Commercial Loan Officer

18 hours ago


Lake Hiawatha, United States Unity Bank Full time
Job Summary

Unity Bank is seeking a highly skilled Commercial Loan Officer to join our team. As a key member of our commercial lending team, you will be responsible for managing and growing profitable commercial lending relationships through active networking and cold calling efforts.

Key Responsibilities:

  • Initial screening and evaluation of potential commercial loan transactions, including site visits;
  • Evaluate and structure loan requests, balancing Unity'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;
  • 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 (e.g. 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.

Education and Experience:

  • College degree, preferred;
  • Formal bank credit training, preferred;
  • Must have a minimum of five (5) years commercial lending experience.

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.

Required Manual Skills:

  • PC proficient;
  • Working knowledge of software, including Word, Excel, FISERV (a plus);
  • Other office machines (i.e. fax, copier, printer).


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