Business Development Officer
2 days ago
Job Title: Business Development Officer
Location: [Not Specified]
The estimated salary for this role is $55,000 - $65,000 per year.
We are seeking a skilled Business Development Officer to join our team at First Merchants Bank. In this role, you will provide administrative support to the commercial banking team by processing commercial loan requests. Your primary responsibilities will include preparing requests for credit, ensuring collateral and other request details are defined for documentation, and interacting with approved attorneys for externally prepared transactions. You will also be responsible for preparing deals for closing, ensuring all due diligence and conditions to close are satisfied, disbursing loan funds, and processing fees according to executed loan documents.
In addition to these tasks, you will provide high-quality customer service to commercial banking customers by responding to their requests in a timely and accurate manner, resolving inquiries and problems within your scope of authority, and proactively using partners to meet their needs. You will also serve as a partner to the commercial banking team by proactively dealing with portfolio management needs to mitigate risk, recognizing financial, loan, and collateral exceptions, and ensuring delinquent and maturing loans are resolved timely.
To be successful in this position, we require a high school diploma or equivalent, a minimum of one year of related experience, and demonstrated experience with Microsoft Office (Word, Excel, Outlook). Experience with Microsoft Teams is a plus.
We offer a competitive salary, medical, dental, and vision insurance, 401(k), health savings and flexible spending accounts, vacation/sick time, paid holidays, paid parental leave, tuition reimbursement, and additional benefits.
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