Commercial Loan Officer

Position Summary: Meet and exceed goals of: attracting new commercial customers relationships; annual loan budgets; new deposit accounts and dollars; fees earned and minimum pricing standards.

Qualifications Required:

 Four year business degree

 Knowledge of accounting principles and practices

 Proficient in Windows Office applications, Word, Excel and Outlook

 Prior experience as a Commercial Loan Officer or Commercial Portfolio Manager

 Credit analysis experience with completion of a formal Credit Training program

 Ability to analyze and report on financial data

Essential Functions and Responsibilities:

 Development of a targeted prospect list

 Maintain and grow assigned portfolio and customer base

 Present commercial loans to the Management Loan Committee

 Maintain all credit reviews, identify new credit issues proactively

 Collect and analyze all required information for commercial loans

 Ensure annual review process of loans is performed according to standards

 Analyze and propose new, renewed and modified credit presentations

 Resolve data integrity issues in a timely manner

 Perform detailed credit due diligence

 Direct the closing process of commercial loans

 Maintain risk ratings in relation to credit policy

 Renew all notes on a timely basis

 Maintain all records and supporting documentation neatly and accurately

 Periodic review/annual affirmation of credit conditions of borrowers and reserves

 Analyze financial statements

 Review and handle modifications and amendment requests

 Maintain close relationships with customers

 Ensures compliance with Fair Lending, CRA and HMDA requirements

 Meet/exceed goals of reducing criticized assets

 Assist in the correction of all Formal Agreement Articles and MRA’s

 Early recognition of credit problems, quick development/implementation remedial actions

 Prepares timely CPC forms

 Tests loans to measure and control concentration risk

 Obtains borrower financial statements on a timely basis

 Responsible for collecting past due balances

 Have full understanding and ability to effectively review legal loan documents

Job Type: Full-time

Pay: $100,000.00 - $125,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Ability to commute/relocate:

• Farmington, CT 06032: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Credit analysis: 3 years (Required)
• Loan origination: 3 years (Required)
• Commercial Loan Sales: 3 years (Required)

Work Location: In person

Salary : $100,000 - $125,000