What are the responsibilities and job description for the Commercial Loan Officer (Finance) position at ilocatum?
Are you a skilled and motivated individual with experience in commercial lending and a strong drive to generate new business? Our client, a prominent financial institution, is seeking a Commercial Lending Officer to join their team in Baton Rouge, LA. In this role, you will be responsible for expanding the business loan portfolio and providing exceptional financial solutions to business clients.
Position Overview: As a Commercial Lending Officer, you will play a critical role in growing the business loan portfolio and delivering top-notch financial solutions to business clients. Reporting to the Chief Lending Officer, this position offers competitive compensation and a comprehensive benefits package with opportunities for professional growth and advancement.
Why This is a Great Opportunity:
- Impactful Role: Help businesses secure the financing they need to grow and succeed, making a positive impact on the community.
- Supportive Environment: Join a team dedicated to delivering outstanding service and building long-lasting relationships with clients.
- Career Growth: Plenty of opportunities to advance within the organization as you expand the business loan portfolio.
- Work-Life Balance: Flexible work arrangements that allow you to stay connected with the community and network with business leaders.
Key Responsibilities:
- Lead business loan initiatives and oversee loan documentation for business owners seeking financing solutions.
- Identify and develop new business opportunities through cold calling, networking, and relationship-building efforts.
- Collaborate with cross-functional teams to ensure a smooth loan process and provide excellent service to clients.
- Conduct risk assessments, prepare business loan presentations, and make recommendations to the Business Loan Committee.
- Represent the organization at local business networking events to foster relationships and grow the business loan portfolio.
- Maintain compliance with regulatory guidelines, internal policies, and risk management procedures.
Key Requirements:
- Education: Preferred bachelor's degree in finance or a business-related field.
- Experience: 5 years of commercial lending experience with a track record of success in business development and loan portfolio management.
- Demonstrated ability to establish and maintain relationships with business owners and commercial clients through proactive sales efforts.
- Strong understanding of financial analysis and the ability to evaluate business financial statements and tax returns.
- Proficiency in using lending software, Microsoft Office, and related tools for efficient loan processing.
- Preferred 2 years of commercial sales experience.
- Attention to detail and the ability to effectively analyze and manage loan documentation.
What We Offer:
- A collaborative and supportive work environment focused on professional development.
- A comprehensive benefits package including health, dental, vision, and retirement benefits.
- Flexible work arrangements with occasional in-office presence for key meetings and community engagement.
If you are ready to contribute to a leading financial institution and make an impact in the commercial lending sector, apply today to help grow a thriving business loan portfolio.
