Senior Commercial Loan Officer

Company Overview
American Bank is a dedicated community financial institution that has been serving the parishes of Red River, St Tammany, Tangipahoa, and Jefferson since 1964. Committed to fostering local growth and building strong relationships, we pride ourselves on providing personalized banking services that meet the needs of our neighbors and businesses alike.

Job Function

Responsible for managing the Bank’s commercial loan portfolio, overseeing a team of Commercial Loan Officers, and driving portfolio growth while ensuring regulatory compliance.

Responsibilities

· Manage a team of Commercial Loan Officers

· Cultivate new business relationships and source prospective clients

· Assist the CLO in creation of guidelines and policies relating to the accurate and timely servicing of the institution’s commercial loan portfolio

· Participate in the review and approval of presented loan applications

· Maximize portfolio growth through effective planning, development, and implementation of lending strategies

· Review existing and new client relationships for credit quality, structure, and pricing

· Monitor and manage institution’s commercial portfolio and communicate performance and concerns to top management

· Develop and maintain manuals and references

· Stay abreast of regulations and legislation, as well as other political and policymaking events that directly affect the financial institution

· Conduct various assessments and audits to ensure department procedures are achieving accurate and desired results

· Interact with auditors, compliance, and examiners to assist in Bank reviews and examinations; address and ensure necessary changes or recommendations have been implemented

· Maintain open communication and partner effectively with other department managers

· Achieve department goals within defined timelines

· Perform ongoing training, review, and communicate current or developing industry topics or standards, policy changes, and regulations

· Provide effective performance management, including regular feedback, coaching, goal setting, and performance evaluations

· Consistently support the Bank and its core values

· Follow all policies and procedures

· Additional duties may be assigned by supervisor

Requirements

· High school diploma or equivalent

· Bachelor’s degree in business administration, finance, or related field

· Master’s degree or Graduate School of Banking preferred

· 10 years experience in lending and loan operations, administration, and policies and procedures

· 5 years experience in a management role

· Active NMLS license

· Extensive knowledge of banking laws, regulations, policies, and procedures

· High level analytical skills

· Strong interpersonal, negotiation, and business development skills

· Excellent written and verbal communication

· Effective time management skills

· Intense attention to detail

Pay: From $150,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Health savings account
• Life insurance
• Opportunities for advancement
• Paid time off
• Professional development assistance
• Referral program
• Tuition reimbursement
• Vision insurance

Work Location: In person

Salary : $150,000