Commercial Loan Officer

1 day ago


Reston, Virginia, United States MVB Full time
About Us

MVB Financial Corp. is a leading financial holding company that provides innovative banking solutions to individuals and corporate clients in the Mid-Atlantic region. Our company culture is built on trust, commitment, teamwork, and a passion for delivering exceptional customer service.

Job Summary

We are seeking a highly skilled Commercial Loan Officer to join our team. As a Commercial Loan Officer, you will be responsible for identifying, selecting, developing, managing, servicing, and expanding business relationships for small and mid-size commercial clients. This includes handling new loan originations referred from business partners, including commercial lenders and retail banking centers.

Key Responsibilities
  • Contribute to the Bank's Community Reinvestment Act (CRA) goals and objectives in specific CRA target markets.
  • Develop and service business loans for business and individual clients within limits of authority.
  • Evaluate and extend credit and terms in accordance with policy and lending authority.
  • Monitor maturing notes, past dues, and client activity to ensure performance is satisfactory.
  • Develop a deposit relationship with credit clients and provide deposit referrals to the treasury team.
  • Prepare and present/recommend to a higher authority, individual, or committee any loans in excess of authority.
  • Assume responsibility for proper documentation and review of accounts.
  • Monitor loans to ensure complete conformity with terms and to ascertain any developing trends.
  • Aggressively call on potential and existing clients to maintain productivity and profitability in lending and non-lending relationships.
  • Keep abreast of changing business and economic developments which impact the loan portfolio, its profitability, and banking in general.
  • Prepare various reports as requested.
  • Service delinquent accounts as required.
  • Represent Bank through community & professional involvement in groups & associations to develop contacts for potential business.
Requirements
  • Bachelor's degree in accounting, finance, economics, or related field, or equivalent work experience.
  • Minimum 5+ years of experience in commercial lending, small business lending, loan portfolio management, credit analysis, and/or similar field, depending upon demonstrated abilities.
  • Advanced knowledge of credit administration, policy, and procedures.
  • Advanced knowledge of economics, accounting, and finance.
  • Advanced knowledge of risk analysis and mitigation.
  • Excellent communication, data analysis, and presentation skills.
Benefits
  • Medical, Dental and Vision Insurance.
  • Health Savings Account (HSA), Health Reimbursement Account (HRA) & Flexible Spending Accounts (FSA).
  • Short- and Long-Term Disability Plan.
  • Group Life Insurance.
  • 401K Salary Deferral Plan.
  • Wellness Program.
  • Education & Tuition Expense Reimbursement.
  • PTO and Unique Vacation Purchase Program.
  • Nationwide Pet Insurance Coverage.

MVB Financial Corp. is an Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.



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