What are the responsibilities and job description for the Commercial Lending Specialist position at Chesapeake Bank?
Overview
Chesapeake Bank-
Want to build a successful career with a financial institution that excels in the industry and has “fun” as one of its corporate values? Our team has high levels of employee engagement, proven in yearly external engagement surveys that rank us in the top 200 banks for multiple years running. We offer competitive benefit plans and have high levels of job satisfaction. Chesapeake puts an emphasis on knowing that we are only as strong as the communities we serve, therefore we contribute service hours and money to our local communities.
Talk to us about a career that makes you want to get up and come to work, have fun and make a difference.
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Top 10 Reason You Should Explore a Career with Chesapeake Bank
Summary:
The Commercial Lending Specialist position will be responsible for the origination, processing, closing, and ongoing management of commercial loans, and the customer relationships associated with them in their assigned regions. The employee will report to and assist the Senior Commercial Lender for their region with commercial requests exceeding their development level, for the development of new customers, and for the management of assigned relationships from the existing regional portfolio. While working with existing clients and during the development of new clients, the Lender will look for referral/sales opportunities for all business lines the Bank offers.
The Lender will lead all parts of the lending process for requests matching their experience level to include: identifying client & prospect needs, assisting with the completion of all internal forms necessary for the lending process, conducting client/prospect interviews to obtain all the necessary information to prepare a credit memo, decision the request, & close the approved requests in an efficient manner; ongoing management of the relationship once established.
Responsibilities
- Relationship management of assigned portfolio and business development of new clients through participation in local business and community activities, development of referral partners, and cold calling.
- Interviews loan applicants, compiles/collects necessary financial information, recommends conditions and terms, process loan requests through Bank’s centralized underwriting system for approval, and assists in closing, all within the financial institution’s policies and procedures.
- Supports the Senior Commercial Lender with new requests and regional portfolio management.
- Works closely and effectively with all internal and external partners to ensure effective communication and process management to ensure an efficient lending process and superior customer experience.
- Provide input to management in order to streamline and improve loan services for the benefit of the customer and the financial institution.
- Understand your role as defined by the three lines of defense to maintain a compliance culture that includes risk management processes
- Other duties as assigned
Requirements
- Bachelor’s Degree
- Five years’ experience in a financial institution loan department, or similar area.
- Extensive knowledge of financial institution, policies, and procedures.
- Good managerial, communication, and public relation skills.
- Ability to generate new clients for the Bank through business development activities
- Maintains high level of visibility within the community through involvement with referral, civic or nonprofit groups.
