Commercial Lending Officer

5 days ago


Terre Haute, Indiana, 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 credit quality and ensure adherence to federal regulations.
  • Oversee the correction of past due loans, monitor loan file exceptions, and collect delinquent loans.
  • Make recommendations for charge-offs of problem loans and collect charged-off loans.
  • Ensure compliance with applicable Bank regulations for all lending practices.
  • Develop and coordinate loan products and programs consistent with the Bank's goals and practices.
  • Adhere to customer confidentiality and information security programs for the lending function.
  • Prepare monthly loan portfolio reports for the Board.

Requirements:
  • Bachelor's degree (B.A.) from a four-year College or university; or at least five years related experience and/or training; or equivalent combination of education and experience.
  • MBA preferred.
  • Ability to think critically and solve problems, with good communication and presentation skills.
  • Knowledge of rate and risk structure of portfolio management, with experience in commercial, consumer, and mortgage lending.

Prospect Bank is an equal opportunity employer and welcomes applications from diverse candidates. If you are a motivated and experienced professional looking for a challenging role, please submit your application.



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