers by maintaining a high level of security awareness.
Understand and adhere to all established company policies and regulatory requirements.
Complete all required bank training and adapt concepts and procedures.
Provide exceptional service to our customers.
Competencies
Sales skills
Organizational skills
Effective communication
Knowledge of industry trends, products, and technology
Initiative
Supervisory Responsibility
None
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers and phones.
Physical Demands
Prolonged periods sitting at a desk and working on a computer.
Must be able to lift up to 15 pounds at times.
Must be able to travel at times.
Position Type/Expected Hours of Work
This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5:00 p.m. This position regularly requires long hours and weekend work.
Travel
Travel is primarily local during the business day, although some out-of-area and overnight travel may be expected.
Required Education and Experience
4-5 years of lending experience or training, or equivalent combination of education and experience.
5+ years of commercial lending with appropriate credit or underwriting experience
Bachelor's degree in finance or a related field is preferred.
Proficiency with traditional application software programs (spreadsheet, word processing, database, and scheduling)
Effective, professional written and verbal communication
AAP/EEO Statement
Itasca Bank & Trust Co. is an Equal Opportunity and Affirmative Action employer Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Essential Functions
Generate new loan and deposit relationships and maintain existing relationships that meet bank credit standards regarding safety, liquidity, and profitability.
Perform comprehensive review of loan due diligence to support the credit decision and ensure perfection of collateral.
Produce sound and accurate underwriting decisions in a timely manner.
Coordinate with the loan team to ensure loan requests move efficiently through all stages.
Promptly recognize potential problem credits and implement resolution strategies.
Proactively manage delinquencies with effective collection efforts as demonstrated by minimal losses in the portfolio.
Cross-sell deposit accounts and cash management products.
Refer potential trust and financial planning opportunities to the appropriate staff.
Manage time effectively, prioritize work appropriately and consistently meet deadlines.
Produce professional, articulate, and concise written and verbal communication.
Protect the Bank and its customers by maintaining a high level of security awareness.
Understand and adhere to all established company policies and regulatory requirements.
Complete all required bank training and adapt concepts and procedures.
Provide exceptional service to our customers.
Competencies
Sales skills
Organizational skills
Effective communication
Knowledge of industry trends, products, and technology
Initiative
Supervisory Responsibility
None
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers and phones.
Physical Demands
Prolonged periods sitting at a desk and working on a computer.
Must be able to lift up to 15 pounds at times.
Must be able to travel at times.
Position Type/Expected Hours of Work
This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5:00 p.m. This position regularly requires long hours and weekend work.
Travel
Travel is primarily local during the business day, although some out-of-area and overnight travel may be expected.
Required Education and Experience
4-5 years of lending experience or training, or equivalent combination of education and experience.
5+ years of commercial lending with appropriate credit or underwriting experience
Bachelor's degree in finance or a related field is preferred.
Proficiency with traditional application software programs (spreadsheet, word processing, database, and scheduling)
Effective, professional written and verbal communication
AAP/EEO Statement
Itasca Bank & Trust Co. is an Equal Opportunity and Affirmative Action employer Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.