What are the responsibilities and job description for the Commercial Lender position at Byron Bank?
Byron Bank is the premier third-generation community bank, and we are looking for an equally dynamic and successful Commercial Lender to join the team. This lender will be responsible for developing and managing new commercial loan and business deposit relationships for this area. As part of the team, they will represent Byron Bank in the local community through participation in community affairs and participation in marketing & cross-selling of all relevant Byron Bank products and services.
To learn more about this exciting role please reach out today!
Job Duties & Responsibilities:
To learn more about this exciting role please reach out today!
Job Duties & Responsibilities:
- Manage the commercial loan portfolio including overall relationship profitability and portfolio risk.
- Achieve improved profit margin through increased loan growth, deposit growth, and fee income.
- Maintains comprehensive understanding of current commercial products offered in the market and keeps informed of all relevant industry trends and practices.
- Maintain properly documented files and manage renewals.
- Evaluate loan applications and conduct credit analysis to determine the risk level and recommend appropriate loan terms.
- Continued business development through cross selling and joint calling efforts.
- Active in various community organizations and events to increase bank’s visibility, develop relationships, and drive business opportunities.
- Follow all bank policies and procedures and compliance rules and regulations.
- Stay updated on relevant laws, regulations, and industry standards.
- Ensure all lending activities adhere to regulatory requirements and credit union policies.
- Participate in internal and external audits, providing necessary documentation and information.
- Other duties as assigned.
Skills & Attributes Needed
The following skills and attributes are needed to be successful in your banking career as a Commercial Loan Officer:
- Strong attention to detail and organization
- Interpersonal skills
- Excellent communication skills
- Maintain the highest level of confidentiality and discretion of customer and bank information
- Work independently as well as collaboratively as part of a team
- Work closely with other departments, including retail and credit risk to ensure a seamless lending process.
- Provide support to junior staff and colleagues on commercial lending practices and policies.
- Contribute to the development and improvement of lending policies and procedures.
- Ability to work under high stress levels with frequent interruptions and with tight and often changing deadlines.
- General knowledge of commercial industry and detailed understanding of appropriate regulations and guidelines
- Strong analytical skills with the ability to assess financial statements and credit risk.
- Knowledge of commercial loan products, underwriting standards, and regulatory requirements.
- Ability to build and maintain strong member relationships.
- Proficiency in financial analysis software and loan processing systems.
- Ability to operate standard office and bank equipment and required software including Microsoft Word, Excel, PowerPoint and Outlook.
Education & Experience
- High school diploma or equivalent
- Associate or Bachelor’s degree in finance, accounting, business or related field, or equivalent experience, preferred, but not required.
- 5 or more years of commercial lending experience preferred
- Good credit analysis and accounting skills
- Proven ability to achieve sales goals
- Professional and effective interpersonal skills
Physical Requirements
- Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs.
- Must be capable of climbing / descending stairs in an emergency situation.
- Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators.
- Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary.
- Must be able to work extended hours or travel off site whenever required or requested by management.
- Must be capable of regular, reliable and timely attendance.
- Must be capable of climbing / descending stairs in an emergency situation.
- Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators.
- Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary.
- Must be able to work extended hours or travel off site whenever required or requested by management.
- Must be capable of regular, reliable and timely attendance.
Benefits:
- 401(k)
- 401(k) Match
- Dental insurance
- Employee discount
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Equal Employment Opportunity:
Byron Bank provides equal opportunity for all employees and applicants for employment and makes all employment decisions without discrimination on the basis of race, religion, color, sex (including pregnancy and gender identity), sexual orientation, national origin, age, disability, family medical history or genetic information, political affiliation, military service, disability challenges, marital status, ancestry, status upon discharge from military service, order of protection status or other non-merit based factors (actual or perceived). These protections extend to all management practices and decisions, including recruitment and merit practices, appraisal systems, promotions and training, and career development programs.
Byron Bank provides equal opportunity for all employees and applicants for employment and makes all employment decisions without discrimination on the basis of race, religion, color, sex (including pregnancy and gender identity), sexual orientation, national origin, age, disability, family medical history or genetic information, political affiliation, military service, disability challenges, marital status, ancestry, status upon discharge from military service, order of protection status or other non-merit based factors (actual or perceived). These protections extend to all management practices and decisions, including recruitment and merit practices, appraisal systems, promotions and training, and career development programs.
