10 COMMERCIAL LOAN OFFICER Jobs in Minneapolis, MN
Sunrise is Hiring a COMMERCIAL LOAN OFFICER Near Minneapolis, MN
Sunrise Banks has a new opportunity to join its Commercial Loan Team in Minneapolis at our Washington branch. If you are interested in furthering your career with a growing and fast-paced team, continue reading!
POSITION SUMMARY
Service and maintain a portfolio of a variety of commercial loan accounts. Interview, assess and analyze prospective loan clients and their financial position. Establish new business loans and deposit prospects through sales calls, networking and referral base. Grant new loans according to bank guidelines and loan policy.
ESSENTIAL FUNCTIONS
- Collects and analyzes financial and related data in order to determine the credit worthiness of the borrower within the parameters of the bank’s loan policies. Establishes and negotiates the terms under which credit will be granted to comply with loan underwriting guidelines.
- Solicits business from new & existing customers; actively seeks out, identifies and solicits commercial loan business consistent with the bank’s objectives to increase the commercial loan portfolio.
- Ensures proper loan documentation is executed to provide the bank with a valid promissory note and security interest in collateral.
- Manages individual loan portfolio including collections and restructuring of problem loans.
- Reviews existing loan portfolio for documentation exceptions and periodic financial statements.
- Refer clients and prospects to “non-bank” investment, insurance and mortgage related services.
- Performs other responsibilities and special projects as assigned.
SUPERVISORY RESPONSIBILITIES
Will demonstrate leadership and provide coaching to loan team, including Portfolio Managers, Team Members and BBAs.
COMPETENCIES
- Sunrise Core Values
- Individual Contributor Competencies
- Manager Competencies
- Area Expertise
- Change Champion
- Influencing Skills
- Strategic Thought
- Conflict Resolution
EDUCATION & EXPERIENCE
- College degree in business related field required.
- Previous financial industry experience required.
- Strong sales skill set.
- Previous credit experience beneficial.
- Comprehensive skill set in the use of the following software applications: Microsoft Excel, Word, and Outlook.
- Dale Carnegie sales training beneficial.
- 10 years of Commercial loan experience desired.
Job Summary
Full Time
Consumer Services
$119k-157k (estimate)
01/19/2024
07/01/2024
sunriseco-op.com
NORWALK, OH
500 - 1,000
Private
GEROGE SECOR
$500M - $1B
Consumer Services
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The job skills required for COMMERCIAL LOAN OFFICER include Commercial Loans, Leadership, 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
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Advising clients on suitable loan and credit options.
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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.
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Certification (recommended / optional).
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Determine an Acceptable Level of Risk.
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Take time each day to count the good things.
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Organize, Organize, Organize.
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Step 3: View the best colleges and universities for Commercial Loan Officer.
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