Commercial Loan Officer I- Portland

Skowhegan Savings Bank seeks an individual to join our team in Portland, ME as a Commercial Loan Officer. 

Position Summary:

The Commercial Loan Officer is responsible for building, maintaining and growing commercial banking relationships by generating loans and making referrals to other banking services. Additional duties would involve growing the commercial loan portfolio and understanding potential risk with the portfolio. 

Duties and Responsibilities:

• Develops commercial loan prospects from current customers, referral leads, and other sources to include both Commercial and Commercial Real Estate loans.  
• Initiate calls with other bank personnel while reciprocating referrals back to each line of service.
• Contact prospective customers to present information on available commercial loan and deposit services. Makes presentations on financial, deposit and loan services to groups to attract new clients.
• Collects and analyzes financial and other related data in order to determine the credit worthiness of the borrower within the parameters of the bank’s loan policies (includes thorough analysis of financial statements). Prepares proposal to sell services. Establishes and negotiates the terms under which credit will be granted to comply with loan underwriting guidelines.
• Originates, processes, approves within lending authority or submits for approval, and closes commercial loan originations.
• Participates in various civic and business organization events and activities to develop business network and favorable image for the bank. Be the Bank’s eyes and ears into business and economic activities for assigned geographic market. Works with the Commercial Credit Analyst and Commercial Loan Assistant to ensure and expedite proper completion of all documentation required for each loan. 
• Reviews existing loan portfolio for documentation exceptions and periodic financial statements to maintain established quality standards consistent with bank policy.
• Work with the Finance Authority of Maine and Small Business Association to secure agency guarantees for commercial customers.
• Assumes additional responsibilities as assigned.

Education and Experience:

Commercial Loan Officer I:

• Associate’s degree or equivalent work experience and
• 3 -5 years of related experience and/or training in Commercial Banking.

Skills and Abilities:

• Strong knowledge of commercial lending.
• Strong knowledge of bank products and services.
• Demonstrated proficiency with analyzing financial statements.
• Strong sales, negotiation and networking skills.
• Strong and effective communication skills, both oral and written.
• Strong analytic and critical thinking skills.
• Excellent organizational skills and attention to detail.
• Proficient computer skills.
• Ability to handle multiple projects and meet deadlines.

Working Conditions:

• General office environment
• Physical surroundings are generally pleasant and comfortable
• Moderate lifting (to 35 lbs.) required. Moderate reaching, walking, sitting and standing required.