What are the responsibilities and job description for the Commercial Lending Officer position at Country Club Bank?
Commercial Lending Officer
Job Function : Responsible for the development of new business and broadening existing customer base with an emphasis in providing traditional bank credit and depository services. Also responsible to promote and sell other fee based financial services offered by the organization.
Essential Duties and Responsibilities :
Individual responsibilities include calling on existing and prospective customers in effort to retain and develop business for the organization. Structure and price credits in an appropriate fashion that creates value for the customer while adhering to the organization's underwriting standards, policies, and pricing objectives. Responsible for the performance of individual loan portfolio in all aspects including but not limited to growth and quality. Maintain current knowledge and comply with regulatory and bank standards, policies, and procedures related to depository and lending activities along with other areas of the organization as required by management. For further clarity Individual Credit Duties and Responsibilities are as follows :
- Prepare loan and sales proposals.
- Spread Financial Statements - analyze and monitor financial information as required for loan presentation worksheets (LPWs) and narrative.
- Maintain assigned loan portfolio.
- Sell additional products and services to customers.
- Actively participate in Credit Committee meetings and make complete and accurate presentations to the loan committee.
- Follow up specific leads offering business development opportunities among customers and prospects.
- Maintain a very high asset quality.
- Must be able to define problems, collect data, establish facts and draw conclusions.
- Fully accountable for loan risk rating recommendations.
- Develop periodic "action plans" for loan customers demonstrating a weakening financial condition.
- Credit portfolio management will include processing new loan requests, annual and periodical credit reviews, modifications, renewals, market research, short term asset analysis (accounts receivables and inventory), appraisal order coordination, appraisal reviews, loan closings, commercial and construction draw approval and processing, project inspection coordination as required, payment collection, accountability for loan documentation and other loan matters as required to maintain loan portfolio.
- Prepare summary memos for members of Executive Management as required.
Job Qualifications / Required Skills and Abilities :
Community Leadership :
Represents the bank and provides leadership in key community activities that may include business, charitable, civic and other social organizations to maintain a proper responsible citizen stature for the bank.
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
