Commercial Banking Executive
4 weeks ago
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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