Commercial Banking Executive

4 weeks ago


Harrisonburg VA USA, United States Burke & Herbert Bank Full time

Job Summary: We are seeking a highly skilled Commercial Banking Executive to join our team at Burke & Herbert Bank. The ideal candidate will have a strong background in commercial banking, with a focus on lending and business development.

Key Responsibilities:

  • Develop and maintain relationships with existing and potential customers to identify business opportunities and provide lending solutions.
  • Analyze credit history and determine loan repayment capabilities.
  • Negotiate credit terms, including costs, loan repayment methods, and collateral specifications.
  • Develop and maintain interest rate structures to ensure competitiveness with current market rates.
  • Evaluate potential customer loan requests and make loan recommendations to the Credit Department & Loan Committee.
  • Cross-sell and promote other Summit products to customers.
  • Stay up-to-date on new laws and regulations that influence business lending within the financial institution and make recommendations to management when necessary.

Requirements:

  • Bachelor's Degree in Business, Finance, or related field.
  • Eight years of experience in a financial institution or loan department.
  • Knowledge of commercial real estate and commercial non-real estate lending policies and procedures.
  • Good managerial, collaboration, communication, organization, and sales skills.


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