Commercial Banking Officer

3 days ago


Sioux City, Iowa, United States Central Bancompany Full time
Job Summary

The Commercial Banking Officer is a key member of our team, responsible for driving business development efforts within assigned market areas. This role involves creating new or enhanced deposit relationships and maintaining a large portfolio of loan business.

Key ResponsibilitiesPortfolio Growth & Referrals
  • Identify and solicit high-quality new loan business and deposit relationships.
  • Participate in community affairs to increase bank visibility and enhance business opportunities.
  • Achieve individual and department sales goals through new business sales, referrals, and retention of account relationships.
  • Cross-sell additional products through referrals and outbound calling to build rapport and life-long relationships with customers.
  • Analyze potential commercial loan markets to develop prospects for loans.
  • Stay up-to-date with financial markets, trends, and technology.
Lending & Customer Service
  • Meet with clients, listen to their needs, and propose recommendations and service actions.
  • Demonstrate personal commitment to excellence in sales and service to customers and other employees.
  • Refer customer questions to the appropriate person.
  • Handle customer complaints and take appropriate action to resolve them.
  • Stay informed about new types of loans, treasury management products, and other financial services and products.
  • Negotiate payment arrangements with customers who have delinquent loans.
  • Prepare reports for customers with delinquent accounts and forward irreconcilable accounts for collector action.
Loan Operations
  • Analyze applicants' financial status, credit, and property evaluations to determine loan feasibility.
  • Obtain and compile loan applicants' credit histories, corporate financial statements, and other financial information.
  • Ensure loan agreements are complete and accurate according to policies, procedures, and standards.
  • Approve loans within specified limits and refer loan applications outside those limits to management for approval.
  • Service loan portfolio to ensure compliance with loan policy, approval conditions, and approved financing plans.
  • Correspond with or interview applicants or creditors to resolve questions regarding application information.
  • Conduct on-site inspections at customer locations to determine customer products.
Other
  • Provide guidance to the credit department and/or less seasoned lenders in the development and analysis of financial background data for new or renewed loans.
  • Develop strong professional relationships with members of the bank's other departments and external representatives.
  • Perform other duties as assigned.
Requirements
  • Bachelor's degree required or equivalent work experience.
  • Minimum of two (2) years of experience in similar job duties.

Central Bancompany is an Affirmative Action and Equal Opportunity Employer, drug-free workplace, and complies with ADA regulations as applicable.



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