Senior Commercial Lending Officer

1 week ago

West Palm Beach, Florida, United States Centennial Bank Full time

POSITION OVERVIEW

The Senior Commercial Lending Officer is accountable for the provision of credit in alignment with the established policies and guidelines of the lending framework. This role necessitates a comprehensive understanding of each client's financial requirements and circumstances, ensuring compliance with all applicable laws, regulations, and institutional policies. The officer is tasked with the diligent management of credit assessments and documentation for all loans and borrowing relationships that are either originated or assigned to them. Additionally, it is imperative for the officer to maintain up-to-date credit files and ensure the accuracy of note and collateral security documentation.

The responsibilities of the officer include:

A. Assigning appropriate credit ratings to loans at the time of origination and adjusting as necessary based on ongoing credit evaluations. It is expected that the officer will promptly identify and report any decline in the credit quality of a loan or borrowing relationship, as early detection of potential problem loans is crucial for minimizing financial losses.
B. Proposing approvals and managing recovery strategies for distressed loans.
C. Recommending and overseeing reserve levels for loans managed by the officer.
D. Administering the collection process, whether internally or in collaboration with legal counsel, while adhering to all relevant laws and regulations.
E. Safeguarding the funds of depositors and the equity of shareholders.
F. Contributing to the profitability of the bank and its shareholders.
G. Upholding and enhancing the bank's reputation.
H. Conducting interviews with loan applicants and making informed credit decisions.
I. Developing new business opportunities and overseeing the existing loan portfolio.
J. Managing the collection of overdue loans and ensuring that credit and collateral exceptions remain within policy limits.
K. Overseeing a portfolio of loans and coordinating collection efforts as necessary.

KEY RESPONSIBILITIES

1. Conduct interviews with commercial loan applicants, a task performed daily, approximately 10% of the time.
2. Assess and analyze applicants' credit and financial histories, performed daily, approximately 10% of the time.
3. Evaluate collateral (if applicable) to ascertain its adequacy, performed daily, approximately 10% of the time.
4. Authorize or recommend the approval or denial of loan applications, performed daily, approximately 10% of the time.
5. Approve loans within designated limits or escalate to the appropriate approval authority, performed daily, approximately 5% of the time.
6. Prepare loan offering memoranda, performed daily, approximately 10% of the time.
7. Ensure all loan documentation is complete, accurate, and compliant with policy, performed daily, approximately 5% of the time.
8. Facilitate the timely closing or declining of loans, performed daily, approximately 5% of the time.
9. Monitor the performance of the loan portfolio, performed daily, approximately 5% of the time.
10. Maintain correspondence with customers, performed daily, approximately 10% of the time.
11. Recommend adjustments in risk ratings, performed daily, approximately 5% of the time.
12. Collect overdue loan payments, performed weekly, approximately 5% of the time.
13. Identify potential loan markets and prospects, performed daily, approximately 5% of the time.
14. Complete required compliance training as assigned, performed annually, approximately 5% of the time.
15. Maintain a constant state of alertness and operate in a safe manner.
16. Perform any other related duties as assigned.

QUALIFICATIONS

To excel in this role, candidates must demonstrate the ability to fulfill each essential duty satisfactorily. The qualifications outlined below represent the knowledge, skills, and abilities required.

EDUCATION AND EXPERIENCE

A comprehensive understanding of fields such as accounting, marketing, business administration, and finance is essential. A four-year college degree is required, along with six years of relevant experience and/or training, including five years of management experience, or an equivalent combination of education and experience.

COMMUNICATION SKILLS

Proficiency in writing reports, business correspondence, and policy/procedure manuals is necessary; the ability to effectively present information and respond to inquiries from various stakeholders is also required.

MATHEMATICAL SKILLS

Candidates should possess the ability to work with mathematical concepts, including probability, statistical inference, and the fundamentals of geometry and algebra.

CRITICAL THINKING SKILLS

The ability to solve practical problems and navigate a variety of known variables in situations with limited standardization is essential. Candidates must be able to interpret a range of instructions provided in written, oral, or diagram formats.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

Not specified.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not specified.

SOFTWARE SKILLS REQUIRED

Intermediate proficiency in spreadsheet and word processing software is required.

WORKING CONDITIONS

The working environment may present somewhat challenging conditions, with continuous exposure to elements such as noise and intermittent standing or walking, along with occasional lifting or carrying of items.

ENVIRONMENTAL CONDITIONS

The characteristics of the work environment described here are representative of those encountered while performing essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

The noise level in the work environment is typically quiet.

