VP/Commercial Loan Officer

GenuBank is seeking a VP/Commercial Loan Officer responsible for sourcing, evaluating, structuring, and managing complex lending opportunities—including commercial real estate, C&I loans, business lending, equipment financing, and SBA lending. This role oversees the full lending cycle from sourcing and negotiation through underwriting and closing, ensuring all activities comply with the Bank’s credit policies, regulatory standards, and risk management practices.

Responsibilities

1.   Sources, negotiates, underwrites, and coordinates the closing of CRE, C&I loans, SBA, and business loans in compliance with the Bank’s lending policies and procedures.

2.    Engages in business development activities and sourcing of new business, and actively involved in instilling and maintaining a positive sales environment through education of the Bank’s products and services.

3.    Assists in attaining established Bank, region and branch goals through active participation in sales management and officer call programs.

4.    Interviews prospective applicants and requests specified information related to loan or credit application, and corresponds or re-interviews applicants to resolve questions regarding application information.

5.    Performs pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.

6.    Gathers and analyzes all information necessary to present a financing request to Senior Management or Loan Committee for approval, meets with existing or potential customers, visiting sites of loans, negotiates loan terms and conditions, and approves loans within established lending limits or refers and recommends acceptance to the Chief Credit Officer or Loan Committee.

7.    Coordinates processing of approved loans, ensures loans are processed according to agreement, customer needs and conform to Bank lending policies, obtains sufficient information and/or documentation from customers, solves problems relative to processing and servicing of loans within their portfolio, and approves loan disbursements in accordance with agreements.

8.    Ensures that credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.

9.    Ensures that certification or deletion of collateral is made by the appropriate personnel.

10.  Negotiates, underwrites and processes renewals of credit facilities.

11.  Approves loan payments, draws from lines of credit, and fund transfers within specified limits.

12.  Authorizes commitment, engagement, auction and decline letters.

13.  Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.

14.  Verifies funds with mortgage companies and contractors.

15.  Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors and competition.

16.  Represents the Bank in various community, civic, and community reinvestment functions to further enhance the Bank’s image and develop additional business, assists the Bank in establishing and maintaining market position in the financing arena.

17.  Reviews NSF and overdraft reports for customers assigned within their portfolio, and approves or declines such exceptions within established lending limits.

18.  Provides deposit and loan account ratings.

19.  Cross sells the Bank’s other products and services, referring customers to appropriate staff as indicated.

20.  Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken.

21.  Assists in meeting annual deposit and loan growth goals assigned by Senior Management, and participates in various internal committees assigned by Senior Management.

22.  Responds to inquiries or refers inquiries to the appropriate department or person, and exhibits the necessary follow through with customers and/or staff involved.

23.  Consistently applies superior decision making techniques pertaining to inquiries, approvals and requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.

Qualifications

·   Bachelor’s degree (BA) or equivalent from a four-year college or university, five year related experience and/or training, or the equivalent combination of education and experience. Work related experience should consist of a financial analyzing or lending background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.

·  Registered with the Nationwide Mortgage Licensing System and Registry as a mortgage loan originator in accordance with the Secure and Fair Enforcement for Mortgage Licensing Act (the “SAFE Act”).

·     Strong experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.

·     Strong experience, knowledge and training in all lending activities and terminology.

·     Strong knowledge of commercial, construction, real estate and business loan processing.

·    Strong knowledge of related state and federal lending and compliance regulations, and other Bank lending policies.

·    Ability to develop marketing and business development skills with customers.

·    Strong knowledge of branch operation procedures, Bank products and services.

·    Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.

·     Excellent organizational and time management skills.

·  Intermediate skills in computer terminal and personal computer operation, host computer system, word processing, spreadsheet, and specialty software programs.

·    Intermediate typing skills to meet production needs of the position.

·   Advanced math skills, ability to calculate interest, commissions, proportions, and percentages, balance accounts, add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals, locate routine mathematical errors, and compute rate, ratio and percent, including the drafting and interpretation of bar graphs.

·    Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, speak clearly to customers and employees.

·     Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.