2 Commercial Loan Officer Jobs in Brookfield, WI
First Federal Bank of Wisconsin is Hiring a Commercial Loan Officer Near Brookfield, WI
Primary ResponsibilitiesMay perform any or all of the following duties:
- Generate commercial loans and fee income while properly managing the risk of the loan portfolio in accordance with bank policy, procedures, and complying with regulations.
- Service credit needs of customers and prospects; obtaining financial and other information; analyze credits; recommend approval to senior management or the credit committee where required; and negotiate terms and conditions such as rates, collateral, guarantees, loan agreements, and other documentation.
- Generate deposits and assist in the sale of other bank products and services.
- Proactive loan portfolio management to ensure minimum risk of loss on all loans.
- Act as financial consultant to customers and prospects which require maintenance of technical knowledge.
- Responsible to manage and grow commercial and public deposit base as directed. Solicit the business of new and established customers.
- Acts as a relationship manager for customers ensuring customer satisfaction and the resolution of service problems.
- Maintain product and selling knowledge to generate credit, deposit, and fee business.
- Monitor the quality of book of loans and credit accounts. Maintain a well-mixed book of business while maintaining diversification and monitoring financial risk. Complete credit pool analysis.
- Responsible for preparation of appropriate action plans as assigned.
- Analyze and decision commercial loans promptly upon completion of the analysis.
- Understand and comply with bank policy, laws, and regulations.
- Applies on-going supervision and review of the credit until ultimate collection or loan payoff.
- Monitor/mentor junior leaders as needed.
- Other duties as assigned.
- Thorough knowledge of banking services, especially as it relates to lending.
- Display knowledge and abilities to analyze financial information.
- Must have good verbal and written communication skills.
- Must be able to work independently with little supervision.
- Ability to develop and exercise interpersonal skills in negotiating and selling.
- Ability and willingness to maintain specialized technical and product knowledge.
- Bachelor's degree or equivalent experience required, with basic understanding of business and economic subjects.
- Two to four years of loan and banking experience required.
Job Summary
Full Time
$62k-83k (estimate)
07/29/2023
07/07/2024
firstfederalwisconsin.com
WAUKESHA, WI
<25
1922
GARY RILEY
$10M - $50M
Related Companies
About First Federal Bank of Wisconsin
The Community Bank Difference The Community Bank Difference is more than a tagline, it is our culture at First Federal Bank. We are a full-service community bank, located in Waukesha, Brookfield, New Berlin, and Bay View, Wisconsin. When you work with us, you can expect: * Quick, local, and responsive decision-making. * Personalized service and advice that meets or exceeds your expectations. * Significant commitment to our local communities. At First Federal Bank our competitive advantage is our people; how we serve our customers and support our communities. We believe in conducting business w...ith honesty and integrity. We know that trust, along with providing individualized service and financial expertise, builds long-term relationships. Banking should be convenient and easy. We are experts in the products and services we provide and in helping our customers achieve their financial goals. We invite you to experience what The Community Bank Difference is about. Come in and see us today.
More
Show less
The job skills required for Commercial Loan Officer include Commercial Loans, Economics, Written Communication, Negotiating, Treasury Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Commercial Loan Officer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commercial Loan Officer. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Commercial Loan Officer positions, which can be used as a reference in future career path planning. As a Commercial Loan Officer, it can be promoted into senior positions as a Group/Region Manager I (Commercial Loans) that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Loan Officer. You can explore the career advancement for a Commercial Loan Officer below and select your interested title to get hiring information.
If you are interested in becoming a Commercial Loan Officer, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Commercial Loan Officer for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Commercial Loan Officer job description and responsibilities
Consulting with managers about credit policies, credit lines, standards, and procedures
02/19/2022: El Paso, TX
Advising clients on suitable loan and credit options.
04/17/2022: Lansing, MI
Liaising between borrowers and underwriting departments.
03/12/2022: Queens Village, NY
Training and supervising loan administrators.
02/17/2022: Houston, TX
Obtaining and assessing financial information, including financial statements and credit histories.
03/29/2022: Buffalo, NY
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Commercial Loan Officer jobs
On-the-job Training & Related Experience.
01/26/2022: Cheyenne, WY
Certification (recommended / optional).
02/26/2022: Grand Rapids, MI
Determine an Acceptable Level of Risk.
03/01/2022: Charleston, SC
Take time each day to count the good things.
04/04/2022: Mcallen, TX
Organize, Organize, Organize.
02/06/2022: Corpus Christi, TX
Step 3: View the best colleges and universities for Commercial Loan Officer.
Similar Jobs
Popular Articles