PHYSICAL ACTIVITIES

The physical activities described here are representative of those required to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to meet these expectations.

The role involves moderate diversity in tasks, with a low level of physical demands. Employees will regularly be required to sit, talk, or hear; frequently use hands for various tasks; and occasionally stand or walk. The employee may need to lift and/or move items weighing up to 10 pounds. Specific vision abilities required include close vision.

ADDITIONAL INFORMATION

  • A college degree in business, finance, economics, or accounting is preferred.
  • A minimum of five years of lending experience is required.
  • Five years of experience in banking, investment, or economic analysis is preferred.
  • Proficiency in Microsoft Word and Excel is required.
  • General computer skills are necessary.
  • Strong oral and written communication skills are essential.

This position may require travel to service clients, participate in community events, or attend company-related functions, classifying it as a safety-sensitive role.

  • Senior Commercial Lending Specialist

    5 days ago

    Palm Coast, Florida, United States Intracoastal Bank Full time

    About the RoleWe are seeking a highly skilled Commercial Portfolio Manager to join our team at Intracoastal Bank. As a key member of our commercial lending team, you will be responsible for overseeing all aspects of the Bank's loan risk management function.Key ResponsibilitiesLead Underwriting and Risk Management: Identify, gather, and analyze relevant...

  • Private Bank Lending Specialist

    3 days ago

    West Palm Beach, Florida, United States Citizens Financial Group, Inc. Full time

    Citizens Financial Group, Inc. is seeking a skilled Lending Specialist to join their team in the Palm Beach office. The ideal candidate will support the underwriting needs of the Private Banks business loan and commercial real estate loan products. Key responsibilities include:Collaborating with the local team to ensure seamless loan processing and...

  • Commercial Loan Officer III

    1 week ago

    West Palm Beach, Florida, United States Centennial Bank Full time

    Job SummaryCentennial Bank is seeking a highly skilled Commercial Loan Officer III to join our team. As a key member of our commercial lending department, you will be responsible for extending credit within the policies and guidelines set forth in our loan policy.Key ResponsibilitiesInterview commercial loan applicants and evaluate their credit and financial...

  • Commercial Credit Specialist

    6 days ago

    West Palm Beach, Florida, United States First Horizon Bank Full time

    About the RoleThe Senior Credit Analyst position at First Horizon Bank provides high-level analytical support in underwriting and analyzing commercial credit facilities. This role assists Portfolio Managers and Relationship Managers in managing customer relationships and provides credit analysis support for assigned lending relationships.Key...

  • Senior Credit Analyst

    5 days ago

    West Palm Beach, Florida, United States First Horizon Bank Full time

    About the RoleThe Senior Credit Analyst position at First Horizon Bank provides high-level analytical support in underwriting and analyzing commercial credit facilities. This role assists Portfolio Managers and Relationship Managers in managing customer relationships and provides credit analysis support for assigned lending relationships.Key...

  • Commercial Appliance Repair Specialist

    2 weeks ago

    West Palm Beach, Florida, United States Florida Commercial Appliance Parts Full time

    Job OverviewCommercial Appliance Repair Specialist - OverviewWe are looking for a dependable Appliance Repair Specialist to handle service requests for commercial-grade appliance repairs and installations. This role requires strong organizational skills, effective time management, critical thinking abilities, and excellent customer service.The appliances...

  • Senior Loan Operations Executive

    2 weeks ago

    West Palm Beach, Florida, United States Guardians Credit Union Full time

    Job OverviewPOSITION SUMMARY:The Senior Loan Operations Executive is responsible for overseeing the credit union's comprehensive lending portfolio. Reporting directly to the Executive Vice President, this role is pivotal in establishing lending policies and procedures that promote sustainable portfolio expansion. The executive will strategize, develop, and...

  • Senior Project Manager

    2 weeks ago

    West Palm Beach, Florida, United States PrideStaff Full time

    Job OverviewPrideStaff is collaborating with a distinguished client to identify a seasoned and dedicated Project Manager specializing in Commercial Construction. We are looking for candidates who exhibit a high degree of emotional intelligence, possess an engaging demeanor, and are committed to delivering exceptional service to both the internal team and...

  • Mortgage Lending Specialist

    2 weeks ago

    West Palm Beach, Florida, United States Citizens Financial Group, Inc. Full time

    Job Overview As a member of Citizens Financial Group, you will join a dedicated organization focused on serving clients, colleagues, and the communities in which we operate. Citizens is a well-established financial services provider with a presence across multiple states and the capability to engage in global business. We prioritize offering a comprehensive...

