What are the responsibilities and job description for the Commercial Banking Officer position at American Savings Bank?
Primary Purpose of Job:
Works closely with Corporate Banking Relationship Officers (“Corporate Officers”) to build, cultivate, and maintain a total banking relationship to include all business products offered at American Savings Bank, with an emphasis on business credit products. Reviews credit analysis or analyzes financial statements of the Bank’s national and local commercial borrowers and reviews Bank files to determine the nature and extent of all accounts and relationships.
Major Job Accountabilities:
- Provides support to Corporate Officers in the origination and maintenance of credit and/or deposit relationships:
- Participates in the investigation, analysis and objective preparation of credit requests with the Bank’s Credit Administration in a manner that accurately reflects the risks to the Bank.
- Executes and manages the closing and booking of credit products.
- Monitors borrower performance and compliance with financial covenants including the facilitation of such tasks conducted by Credit Administration.
- Timely monitoring of borrowers within the portfolio, including those which are Publicly Traded, for material and/or adverse events.
- Provides analysis to the Corporate Officers in making an informed and independent decision on approving or rejecting a credit application.
- Works to establish and maintain deposit accounts including customer servicing.
- Participates in the solicitation of cash management products and services, merchant services, and insurance and investment products to the Bank’s local commercial customers.
- Develops methods to effectively examine and analyze the financial stability, procedures, and operating history of corporate borrowers and prepares reports using information obtained from lending officers, borrowing customers, or other reliable sources.
- Prepares market conditions and summary reports with regard to the National lending portfolio and periodic updates for the credit file summarizing ongoing borrower interactions of a material nature for all Commercial customers.
- Maintains credit and financial files in accordance with Bank standards.
- Ensures loan system information accurately reflects the terms of approval.
Experience Required:
- Two (2) years of work experience with bank credit analysis and lending functions.
Required Skills or Training:
- Working knowledge of various legal documents such as, but not limited to, promissory notes, mortgages, financing statements, security agreements, personal guarantees, subordination agreements, and workout agreements.
- Knowledge of:
- Modern business practices and the legal structures of corporations, partnerships, and sole proprietorships.
- Accounting principles and practices sufficient to analyze and evaluate financial conditions of corporate enterprises.
- Business products offered by the bank to cross selling cash management services and products.
- Ability to analyze and evaluate financial/credit data.
- Ability to apply financial regulations, policies, and procedures to analytical work.
- Excellent verbal, written and listening skills.
- Basic proficiency with Bloomberg and/or ClearPar is a plus.
EOE, including disability/veterans
At American Savings Bank, we welcome and support all individuals and celebrate the diversity of our team members, customers and community. We are committed to ensuring that our online application process is accessible and provides an equal employment opportunity to all job seekers. If you need assistance searching for a job or submitting an application, please contact us by calling 808-538-2000 and a member of our Recruitment team will follow up with you. Mahalo for your interest in American Savings Bank!
