JOB SUMMARY: We are seeking a motivated and detail-oriented Commercial Lender to join our team. The ideal candidate will have a thorough understanding of the dynamics of commercial lending, strong financial background, excellent analytical skills, and a passion for developing relationships and serving our business clients.
Major Duties & Responsibilities:
- Acquire new commercial relationships and expand existing commercial relationships within the bank.
- Conduct financial analysis, balance sheet and income statement, statement of cash flows and cash flow projection assessments.
- Perform credit risk assessments and evaluate the overall financial health and creditworthiness of borrowers.
- Present recommendations to senior management and loan committee for approval.
- Collaborate with loan officers, borrowers, and other stakeholders to gather necessary information and documentation.
- Monitor and manage client relationships.
- Stay updated on industry trends, regulations, and best practices related to commercial lending.
- Work with Loan Assistant in preparation of loan documents and ensuring compliance with regulatory requirements.
- Participate in meetings with clients to understand their financing needs and provide appropriate product solutions.
Skills and Qualifications:
- Minimum of 5 years in banking with at least 2 years of experience in commercial lending, and financial analysis.
- Bachelor's degree in Accounting, Finance, Economics, or a related business field required.
- Strong understanding of financial statements, accounting principles, and credit analysis. Credit analyst experience is a strength, though not required.
- Knowledge of the commercial loan products including, Term Loans, Advancing Term Loans, Revolving Lines of Credit, Guidance Lines of Credit, and Letters of Credit.
- Knowledge of Treasury products and the benefits they provide.
- Knowledge of guidelines for loan programs and various types of loans such as SBA (7a, 7a Express & 504) and USDA is an asset, but not required.
- Excellent relationship development skills and communication skills.
- Excellent verbal and written communication skills.
- Ability to work independently and as part of a team in a fast-paced environment.
- Strong organizational and time management skills.
- Proficient in Microsoft Office Suite, particularly Excel and Word.
- Knowledge of commercial lending regulations and compliance standards is a plus.
Attributes:
- Ability to think critically and make sound judgments based on financial data.
- Strong interpersonal skills with the ability to build relationships with clients and colleagues.
- Self-motivated and eager to learn about commercial lending practices.
- Commitment to maintaining high ethical standards, professional decorum, and confidentiality.
This position offers a great opportunity to gain experience in commercial lending, credit analysis, involvement in credit committee, and communication with the executive officers of the bank.
EOE/M-F/Disable/Protected Veterans
Job Type: Full-time
Pay: $80,000.00 - $110,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
Education:
Experience:
- Microsoft Powerpoint: 1 year (Preferred)
- Banking: 5 years (Preferred)
- Commercial Lending: 2 years (Preferred)
Language:
- Bilingual, multilingual a plus (Preferred)
Work Location: In person