Commercial Loan Officer
1 week ago
Commercial Loan OfficerThe Commercial Loan Officer will interview business loan applicants, and explain the different loan products and loan enhancement programs available and their requirements. The Commercial Loan Officer will obtain the pertinent financial information necessary to underwrite the request, and conduct a preliminary analysis to determine if the application meets established minimum criteria. Responsible for coordinating with the processors and analysts for further processing and underwriting of the loan request. The Commercial Loan Officer is responsible for providing a written and verbal loan recommendation to the Business Loan Committee. The Commercial Loan Officer is responsible for the overall management of their business loan portfolio, the dollar amount of which increases with the level of experience and responsibility. The Commercial Loan Officer is ultimately responsible for facilitating the applicant's loan request throughout the various stages of the process: interview, inspection, decision, due diligence, and closing. The Commercial Loan Officer is expected to continue to enhance the relationship with the business members throughout the life of the loan, and for cultivating new loan opportunities.Work Arrangement: This position is able to work hybrid at our Auburn Hills Regional Office with occasional visits to Congress Street/Downtown Detroit. Typically working 1-2 days onsite and the remainder of the week remotely. Department Hours: Monday - Friday 8:30am-5:00pm ET. Attending evening/weekend business development events is required.Compensation & Benefits: 100% Company-Paid Health, Dental, Vision, Life, and Long-Term Disability Premiums Up to 26 days of PTO within your first year, as well as Volunteer Time Off & 11 Paid Holidays 401(k) with a company match Tuition Reimbursement Up to 12 Weeks of Paid Parental Leave Learn more about our benefits hereEssential Duties and Responsibilities - Commercial Loan Officer I - Manage a loan portfolio consisting of a diverse base of business members. Grow the portfolio through a Business Development Plan that will include calling on: Current Members in person and phone conversations of your assigned portfolio based upon member relationship in proportion to the portfolio; Prospects by obtaining new business or referrals; Actively engaging in community activities; Actively participating in trade shows and other networking events Maintaining knowledge of industry trends, products, and technology to broaden new business opportunities Monitor loan portfolio, to include maintaining current financial statements, adherence to loan covenants/terms, minimizing past due accounts and reporting to senior management potential issues on a proactive basis ensuring all loans are in compliance and properly documented Interviews members for business loans at their place of business or by telephone. Answers member's questions pertaining to their loan during entire process. Work with member to resolve problems and questions relating to their loan application and financial information. Makes personal visits and inspections to properties provided for collateral Negotiates and executes on loan proposals Works with the business services team to oversee the ordering of appraisals, title searches, surveys, credit reports and arrangements for inspections, UCC filings, etc. Evaluates all information gathered and ensures that the underwriting of the loan has begun.
-
Commercial Loan Officer
2 weeks ago
Detroit, United States MSU Federal Credit Union Full timeCommercial Loan OfficerThe Commercial Loan Officer will interview business loan applicants, and explain the different loan products and loan enhancement programs available and their requirements. The Commercial Loan Officer will obtain the pertinent financial information necessary to underwrite the request, and conduct a preliminary analysis to determine if...
-
Commercial Loan Officer
2 weeks ago
Detroit, United States MSUFCU Full timeThe Commercial Loan Officer will interview business loan applicants, and explain the different loan products and loan enhancement programs available and their requirements. The Commercial Loan Officer will obtain the pertinent financial information necessary to underwrite the request, and conduct a preliminary analysis to determine if the application meets...
-
Commercial Loan Officer
1 week ago
Detroit, MI, United States Michigan State University Federal Credit Union Full timeDescription The Commercial Loan Officer will interview business loan applicants, and explain the different loan products and loan enhancement programs available and their requirements. The Commercial Loan Officer will obtain the pertinent financial information necessary to underwrite the request, and conduct a preliminary analysis to determine if the...
-
Commercial Loan Officer
7 days ago
Detroit, MI, United States Michigan State University Federal Credit Union Full timeDescription The Commercial Loan Officer will interview business loan applicants, and explain the different loan products and loan enhancement programs available and their requirements. The Commercial Loan Officer will obtain the pertinent financial information necessary to underwrite the request, and conduct a preliminary analysis to determine if the...
-
Commercial Loan Officer
2 weeks ago
Detroit, MI, United States Michigan State University Federal Credit Union Full timeDescription The Commercial Loan Officer will interview business loan applicants, and explain the different loan products and loan enhancement programs available and their requirements. The Commercial Loan Officer will obtain the pertinent financial information necessary to underwrite the request, and conduct a preliminary analysis to determine if the...
-
Commercial Loan Officer
3 weeks ago
Detroit Lakes, United States Minnesota Staffing Full timeCommercial Loan OfficerMidwest Bank is a locally owned, community focused bank committed to building lasting relationships with both our customers and employees by consistently exceeding their expectations. We look for employees who will provide exceptional service and embrace our values of Community, Integrity, Quality, Genuine Care, Teamwork, and Balance....
-
Commercial Loan Officer
6 days ago
Detroit Lakes, United States Detroit Staffing Full timeCommercial Loan OfficerMidwest Bank is a locally owned, community-focused bank committed to building lasting relationships with both our customers and employees by consistently exceeding their expectations. We look for employees who will provide exceptional service and embrace our values of community, integrity, quality, genuine care, teamwork, and balance....
-
Commercial Real Estate Loan Officer
2 weeks ago
Detroit, MI, United States Management Recruiters International Full timeActively seeking a Commercial Real Estate Loan Officer to solicit new CRE loan business through a network of brokers, business owners, and investors. RESPONSIBILITIES : Will solicit and coordinate the closing of commercial loans; responsible for commercial loan business development and to act as the bank's contact with commercial loan clients, brokers, and...
-
Commercial Loan Officer
2 weeks ago
Detroit Lakes, Minnesota, United States Midwest Bank Full timeMidwest Bank is a locally owned, community focused bank committed to building lasting relationships with both our customers and employees by consistently exceeding their expectations. We look for employees who will provide exceptional service and embrace our values of Community, Integrity, Quality, Genuine Care, Teamwork, and Balance. Midwest Bank is seeking...
-
Commercial Loan Officer
3 weeks ago
Detroit, United States gpac Full timeJob Description We are supporting a confidential search for a Commercial Loan Officer to join a well-respected, community-focused financial institution. The team is seeking a lender who can step in confidently, manage the full lending process, and build strong, lasting relationships with local businesses. This is a great fit for a commercial banker who...
