Glen Burnie, MD
Who Staffing is looking for a Commercial Loan Officer for a fulltime, direct hire opportunity with our client in Glen Burnie, MD.
Job Summary:
The Commercial Loan Officer reports to the Chief Lending Officer, Executive Officer. This position is responsible for business development in the small-business lending market. Develops and manages commercial/consumer loan accounts in accordance with the established policy procedures under the general supervision of the Chief Lending Officer.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Duties include, but are not limited to:
· Interviews loan applicants, collect and analyze financial and related information to determine the credit worthiness of borrowers and the merits of their request.
· In compliance with policy, negotiates terms under which credit will be extended, including cost, repayment method, schedule, and collateral requirements.
· Approves loans up to the assigned individual lending limit as outlined by the loan policy.
· Prepares and presents loan presentations for the appropriate approving committee.
· Serves as a voting member of the Officers’ Loan Committee.
· Prospects potential new commercial clients to develop new business for the Bank by calling on customers and cross-selling other bank products.
· Maintains existing client relationships and evaluates ongoing credit worthiness.
· Conducts on-site visits of new and existing business customers for the review of management and collateral to evaluate the credit worthiness of the borrower.
· Must be able to qualify and register as a Mortgage Loan Originator (MLO) through the Nationwide Mortgage Licensing System & Registry (NMLS).
REQUIRED KNOWLEDGE SKILLS AND ABILITIES:
· Complete all extra duties assigned by the chief lending officer.
· Participates in community and civic affairs for the overall marketing of the Bank.
· Assists branch managers with commercial loan requests.
· Reviews delinquency reports and communicates with the collections department as necessary.
· Must possess good communication and listening skills with a high level of analytical ability.
REQUIRED EDUCATION AND EXPERIENCE:
· College degree with courses in accounting. Courses from recognized lending schools (i.e, ABA, IBA, or RMA) can be substituted.
· Three years’ minimum commercial lending experience.
COMPUTER SKILLS:
· Working knowledge of spreadsheets and word applications.
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