Commercial Officer III

Pay Range: $78, 615USD to $102,200USD

Summary: Responsible for interviewing loan applicants and taking loan applications. Maintains close contact with customers through the closing process and executes closing documents. Responsible for ensuring the sound administration and quality of an assigned loan portfolio and making sound credit underwriting decisions within authority as specified by the loan policy.

Responsibilities: include but are not limited to the following. Other duties may be assigned.

• Interview commercial loan applicants including occasional consumer applicants, gather the required information for a credit application, explain loan options, rates, terms and collateral requirements. Establish and negotiate, where necessary, the terms under which credit will be extended, including the costs, repayment method, amortization schedule and collateral requirements. Cross-sell services in a professional manner.
• Approve creditworthy loans within the Bank's loan policy and the officer's individual lending limit as established by the loan policy. Refer creditworthy loans above the officer's individual lending limit as well as those with exceptions to the bank's loan policy to a more senior loan officer or loan committee for review and approval.
• Develop materials, as necessary for presentation of loans to senior loan officers or the loan committee.
• Discuss with customers business and financial matters relating to loans. Inspect applicant's business and/or collateral and review financial information. Regularly contacts delinquent loan accounts in order to discuss their account status and to work out a payment arrangement suitable to the bank and the customer.
• Underwrite loan applications by ordering credit reports and analyzing the information provided. Verify information with creditors, applicant, and the applicant's past and current employer (when applicable). Requests additional information from the applicant as required.
• Work with team leader to develop realistic goals in lending, sales and related activities that are consistent with the bank's overall objectives.
• Close approved loans, assuring the completeness of the documents and their compliance with applicable rules and regulations. Responsible for the ongoing contents of credit and collateral files.
• Develop new business and retain current business relationship by contacting prospects and customers. Participate in community affairs to increase the Bank's visibility and to enhance new business opportunities.
• As required, assist with current and prospectus customer's deposit needs and requests.
• Actively promote the sale and referral of various financial products including insurance and investments.
• Portfolio size composition will be commensurate with officer skill level and will include medium to large complex and non-complex loan relationships.
• Assist with training junior Commercial Officers.

All employees are expected to protect the information and assets of the organization through heightened awareness of information security, cyber security, and risk management best practices, as well as complying with all applicable laws, regulations, and organizational policies.

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education/Experience:

• Bachelor's degree in accounting, finance, or business-related field is required.
• Five years' experience in formal loan training in the commercial lending field.
• Extensive knowledge of commercial loan processing and origination functions required.

Knowledge/Skills/Abilities:

• Strong sales and relationship building skills.
• Ability to think strategically.
• Ability to develop and managing customer relationships.
• Ability to problem solve, prioritize tasks and meet required deadlines.
• Ability to think critically and use good, sound judgment in decision-making.
• Ability to respond to common inquiries or complaints from regulatory agencies, outside auditors and accountants, Board of Directors or other members of management.
• Ability to write routine correspondence and communicate effectively and tactfully, orally and in writing with employees, customers, vendors and management.
• Strong analytical skills including the ability to define problems, collect data, establish facts, draw valid conclusions and project future results or consequences from different alternatives or variables.
• Must understand and comply with company policies and procedures.
• Ability to oversee goals and projects and ensure they are completed in a timely manner.
• Ability to maintain a friendly, helpful and courteous attitude when working with customers or co-workers under diverse conditions
• Ability to accurately and quickly complete standard mathematical calculations.
• Ability to use Microsoft Internet Explorer and Microsoft Office programs, specifically Word, Outlook and Excel.

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must have the ability to lift and carry 25 pounds for a distance of 50 feet.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.