What are the responsibilities and job description for the Commercial Lender position at First Farmers & Merchants Bank?
Are you searching for a great job with an amazing team?
Job Location: Red Wing, MN
How to Apply: Complete the employment application linked to the right and email it to BrettElford@ffmbank.com or call/stop in at our Red Wing location today!
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.
Qualifications
- 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.
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk, hear, and stand or sit for long periods of time.
Job Type
This is a Full-Time position at our Red Wing, MN location. Full-time hours are approximately 34 – 40 hours/week.
First Farmers & Merchants Bank is an Equal Opportunity Employer.
Hospital Technical Equipment Specialist
STERIS - Commercial Operations -
Rochester, MN
Commercial Lines Account Processor
North Risk Partners, LLC -
Rochester, MN
Commercial Roofing Service Sales
Horizon Roofing, Inc. -
Rochester, MN
