Business Banking Loan Officer
At Oxford Bank, we are passionate about serving our clients and communities. As a leading provider of sophisticated financial solutions, we are committed to providing an exceptional customer experience in a positive work environment. We have a community-bank feel with the large-bank ability, allowing us to compete with all financial institutions. Delivering tailored solutions for owner-managed businesses is at the heart of our organization.
Meaningful impact comes from working together. Our team is a small and cohesive unit. Even our executives pitch in to help with clients. Our relationships, shared decision making, mutual respect for others, and desire to win are what make us successful. Managers at all levels practice an open-door policy to encourage candid communication, feedback, and discussion. Ideas on how to impact the bottom line are listened to, encouraged, and respected.
As a team, we are deeply connected with our communities and volunteer / participate in worthy causes. We are passionate about the company's contributions to the markets we serve and the great opportunity we must give back.
Job Summary
A Business Banking Loan Officer is a portfolio management position responsible for creating value for our Business Banking relationships and Treasury Management relationships while promoting other products and services provided by Oxford Bank.
Primary Responsibilities
- Developing and managing an existing Business Banking portfolio.
- Managing our customer's relationship around profitability and portfolio risk while responsible for profitable growth of the assigned portfolio.
- Meeting with business owners to build strong relationships.
- Identifying needs, and recommending product solutions.
- Partnering with Personal Banking to create and deliver customer solutions.
- Partnering with Credit and Loan Documentation to ensure accuracy and completeness of credit packages according to policy.
How You'll Spend Your Time
Serving as a resource to a team of Business Bankers in the areas of marketing, new business development, and loan analysis and servicing.Overseeing annual department objectives, providing input on our operating plan, and helping implement department programs to comply with organization requirements.Calling on complex commercial accounts to develop new relationships with prospective clients, cross-sell products, and services, and retain existing clients.Participating in community and professional activities to enhance our image and expand your network of business contacts for development of new business.Partnering with Credit & Loan Processing on the approval, documentation, and booking processes. Analyzing and evaluating credit requests, writing loan commitments, recommending appropriate risk rating, and issuing declinations.Providing input to leadership regarding negotiation of loan proposals, analysis of credit requests, prepare loan commitments, and recommend appropriate credit grades. Making oral presentations to loan committee and providing back-up support to team members with loan committee presentations.Qualification and Skills
Excellent written and verbal communication skills.High level of professionalism.Experience using Microsoft Office products.Demonstrated consistent and effective negotiation skills.General knowledge of business banking, lending, and deposit products and services.Demonstrate knowledge of credit structures, along with thorough understanding of current banking industry.Work well within a team environment and collaborate closely with internal partners to deliver customer solutions.Education and Experience
Bachelor's Degree in a related field.Formal Credit Lending training.Candidates preferably have at least 1-2 years' experience managing business relationships.This position will comply with all BSA compliance laws and regulations including the Bank's BSA policy and procedures.
Department : Business Banking
Reports to : Business Banking Group Manager
Travel : Yes
Classification : Exempt
Employment Type : Full-Time
Supervises : None
Oxford Bank is an equal opportunity employer and is committed to providing equal employment opportunities and an environment free of discrimination and harassment. All employment decisions at Oxford Bank are made without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, veteran or disability status.