What are the responsibilities and job description for the Commercial Loan Officer position at Community First National Bank?
About CFNB: At Community First National Bank, we believe in the power of relationships. As a trusted financial partner within our community, we are committed to providing personalized banking solutions that foster growth and success for local businesses. We are seeking a seasoned Commercial Loan Officer who shares our values and is passionate about helping our clients achieve their financial goals.
Position Summary: The Commercial Loan Officer will play a critical role in developing and managing a diverse portfolio of commercial loans. This position requires a strong focus on relationship-building, credit analysis, and delivering exceptional service to our clients. The ideal candidate will have a proven track record in commercial lending, with the ability to identify and capitalize on new business opportunities while maintaining existing relationships.
Key Responsibilities:
- Relationship Management: Build and maintain strong relationships with customers, understanding their unique financial needs and providing tailored loan solutions.
- Loan Origination: Actively source new business opportunities through networking, community involvement, and referrals.
- Credit Analysis: Evaluate financial statements, creditworthiness, cash flow, projections, collateral and risk factors to make informed lending decisions.
- Loan Structuring: Develop customized loan structures that align with customers’ needs while adhering to bank policies and regulatory requirements.
- Portfolio Management: Monitor and manage an existing loan portfolio, ensuring compliance with loan agreements and proactive risk management.
- Collaboration: Work closely with internal teams, including loan assistants, credit analysts, and underwriters, to ensure timely processing and approval of loan applications.
- Community Engagement: Participate in community events and initiatives to promote the bank’s services and strengthen community ties.
- Cross-sell: Proactively identify cross-selling opportunities to deliver comprehensive financial solutions for clients (e.g. treasury management, deposit accounts).
- Economic Trends: Stay informed on economics trends, competitor services, and market conditions to adapt sales strategies and recommend new products.
Skills and Qualifications:
- Successful experience in commercial lending or a related financial services role.
- Strong analytical skills with a comprehensive understanding of credit analysis, loan underwriting, and risk management.
- Proven ability to build and maintain relationships with clients, business owners, and community stakeholders.
- Excellent interpersonal and customer service skills, attentiveness, information retention, tact, and diplomacy in dealing with both customers and employees.
- Strong communication skills, both verbal and written, with the ability to connect with diverse audiences.
- Strong understanding of banking regulations and compliance requirements.
- The ability to problem-solve and make sound decisions. This may include making on-the-spot decisions regarding customer transactions; weighing customer satisfaction issues with the Bank exposure to loss or fraud, and the ability to think through and rationalize decisions.
- Commitment to confidentiality and ethical handling of sensitive information.
- Ability to adapt to changing priorities and work effectively under pressure.
- Detail oriented, strong organizational skills, and high degree of accuracy.
- Self-starter, ability to work independently.
- Competence with computers, lending software, telephones, and other office machinery.
Education & Experience
- Bachelor’s degree in Finance, Business, Economics, or related field preferred.
- High school diploma or GED equivalent required.
- 5-7 years of Commercial and Ag Lending preferred.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience:
- Loan origination: 5 years (Preferred)
- Credit analysis: 3 years (Preferred)
- Sales: 5 years (Preferred)
Ability to Commute:
- Manhattan, KS 66502 (Required)
Work Location: In person