Business Loan Officer I

2 weeks ago


Flower Mound, Texas, United States Point Bank Full time
About PointBank
PointBank is a community-focused financial institution that has proudly served the Denton County area for over 135 years. With multiple branches strategically located throughout the region, we are dedicated to providing exceptional banking services while fostering a supportive work environment for our employees. Our mission is to ensure every customer feels valued, encouraging them to share their positive experiences with family and friends.

Position Overview

As a Commercial Loan Officer I, you will play a vital role in promoting and facilitating the bank's product offerings. Your primary responsibility will be to drive growth by effectively marketing our services to both new and existing clients, emphasizing a commitment to outstanding customer service.

Reporting Structure

This role reports directly to the Senior Vice President - Senior Lending Officer and indirectly to the Senior Vice President - Senior Credit Officer.

Classification

This position is classified as Exempt under the Outside Sales Exemption of the Fair Labor Standards Act (FLSA).

Key Responsibilities
  • Manage and service a loan portfolio valued between $70MM and $100MM, ensuring proper risk assessment and addressing potential issues proactively.
  • Prepare renewals based on loan maturity reports and maintain communication with clients regarding payment statuses.
  • Conduct thorough loan monitoring, including the collection of updated financial information from clients.
  • Process and approve requests for loan modifications and collateral substitutions.
  • Engage in marketing and networking efforts to secure a diverse range of commercial loans outside of PointBank's premises.
  • Evaluate and approve loans in accordance with established lending policies and guidelines.
  • Gather necessary documentation and perform comprehensive credit and underwriting analyses to prepare loan request packages.
  • Maximize profitability through strategic pricing of loan originations and cross-selling of bank products and services.
  • Ensure compliance with all applicable federal and state regulations related to lending practices.
  • Participate in community events to enhance the bank's visibility and foster relationships with potential clients.
  • Contribute to the overall appearance and professionalism of the branch.
  • Attend required meetings and training sessions to maintain regulatory compliance.
  • Collaborate with management to identify opportunities for operational improvements.
Physical and Mental Demands

This position requires light physical activity, including lifting up to 20 pounds occasionally. The role involves frequent sitting, standing, and walking, along with the use of standard office equipment.

Working Conditions

Work is primarily conducted indoors, with occasional travel required for client meetings and training sessions.

Equal Opportunity Employment

PointBank is committed to creating a diverse environment and is proud to be an equal opportunity employer. We welcome applications from all qualified individuals.

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