Commercial Loan Officer

1 week ago


Champaign, Illinois, United States Prospect Bank Full time
Job Title: Commercial Loan Officer

At Prospect Bank, we are seeking a highly skilled Commercial Loan Officer to join our team. As a key member of our lending department, you will be responsible for providing expert guidance and support to ensure the overall quality of our lending portfolio.

Key Responsibilities:
  • Collect and analyze financial information to support loan approval/denial decisions.
  • Monitor and manage the correction of past due loans, ensuring compliance with federal regulations.
  • Develop and implement loan products and programs consistent with our bank's goals and practices.
  • Prepare monthly loan portfolio reports for the Board of Directors.
Requirements:
  • Bachelor's degree in a related field or equivalent experience.
  • At least five years of experience in commercial lending, with a strong understanding of rate and risk structure.
  • Excellent communication and problem-solving skills.
What We Offer:

As a Commercial Loan Officer at Prospect Bank, you will have the opportunity to work with a talented team of professionals and contribute to the growth and success of our organization. We offer a competitive salary and benefits package, as well as opportunities for professional development and advancement.



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