Commercial Lender

Are you searching for a great job with an amazing team? First Farmers & Merchants Bank’s Red Wing branch is looking to hire a full-time Commercial Lender to manage and develop a quality portfolio. Ideal candidates will have commercial lending or commercial credit experience and a desire to maintain strong customer relationships while building new ones through networking and referrals. Apply today by emailing your cover letter and resume to brettelford@ffmbank.com

Job Summary:

Our Commercial Lenders are responsible for developing and maintaining profitable and high-quality account relationships with commercial customers. 

Essential Functions:

·        Effectively manages the loan process and all aspects of the borrowing relationship-from origination to booking and collection. 

·        Act as a relationship manager to existing customers.

·        Identifies customer needs and recommends specific products and/or services.

·        Analyze, structure, underwrite, price, and negotiate credit requests based on the risk and value of the relationship. 

·        Manages credit risk in a manner consistent with the loan quality target established by the Chief Credit Officer. 

·        Accepts loan applications, analyzes financial statements and underwrites credit using Sage Works.

·        Negotiates terms, prepares written financial statement analysis for credit presentations package to Loan Committee.

·        Ensures loan agreements are complete and accurate according to policy.

·        Assures timely loan closing and funding activities.

·        Generate fee income. 

·        Proactively identifies and manages risk through careful review of customer financial statements, overdraft reports, past due loan reports, watch reports, and loan review reports. 

·        Maintains knowledge and understanding of bank's loan policies and credit administration procedures and performs all responsibilities according to these guidelines.

·        Develops and maintains knowledge of loan related compliance and documentation issues.

·        Participates on the Loan Committee (along with other committees as requested) and participates in community activities to promote goodwill and generate additional business.

·        Ensure compliance to loan policy, approval guidelines, and regulations.

Education & Experience:

·        Bachelor’s Degree from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.

·        Minimum 3 years of commercial lending/credit experience.

·        Knowledge of commercial credit and cash management products.

About us:

First Farmers & Merchants Bank is an independent, privately owned community bank with locations in Southern Minnesota and St. Paul.

Job Type: Full-Time

First Farmers & Merchants Bank is an Equal Opportunity Employer.