Job Description
Job Description
Job Summary :
We are seeking a motivated and experienced Commercial Loan Officer to join our team. The ideal candidate will be responsible for originating and managing commercial loan portfolios, building relationships with clients, and providing expert financial advice to meet their commercial lending needs.
This role requires a deep understanding of the commercial lending process, strong analytical skills, and the ability to work collaboratively in a team-focused environment.
Key Responsibilities :
- Loan Origination : Identify and develop new commercial lending opportunities by networking, cold calling, and leveraging existing relationships.
- Client Relationship Management : Build and maintain strong relationships with business owners, veterans, and other clients, ensuring a deep understanding of their financial needs and objectives.
- Loan Analysis : Conduct thorough financial analysis and risk assessment to evaluate the creditworthiness of loan applicants.
Review financial statements, credit reports, and other relevant documents.
Loan Processing : Guide clients through the loan application process, ensuring timely and accurate completion of all required documentation.
Collaborate with underwriters to secure approval.
- Portfolio Management : Manage and monitor a portfolio of commercial loans, ensuring timely payment, compliance with loan terms, and proactive identification of potential risks.
- Compliance and Regulations : Stay informed about industry regulations, company policies, and market trends to ensure all lending activities are in full compliance.
- Team Collaboration : Work closely with other team members, including underwriters, loan processors, and sales representatives, to provide seamless service to clients.
- Market Analysis : Conduct market research to identify new business opportunities and stay updated on economic trends that may impact lending activities.
Qualifications :
- Experience : Minimum of 3-5 years of experience as a Commercial Loan Officer or in a similar role.
- Education : Bachelor's degree in finance, business, economics, or a related field is preferred.
- Skills :
- Strong understanding of commercial lending practices and financial analysis.
- Excellent communication and interpersonal skills.
- Ability to manage multiple tasks and work under pressure.
- Proficient in Microsoft Office Suite and loan management software.
- Licensing : Relevant state licenses for loan origination are required.
- Veteran Status : Military experience or a strong connection to the veteran community is highly valued.