What are the responsibilities and job description for the VP/Construction Loan Officer II position at Heritage Bank of Commerce?
Job Code: HBC 25-01
Job Summary:
The VP/Construction Loan Officer II examines, evaluates and recommends approval of client applications for a myriad of bank products, including owner-occupied and speculative SFR construction loans, investor commercial real estate loans, and commercial lines of credit, by performing the following duties.
Pay Range: Base Compensation is dependent upon role, experience, and skill set: Min- $102,960/yr Max- $171,600/yr
Primary Responsibilities:
- Requests specified financial information for loan application.
- Ensures loan agreements are complete and accurate according to policy.
- Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan.
- Interviews applicant to obtain development history and to resolve questions regarding application information.
- Monitors borrowers' financial condition for compliance with loan covenants.
- Independently negotiates structure and pricing of more complex credit facilities to borrowers with loan amounts in excess of $1MM.
- Maintains and services existing portfolio.
- Presents credits to Loan Committee and/or Director's Loan Committee for approval.
- Analyzes potential markets to develop prospects for loans and deposits.
- Maintains delinquencies and classified loans at a minimum.
- Act as Bank representative at civic and/or industry meetings or functions.
- Assist Commercial Banking Officers and Real Estate Credit Analyst in ongoing training
- Actively engage in the community by serving as a member on non-profit boards, representing the bank, and contributing to the organization’s mission and strategic initiatives.
- Perform all other duties and special projects as assigned
Qualifications:
- Master's degree (M.B.A.) from a four-year college or university; a minimum of ten years related experience at the Vice President level and/or training; or equivalent combination of education and experience.
- A strong foundation in accounting and finance with thorough knowledge of financial statement analysis.
- Knowledgeable in Microsoft Word, Excel, and database software
- Proven time management and problem-solving skills with the ability to organize, prioritize, and handle multiple tasks and make necessary decisions within a fast-paced environment
- Demonstrates initiative and the ability to work in an autonomous manner
- Strong communication and organizational skills with the ability to interact effectively with all levels of management
Compliance Responsibilities:
The employee is responsible for ensuring compliance with all aspects of job related laws and regulations and must maintain current compliance knowledge by attending compliance related training seminars and staff meetings and by reading pertinent compliance related materials.
Job related laws and regulations include, but are not limited to the following: Bank Secrecy Act (BSA); Office of Foreign Asset Control (OFAC); Vendor Management; Information and Data Security; and SEC regulations related to corporate governance and disclosure.
Heritage Bank of Commerce is an Equal Opportunity Employer committed to diversity and inclusion. We do not discriminate on the basis of race, color, ethnicity, religion, sex, sexual orientation, gender identity, national origin, marital status, genetic information, disability, Veteran status, or any other characteristic protected by Federal, state or local laws.
Salary : $102,960 - $171,600
