Commercial Loan Officer I

Role

Originates, manages, and supervises a portfolio of commercial loans, typically less than $20M, with the overall objective of maintaining and increasing its asset quality. Develops new and existing business relationships.

Major Duties and Responsibilities

• Takes applications for commercial loan business. Reviews customer financial condition and assesses the customer's ability to re-pay the loan. Makes underwriting decisions within approval authority. Completes or directs completion of all loan documents and closes loans.

• Demonstrates a highly motivated and positive personality with a strong emphasis on sales and results to ensure the credit union maximizes membership opportunities. Participates in developing both lending and deposit business for the company. Calls on clients to expand existing business; calls on prospects seeking opportunities to expand the company's client base.

• Monitors existing loan portfolio to maintain a high-quality asset base. Maintains up-to-date client files including current balance sheets, profit & loss statements, cash flow projections and all loan documentation.

• Assists in collection of past due loans.

• Assists customers with any account or loan questions and concerns.

• Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Knowledge and Skills

EXPERIENCE - Two to Five years of similar or related experience, including time spent in preparatory positions.

EDUCATION/CERTIFICATIONS/LICENSES - A college degree.

INTERPERSONAL SKILLS - The ability to motivate or influence internal or external senior level professionals is a critical part of the job, requiring a significant level of influence and trust. Obtaining cooperation and agreement on important outcomes via frequently complex, senior level dialogues, as well as a professional level of written communication skills are essential to the position.

Minimum Starting Wage : $84,210.25 (Negotiable based on experience)