What are the responsibilities and job description for the VP/Commercial Lending Officer position at The Harbor Bank of Maryland?
Develops and manages commercial loan accounts that meet established lending requirements and provide maximum profitability to the Bank at minimum risk.
Primary Responsibilities and Duties :
- Interviews loan applicants, and collects and analyzes financial and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request.
- Underwrites loans, establishes, and negotiates where necessary, terms under which credit will be extended, including the costs, repayment method, and schedule and collateral requirements.
- Approves loans within authorized limits and serves as a contact officer on loans above limit. In general, handles the more complex and substantial department loans.
- Collects and analyzes information that reflects the current creditworthiness of customers and the current merits of existing loans. May obtain information through direct inspection of the applicant's business and / or collateral, review of interim financial reports, personal interview, and other means.
- Monitors loan repayment activities and takes necessary action to collect from past-due accounts.
- Advise customers, where possible, concerning business management and financial matters.
- Develops new business by contacting prospects and customers, cross-sells Bank services.
- Serves as member of loan committee, which makes preliminary evaluations of loan requests.
- Develops material for and makes loan presentations to the executive committee where required.
- Participates in community affairs to increase the Bank's visibility and to enhance new business opportunities.
- Serves as a contact officer for non-borrowing accounts and loan customers for matters relating to other Bank services.
- Undertakes special projects relating to departmental services as assigned by Senior Lender.
- Performs other duties as assigned.
Skills and Abilities Required :
EOE DV
