Commercial Loan Officer
Job Details
Experienced
Any Legend Bank Location - , TX
N/A
Full Time
High School
Undisclosed
Undisclosed
Day
Banking
JOB FUNCTION

 

Manage and grow profitable relationships through commercial and agricultural lending operations.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES

  1. Solicits and makes loans to commercial finance clients. 
  2. Responsible for building and maintaining relationships of commercial finance clients. 
  3. Identify and generate leads for new business opportunities; obtain and analyze information concerning their businesses, needs, desires, abilities, and earnings to determine whether a loan may be an acceptable risk.
  4. Evaluates the 5 C’s of Credit for each client.  Character, Capacity, Capital, Conditions, Collateral. 
  5. Makes decisions on loans and terms if within own lending limits, or makes recommendations to a superior.
  6. Understands credit structures for underwriting commercial loans and adheres to Bank policies and procedures. 
  7. Analyzes client provided financial information in order to appropriately underwrite and/or present credit structures for approval for loans/relationships above and below committee level approval.
  8. Responsible for final presentation to Loan Committee.
  9. Monitors the quality of existing relationships, recognizes unfavorable trends, and takes corrective action.
  10. Has primary responsibility for identifying emerging problems in his/her portfolio and brings identified problems to Managements attention immediately.
  11. Reviews and approves DDA accounts and overdraft activity on assigned relationships.
  12. Verifies that assigned relationships conform to loan documents and policy limits. 
  13. Confers with superiors on difficult or sensitive issues. 
  14. Calls on potential or existing customers to develop new business and increase or retain existing business.
Qualifications

EDUCATION:

 

Bachelor’s Degree in Accounting, Business, Economics, or Finance required..

Participate in Banking schools and webinars on commercial, agricultural, and real estate lending.

 

RELATED WORK EXPERIENCE:

Three (3) years commercial lending experience required; Basic experience in budgeting, cash flow and credit analysis required.

Coml Lender Mindy
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