  • Mortgage Lending Specialist

    2 weeks ago

    West Palm Beach, Florida, United States Citizens Financial Group, Inc. Full time

    Job Overview As a member of Citizens Financial Group, you will be part of a dedicated organization focused on serving clients, colleagues, and the communities we operate in. Citizens is a reputable and thriving financial services institution with a presence across multiple states and the capability to engage in global business. We prioritize offering...

  • Senior Credit Management Specialist

    2 weeks ago

    West Palm Beach, Florida, United States TD Bank Group Full time

    Work Location: United States of America Hours: 40 Compensation Details: $32.75 USD per hour TD is dedicated to ensuring fair and equitable compensation for all employees. The salary range for this position considers various factors in compensation decisions, including the candidate's skills, experience, job-related knowledge, and geographic location....

  • Senior Commercial Claims Adjuster

    5 days ago

    West Palm Beach, Florida, United States King's Insurance Staffing Full time

    Job SummaryKing's Insurance Staffing is seeking an experienced Commercial General Liability Claims Adjuster to join our team. As a key member of our claims team, you will be responsible for investigating, evaluating, and resolving complex commercial general liability and auto claims in accordance with company policies and procedures.Key...

  • Commercial Financial Services Manager

    4 days ago

    Boynton Beach, Florida, United States Seacoast Bank Full time

    Job Summary:As a Commercial Financial Services Manager at Seacoast Bank, you will be responsible for managing a group of clients, including their relationship and risk exposure. You will consult daily with senior A/E's on client issues and work to resolve them accordingly.Key Responsibilities:Client Relationship Management: Manage all phases of assigned...

  • Senior Commercial Property Accountant

    1 week ago

    Palm Beach, Florida, United States LHH Recruitment Solutions Full time

    Job OverviewLHH Recruitment Solutions is seeking a qualified Senior Commercial Property Accountant to join a dynamic team. This role is essential for managing financial operations within the commercial property sector.Key Qualifications:Bachelor's Degree in Accounting is mandatory.A minimum of 3 years of pertinent experience in commercial property management...

  • Senior Claims Examiner

    2 weeks ago

    West Palm Beach, Florida, United States Criterion Executive Search Full time

    Position OverviewWe are seeking a qualified Senior Claims Examiner specializing in Commercial Auto, General Liability, and Property Claims. The ideal candidate will possess extensive experience in managing complex claims involving property damage and bodily injury.Key ResponsibilitiesHandle intricate claims related to auto and general liability, including...

  • Senior Philanthropy Officer

    2 weeks ago

    West Palm Beach, Florida, United States BridgePoint Associates Full time

    Job OverviewPosition: Senior Philanthropy OfficerCompany: BridgePoint AssociatesLocation: RemoteSalary: $90,000 to $105,000 annually, commensurate with experienceBridgePoint Associates is seeking a dedicated Senior Philanthropy Officer to enhance our fundraising efforts. This pivotal role will oversee the comprehensive fundraising process for significant...

  • Senior Estimator for Commercial Projects

    2 weeks ago

    Palm Bay, Florida, United States gpac Full time

    Job Overview We are a prominent commercial construction firm recognized for our outstanding service in the Midwest. Our extensive experience spans various sectors including retail, hospitality, and healthcare, reflecting our unwavering dedication to quality and client satisfaction. We are in search of a proficient Senior Estimator to join our estimating...

  • SBA Lending Professional

    1 week ago

    New Smyrna Beach, Florida, United States Gpac Full time

    About GpacGpac is a leading search firm dedicated to placing top talent across the country.Job SummaryWe are seeking an experienced SBA Lender to join our team at Gpac. As an SBA Lender, you will be responsible for overseeing all aspects of Small Business Administration (SBA) customer relationships.Key ResponsibilitiesOriginate SBA loans, equipment leasing,...

  • Senior Credit Management Specialist

    2 weeks ago

    West Palm Beach, Florida, United States TD Bank Group Full time

    Work Location: United States of America Hours: 40 Compensation Details: $32.75 USD per hour TD is dedicated to ensuring fair and equitable compensation for all employees. The salary range for this position considers various factors that influence compensation decisions. The actual base pay offered may differ based on the candidate's expertise, experience,...

  • Senior Credit Management Specialist

    2 weeks ago

    West Palm Beach, Florida, United States TD Bank Group Full time

    Work Location: United States of America Hours: 40 Compensation Details: $32.75 USD per hour TD is dedicated to ensuring fair and equitable compensation for all employees. The salary range for this position considers various factors that influence compensation decisions. The actual base pay offered may differ based on the candidate's expertise, experience,...