What are the responsibilities and job description for the Commercial Loan Officer / Business Development position at Bank Forward?
At Bank Forward, our greatest asset is our employees. Working for a widely respected company with a rich tradition, in an atmosphere of enthusiasm, positivity, with a culture grounded in teamwork focused on the future is what can be expected at Bank Forward…It’s Simply the Forward Way!
Compensation: Starting at $60,000 , depending on experience.
Benefits: Health (Traditional and High Deductible plan options), Dental, Vision, Medical & Dependent Care FSA, HSA, 401k, Employee Stock Ownership, Company paid Life and Long-term Disability Insurance, Voluntary paid benefits, Paid Time Off, Holidays, Extended Medical Absence Leave.
Work Hours: Full-time; Monday through Friday 8-5pm.
Skills / Requirements / Qualifications:
- Generates new loans and maintains customer relationships in current loan portfolio.
- Supports bank’s growth and maximizes profitability through appropriate pricing of new loan originations and fee income.
- Determines loan risk by interviewing loan applicants to determine business needs, abilities and earnings.
- Ensures all loans are in compliance with regulatory, legal and bank requirements.
- Monitors existing loan portfolio to ensure proper risk ratings and early identification of potential problems.
- Supports the bank’s relationship banking culture through ongoing customer contact, quality customer service, and superior product knowledge.
- Makes recommendations and assists in implementing programs that help the bank meet its goals; this includes making referrals as appropriate.
- Keeps abreast of economic/political factors that may impact the development of business relationships.
- Represents and promotes the company to the public and provides leadership through community involvement.
- Position requires a degree in business, accounting, finance or banking or equivalent combination of education and lending experience.
- Previous experience in outbound selling, prospecting and referral development preferred.
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Salary : $60,000