Commercial Lending Specialist

2 days ago


Lake Hiawatha, United States Unity Bank Full time
Job Title: Commercial Loan Officer

Job Summary:

The Commercial Loan Officer is responsible for managing and growing profitable commercial lending relationships through active networking and cold calling efforts with local centers of influence such as accountants, attorneys, and brokers.

Key Responsibilities:

  • Initial screening and evaluation of potential commercial loan transactions, including site visits
  • Evaluate and structure loan requests balancing Unity Bank's credit philosophy with the applicant's requests
  • Prepare and submit to the credit department, an initial draft of the loan proposal, including collateral, cash flow, and guarantor analysis, along with all other required documents
  • Responsible for accuracy of all content in the loan proposal
  • Present loan proposal to senior management and/or executive loan committee
  • Assist the credit and closing departments in obtaining required documentation to facilitate timely closings
  • Cross-sell other Unity Bank products and business partner services
  • Monitor and report assigned loan portfolio activity to senior management as required by Unity Bank policy and procedures
  • Responsible for ongoing monitoring of financial performance, including renewals, and any necessary memos
  • Complete other reporting requirements as directed by senior management
  • Assist other areas (ex. Collections, Retail) of Unity Bank regarding assigned loan portfolio as directed by senior management

Requirements:

  • Knowledge of commercial lending parameters is essential
  • Must be self-motivated and able to work independently
  • Must be able to demonstrate a proven track record of successful loan commercial loan origination's
  • Must be able to cross-sell banking products
  • Must be willing and able to travel locally
  • Must be willing to work extended hours as necessary to attend evening business functions

Accountabilities:

  • Senior Commercial Lender
  • Credit Manager
  • Chief Lending Officer and Senior Loan Committee

Financial Responsibilities:

A Commercial Loan Officer's performance is assessed from the volume of new commercial loans originated, new retail accounts, and number and/or type of referrals made to Unity Bank business partners.

Individual requirements are negotiated with hire.



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